Blackstone Group L.P. Company Profile (NYSE:BX)

About Blackstone Group L.P.

Blackstone Group L.P. logoThe Blackstone Group L.P. (Blackstone) is a global alternative asset manager. The Company's alternative asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds and other multi-asset class strategies. Its segments include Private Equity, Real Estate, Hedge Fund Solutions and Credit. Its Private Equity segment focuses on identifying, managing and creating lasting value for its investors. Its Private Equity segment includes corporate private equity funds, tactical opportunities, strategic partners and Blackstone Total Alternatives Solution (BTAS). Its Real Estate segment manages various global, European and Asian focused opportunistic real estate funds, several real estate debt investment funds and core and real estate investments. Its Hedge Fund Solutions group comprises Blackstone Alternative Asset Management. Its Credit segment consists of GSO Capital Partners LP (GSO).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: BX
  • CUSIP:
Key Metrics:
  • Previous Close: $25.46
  • 50 Day Moving Average: $27.04
  • 200 Day Moving Average: $26.63
  • 52-Week Range: $22.31 - $35.24
  • Trailing P/E Ratio: 52.70
  • Foreward P/E Ratio: 8.39
  • P/E Growth: 0.47
  • Market Cap: $15.69B
  • Outstanding Shares: 628,054,000
  • Beta: 1.58
Profitability:
  • Net Margins: 15.50%
  • Return on Equity: 6.15%
  • Return on Assets: 3.25%
Debt:
  • Debt-to-Equity Ratio: 0.57%
  • Current Ratio: 1.03%
  • Quick Ratio: 1.03%
Additional Links:
Companies Related to Blackstone Group L.P.:

Analyst Ratings

Consensus Ratings for Blackstone Group L.P. (NYSE:BX) (?)
Ratings Breakdown: 5 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $34.67 (38.67% upside)

Analysts' Ratings History for Blackstone Group L.P. (NYSE:BX)
Show:
DateFirmActionRatingPrice TargetDetails
9/19/2016Credit Suisse Group AGReiterated RatingBuy$35.00View Rating Details
8/9/2016Barclays PLCBoost Price TargetOverweight$29.00 -> $33.00View Rating Details
8/2/2016Jefferies GroupBoost Price TargetBuy$28.00 -> $31.00View Rating Details
7/22/2016Bank of America Corp.Reiterated RatingHoldView Rating Details
7/10/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
7/11/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$34.00 -> $33.00View Rating Details
3/29/2016JPMorgan Chase & Co.Lower Price Target$38.00 -> $35.00View Rating Details
3/16/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$32.00View Rating Details
2/2/2016ArgusLower Price TargetBuy$43.00 -> $38.00View Rating Details
1/29/2016Sandler O'NeillLower Price TargetBuy$33.00View Rating Details
1/29/2016Citigroup Inc.Lower Price TargetNeutral$27.50 -> $27.00View Rating Details
1/26/2016Royal Bank Of CanadaLower Price TargetOutperform$44.00 -> $38.00View Rating Details
1/13/2016SusquehannaLower Price TargetPositive$44.00 -> $41.00View Rating Details
1/13/2016JMP SecuritiesLower Price Target$44.00 -> $40.00View Rating Details
12/16/2015Piper Jaffray Cos.Reiterated RatingPositive$45.00View Rating Details
12/14/2015William BlairInitiated CoverageOutperformView Rating Details
8/11/2015Goldman Sachs Group Inc.Initiated CoverageBuy$43.00View Rating Details
8/9/2015Standpoint ResearchReiterated RatingHold$48.00View Rating Details
6/5/2015Morgan StanleyReiterated RatingOverweight$48.00 -> $50.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Blackstone Group L.P. (NYSE:BX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/13/2016        
7/21/2016Q216$0.39$0.44$1.11 billion$1.17 billionViewListenView Earnings Details
4/21/2016Q116$0.37$0.31$955.75 million$929.45 millionViewListenView Earnings Details
1/28/2016Q415$0.46$0.37$1.52 billion$877.20 billionViewListenView Earnings Details
10/15/2015Q315($0.30)($0.35)$1.79 billion($32,200,000.00) millionViewListenView Earnings Details
7/16/2015Q215$0.44$0.43$1.31 billion$1.20 billionViewListenView Earnings Details
