BlackRock, one of the largest asset managers in the world, has become a major shareholder in John Fredriksen-backed Golden Ocean Group.
The Nasdaq- and Oslo-listed bulker owner revealed in a filing on Tuesday that BlackRock holds a 5.07% stake in the company.
Her career started as a childhood singer.
BlackRock, one of the largest asset managers in the world, has become a major shareholder in John Fredriksen-backed Golden Ocean Group.
Jefferies research analyst Omar Nokta last month maintained a buy rating on the company with a price target of $14 and earnings per share of $0.35 and $0.51 for the third and fourth quarter, respectively.