What’s in BlackRock MuniHoldings New York Quality Fund, Inc. (MHN) After Achieving 52-Week High?

Investors sentiment decreased to 0.74 in 2018 Q4. Its down 1.70, from 2.44 in 2018Q3. It is negative, as 4 investors sold BlackRock MuniHoldings New York Quality Fund, Inc. shares while 15 reduced holdings. 4 funds opened positions while 10 raised stakes. 4.81 million shares or 29.55% more from 3.71 million shares in 2018Q3 were reported.
Horizon Kinetics Lc holds 17,545 shares. Natl Asset Incorporated invested in 16,470 shares. Hightower Advisors Ltd Company holds 0% or 25,900 shares. Cohen And Steers stated it has 0% of its portfolio in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN). Private Advisor Gru Ltd Liability Company holds 36,550 shares or 0.01% of its portfolio. First Manhattan holds 1,350 shares. Karpus Mgmt stated it has 0.97% in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN). Rivernorth Ltd Llc has 0.06% invested in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN). Sit Inv Assocs Inc reported 0% in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN). Royal Comml Bank Of Canada invested in 115,354 shares or 0% of the stock. Saba Capital Mgmt L P owns 462,307 shares or 0.2% of their US portfolio. Edge Wealth Mgmt Lc holds 7,000 shares or 0.02% of its portfolio. Morgan Stanley stated it has 468,345 shares. Millennium Ltd Co accumulated 23,890 shares. Credit Suisse Ag has 0% invested in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) for 14,000 shares.

Since January 15, 2019, it had 2 insider purchases, and 0 selling transactions for $14,868 activity.

The stock of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) hit a new 52-week high and has $14.21 target or 7.00 % above today’s $13.28 share price. The 9 months bullish chart indicates low risk for the $413.43 million company. The 1-year high was reported on May, 17 by Barchart.com. If the $14.21 price target is reached, the company will be worth $28.94M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.84% or $0.11 during the last trading session, reaching $13.28. About 64,783 shares traded or 13.87% up from the average. BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) has declined 1.18% since May 17, 2018 and is downtrending. It has underperformed by 5.55% the S&P500.

More notable recent BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) news were published by: Businesswire.com which released: “Health Net’s MHN Government Services Awarded Military & Family Life Counseling Contract – Business Wire” on August 21, 2012, also Businesswire.com with their article: “Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds – Business Wire” published on May 01, 2019, Prnewswire.com published: “Centene To Acquire MHM Services To Expand National Footprint In Correctional Healthcare Sector – PR Newswire” on February 26, 2018. More interesting news about BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN) were released by: Seekingalpha.com and their article: “Weekly Closed-End Fund Roundup: Distribution Cuts To ClearBridge MLP Funds – Seeking Alpha” published on February 10, 2019 as well as Businesswire.com‘s news article titled: “Health Net Provides Assistance to Woolsey Fire Evacuees in Ventura and Los Angeles Counties – Business Wire” with publication date: November 09, 2018.

BlackRock MuniHoldings New York Quality Fund, Inc. is a closed ended fixed income mutual fund launched by BlackRock, Inc. The company has market cap of $413.43 million. It is managed by BlackRock Advisors, LLC. It has a 29.51 P/E ratio. The fund invests in fixed income markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.