4/16/2015Q115$1.04$1.37$2.04 billion$2.51 billionViewN/AView Earnings Details
2/10/2015$0.96$1.25ViewN/AView Earnings Details
1/29/2015Q414$0.74$0.92$1.47 billion$2.14 billionViewN/AView Earnings Details
10/16/2014Q314$0.86$0.41$1.60 billion$1.65 billionViewListenView Earnings Details
7/17/2014Q214$0.69$0.65$1.53 billion$938.88 millionViewN/AView Earnings Details
4/17/2014Q114$0.56$0.70$1.32 billion$484.00 millionViewN/AView Earnings Details
1/31/2014Q413$0.64$0.68$1.39 billion$2.69 billionViewN/AView Earnings Details
10/17/2013Q313$0.59$0.56$1.33 billion$1.23 billionViewN/AView Earnings Details
7/18/2013Q2 2013$0.54$0.62$1.22 billion$1.43 billionViewN/AView Earnings Details
4/18/2013Q1 2013$0.51$0.55$1.13 billion$1.26 billionViewN/AView Earnings Details
1/31/2013Q4 2012$0.47$0.59$1.15 billion$1.23 billionViewN/AView Earnings Details
10/18/2012$0.41$0.55ViewN/AView Earnings Details
7/19/2012$0.21$0.19ViewN/AView Earnings Details
4/19/2012$0.40$0.39ViewN/AView Earnings Details
2/2/2012$0.39$0.40ViewN/AView Earnings Details
10/20/2011($0.02)($0.31)ViewN/AView Earnings Details
7/21/2011$0.33$0.63ViewN/AView Earnings Details
4/21/2011$0.41$0.51ViewN/AView Earnings Details
2/3/2011$0.30$0.46ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Blackstone Group L.P. (NYSE:BX)
Current Year EPS Consensus Estimate: $2.08 EPS
Next Year EPS Consensus Estimate: $2.98 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.36$0.58$0.46
Q2 20163$0.37$0.74$0.53
Q3 20163$0.64$0.80$0.70
Q4 20163$0.66$0.72$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Blackstone Group L.P. (NYSE:BX)
Annual Dividend:$1.44
Dividend Yield:5.76%
Dividend Growth:66.70% (3 Year Average)
Payout Ratio:400.00% (Based on Trailing 12 Months of Earnings)
69.23% (Based on Current Year Consensus EPS Estimate)
48.32% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Blackstone Group L.P. (NYSE:BX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2016quarterly$0.365.25%7/28/20168/1/20168/8/2016
4/21/2016quarterly$0.283.94%4/28/20165/2/20165/9/2016
1/28/2016quarterly$0.617.46%2/4/20162/8/20162/16/2016
10/16/2015quarterly$0.495.68%10/22/201510/26/201511/2/2016
10/15/2015quarterly$0.4910/22/201510/26/201511/2/2015
7/16/2015quarterly$0.747.12%7/23/20157/27/20158/3/2015
4/16/2015quarterly$0.898.51%4/23/20154/27/20155/4/2015
1/29/2015quarterly$0.788.36%2/5/20152/9/20152/17/2015
10/16/2014quarterly$0.446.01%10/23/201410/27/201411/3/2014
7/17/2014quarterly$0.556.16%7/24/20147/28/20148/4/2014
4/17/2014quarterly$0.354.47%4/24/20144/28/20145/5/2014
1/30/2014quarterly$0.587.08%2/6/20142/10/20142/18/2014
10/17/2013quarterly$0.233.31%10/24/201310/28/201311/4/2013
7/18/2013quarterly$0.233.87%7/25/20137/29/20138/5/2013
4/18/2013quarterly$0.305.99%4/25/20134/29/20135/6/2013
1/31/2013quarterly$0.428.92%2/7/20132/11/20132/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Blackstone Group L.P. (NYSE:BX)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 49.03%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2016Kathleen SkeroInsiderSell11,500$26.51$304,865.00View SEC Filing  
8/15/2016Kathleen SkeroInsiderSell11,000$27.87$306,570.00View SEC Filing  
11/4/2015Group L.P. BlackstoneMajor ShareholderBuy60,000$13.79$827,400.00View SEC Filing  
11/3/2015Group L.P. BlackstoneMajor ShareholderBuy100,000$12.72$1,272,000.00View SEC Filing  
11/2/2015Group L.P. BlackstoneMajor ShareholderBuy50,000$12.37$618,500.00View SEC Filing  
9/3/2015Kathleen SkeroinsiderSell2,800$34.07$95,396.00View SEC Filing  
4/29/2015John G FinleyInsiderSell12,000$42.18$506,160.00View SEC Filing  
3/4/2015Hamilton E JamesCOOSell655,000$38.27$25,066,850.00View SEC Filing  
3/3/2015Hamilton E JamesCOOSell475,000$37.93$18,016,750.00View SEC Filing  
3/2/2015Hamilton E JamesCOOSell870,000$38.12$33,164,400.00View SEC Filing  
2/19/2015J Tomilson HillVice ChairmanSell443,240$36.34$16,107,341.60View SEC Filing  
