Thursday, January 26, 2017

BlackRock's Merck Holdings Declined Slightly, 2015 To 2016...

I'd not make too terribly much of this, as taking a little off the table would have made sense, if it happened later in 2016, after Kenilworth's run-up in NYSE price.

For the past four years (since 2013 -- with a chart looking back every year, to 2008), BlackRock has held between 7.0 per cent and 6.6 per cent of all of Merck's outstandings. [Analogous prior year's post, of mine -- from four years past, here.]

Given that Merck issues additional shares under options and restricted stock grants to executives every year, it is probably best to focus on each institutional investor's holdings level, as a percentage of all outstandings -- not just the absolute number of shares held or controlled.

. . . .183,718,408 shares. . . 6.7 per cent. . . .

Now you know. Onward. Smile.


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