8/12/2014Real Estate Associa BlackstoneMajor ShareholderSell8,050,000$21.10$169,855,000.00View SEC Filing  
2/12/2014Laurence TosiCFOSell200,000$31.57$6,314,000.00View SEC Filing  
10/25/2013Hamilton E JamesCOOSell3,250,000$27.26$88,595,000.00View SEC Filing  
7/31/2013Hamilton E JamesCOOSell1,500,000$22.81$34,215,000.00View SEC Filing  
2/15/2013Hamilton E JamesCOOSell3,500,000$18.35$64,225,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Blackstone Group L.P. (NYSE:BX)
DateHeadline
seekingalpha.com logoBlackstone's Baratta: Times are treacherous - The Blackstone Group ... - Seeking Alpha (NYSE:BX)
seekingalpha.com - September 27 at 3:57 PM
bloomberg.com logoBlackstone’s Top Dealmaker Says Now Is The Most Difficult Period He's Ever Experienced (NYSE:BX)
www.bloomberg.com - September 27 at 3:57 PM
finance.yahoo.com logoBlackstone’s Baratta Says Now Is the Most Treacherous Time Ever (NYSE:BX)
finance.yahoo.com - September 27 at 3:57 PM
finance.yahoo.com logoTony James: Clinton 'The Adult in the Room' at Debate (NYSE:BX)
finance.yahoo.com - September 27 at 3:57 PM
finance.yahoo.com logoBlackstone's Tony James on Debate, Markets, Retirement (NYSE:BX)
finance.yahoo.com - September 27 at 3:57 PM
News IconAnalysts Valuations For Two Stocks: Southern Copper Corp (NYSE:SCCO) , Blackstone Group LP (NYSE:BX) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 27 at 8:36 AM
finance.yahoo.com logoBlackstone to Offer Euro-Denominated Senior Notes (NYSE:BX)
finance.yahoo.com - September 27 at 8:36 AM
finance.yahoo.com logo4:49 am Blackstone announces intention to offer euro-denominated senior notes of Blackstone Holdings Finance Co (NYSE:BX)
finance.yahoo.com - September 27 at 8:36 AM
biz.yahoo.com logoBLACKSTONE GROUP L.P. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:BX)
biz.yahoo.com - September 27 at 8:36 AM
finance.yahoo.com logoOptiv Security CEO Dan Burns To Be Featured Speaker at Structure Security 2016 (NYSE:BX)
finance.yahoo.com - September 26 at 4:13 PM
News IconTwo Financial Stocks Are Hot: Corrections Corporation of America (CXW), The Blackstone Group L.P. (BX) - The Independent Republic (NYSE:BX)
theindependentrepublic.com - September 26 at 8:46 AM
News IconFinancial Stocks Growth! Ally Financial Inc (ALLY), Blackstone Group LP (NYSE:BX) - share market updates (press release) (NYSE:BX)
sharemarketupdates.com - September 26 at 8:46 AM
News IconStock Alert - The Blackstone Group L.P. (NYSE:BX) - Hot Stocks Point (NYSE:BX)
www.hotstockspoint.com - September 24 at 3:51 PM
News IconAnalysts Valuations For Two Stocks: Principal Financial Group Inc (NYSE:PFG), Blackstone Group LP (NYSE:BX) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 24 at 8:16 AM
wsj.com logo[$$] Blackstone Sells Shares in Scout24 (NYSE:BX)
www.wsj.com - September 24 at 8:16 AM
marketrealist.com logoBlackstone Saw Realizations of $7 Billion in July (NYSE:BX)
marketrealist.com - September 23 at 3:27 PM
News IconAsset Management: The Blackstone Group L.P. (NYSE:BX) Position of the day (NYSE:BX)
twincountynews.com - September 23 at 9:09 AM
marketrealist.com logoBlackstone’s PE Division to Benefit from Public Holdings in 3Q (NYSE:BX)
marketrealist.com - September 23 at 9:09 AM
marketrealist.com logoBlackstone Continues to Show Strength in Real Estate Space (NYSE:BX)
marketrealist.com - September 23 at 9:09 AM
thestreet.com logoFamily Offices Start Taking the Look of Financial Sponsors (NYSE:BX)
www.thestreet.com - September 23 at 9:09 AM
marketrealist.com logoBlackstone’s Hedge Funds Generate Low Returns amid Uncertainty (NYSE:BX)
marketrealist.com - September 23 at 9:09 AM
feeds.reuters.com logoBRIEF-Blackstone completes placement of 13.6 million shares in Scout24 AG- bookrunner (NYSE:BX)
feeds.reuters.com - September 23 at 3:37 AM
wsj.com logoBlackstone Bets Big on Logistics (NYSE:BX)
www.wsj.com - September 22 at 4:10 PM
marketrealist.com logoHow Will Blackstone Fare amid Low Interest Rates? (NYSE:BX)
marketrealist.com - September 22 at 4:10 PM
marketrealist.com logoFirst Data’s Stock Rebound Could Affect KKR’s 3Q16 Valuations (NYSE:BX)
marketrealist.com - September 22 at 8:17 AM
marketrealist.com logoInvestors Home In on KKR’s Fixed Yields: Appreciation Key in 3Q16 (NYSE:BX)
marketrealist.com - September 21 at 3:27 PM
wsj.com logo[$$] Johnny Depp Lists a Five-Penthouse Home in Los Angeles (NYSE:BX)
www.wsj.com - September 21 at 3:27 PM
News IconMGT Capital Investments Inc. (NYSEMKT:MGT) & Blackstone Group LP (NYSE:BX) News Review - Money News (NYSE:BX)
www.newsismoney.com - September 21 at 8:00 AM
wsj.com logo[$$] Blackstone Bets Big on Logistics (NYSE:BX)
www.wsj.com - September 21 at 8:00 AM
News IconNoteworthy Analyst Ratings of Two Stocks Blackstone Group LP (NYSE:BX), Texas Instruments Incorporated (NASDAQ ... - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 20 at 9:53 AM
News IconAnalysts Valuations For Two Stocks: Blackstone Group LP (NYSE:BX), General Motors Company (NYSE:GM) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 19 at 4:51 PM
News IconThe Blackstone Group L.P.'s (BX): Worthwhile Stock - Hot Stocks Point (NYSE:BX)
www.hotstockspoint.com - September 17 at 3:57 PM
News IconBlackstone Group LP (NYSE:BX) & Yum! Brands, Inc. (NYSE:YUM) UPDATE ON U.S STOCKS : 15 SEP 2016 - Money News (NYSE:BX)
www.newsismoney.com - September 17 at 3:57 PM
News IconTop Earnings to Watch for: The Blackstone Group L.P. (BX) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 17 at 3:57 PM
News IconFinancials Bubbly Stocks in Focal Point- The Blackstone Group (NYSE:BX), Navient Corporation (NASDAQ:NAVI) - Seneca Globe (NYSE:BX)
www.senecaglobe.com - September 16 at 7:50 AM
finance.yahoo.com logoSchwarzman on Fed, Election and 'Schwarzman Scholars' (NYSE:BX)
finance.yahoo.com - September 15 at 9:28 PM
bloomberg.com logoFull Show: What'd You Miss? (09/15) (NYSE:BX)
www.bloomberg.com - September 15 at 9:28 PM
News IconThe Blackstone Group L.P. (NYSE:BX) from Asset Management – Todays Top Gains (NYSE:BX)
twincountynews.com - September 15 at 4:21 PM
News IconBeck Mack & Oliver LLC Increased Blackstone Group LP Com Unit ... - Chester News (NYSE:BX)
www.chesterindependent.com - September 15 at 12:49 PM
sg.finance.yahoo.com logoTechnology veteran Dave Johnson joins Israeli venture capital fund (NYSE:BX)
sg.finance.yahoo.com - September 15 at 12:49 PM
wsj.com logo[$$] Court Confirms Warren Resources' Bankruptcy-Exit Plan (NYSE:BX)
www.wsj.com - September 15 at 12:49 PM
finance.yahoo.com logoIVG Immobilien prepares OfficeFirst for Frankfurt IPO (NYSE:BX)
finance.yahoo.com - September 15 at 12:49 PM
moodys.com logoRP Crown Parent, LLC -- Moody's Upgrades RP Crown's CFR to B2; outlook stable (NYSE:BX)
www.moodys.com - September 14 at 9:13 PM
News IconAnalysts Valuations For Two Stocks: Blackstone Group LP (NYSE:BX), CVS Health Corp (NYSE:CVS) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - September 14 at 8:12 AM
wsj.com logo[$$] Blackstone, ArcLight to Buy Midwest Power Plants From AEP (NYSE:BX)
www.wsj.com - September 14 at 8:12 AM
wsj.com logo[$$] Blackstone, ArcLight to Buy Midwest Power Plants From AEP for About $2.1 Billion (NYSE:BX)
www.wsj.com - September 14 at 8:12 AM
finance.yahoo.com logoAEP To Sell Four Competitive Power Plants To Blackstone And ArcLight Joint Venture (NYSE:BX)
finance.yahoo.com - September 14 at 8:12 AM
nasdaq.com logoRelative Strength Alert For Blackstone Group (NYSE:BX)
www.nasdaq.com - September 13 at 8:52 AM
News IconThe Blackstone Group L.P. (NYSE:BX) Updated Price Targets (NYSE:BX)
larampadinapoli.com - September 13 at 8:52 AM
News IconFinancial Stocks Assessment: Blackstone Group LP (NYSE:BX), Zions Bancorp (NASDAQ:ZION) - share market updates (press release) (NYSE:BX)
sharemarketupdates.com - September 12 at 3:53 PM

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Blackstone Group L.P. (NYSE:BX) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff