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: $28.23
  • 50 Day Moving Average: $26.41
  • 200 Day Moving Average: $26.59
  • Trailing P/E Ratio: 59.56
  • Foreward P/E Ratio: 10.15
  • P/E Growth: 0.51
  • Market Cap: $17.73B
  • Outstanding Shares: 628,054,000
  • Beta: 1.66
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: $34.40 (21.86% upside)

Analysts' Ratings History for Blackstone Group L.P. (NYSE:BX)
Show:
DateFirmActionRatingPrice TargetDetails
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
1/29/2016Credit Suisse Group AGReiterated RatingBuy$31.00View 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 8/24/2014 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: $1.94 EPS
Next Year EPS Consensus Estimate: $2.78 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:5.10%
Payout Ratio:400.00% (Based on Trailing 12 Months of Earnings)
74.23% (Based on Current Year Consensus EPS Estimate)
51.80% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:66.70% (3 Year Average)

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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
marketrealist.com logoBlackstone Valuations and Stock Prices Rebounded (NYSE:BX)
marketrealist.com - August 23 at 4:07 PM
marketrealist.com logoAlternatives Blackstone and KKR Underperform the Industry (NYSE:BX)
marketrealist.com - August 23 at 4:07 PM
News IconStock Trading Above Moving Averages: The Blackstone Group L.P. (NYSE:BX) - Post News (NYSE:BX)
www.kentuckypostnews.com - August 22 at 4:05 PM
News IconAnalysts Valuations For Two Stocks: Blackstone Group LP (NYSE:BX), International Paper Co (NYSE:IP) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - August 22 at 4:05 PM
News IconProcter & Gamble Co (NYSE:PG) & Blackstone Group LP (NYSE:BX) Active Movers - Money News (press release) (NYSE:BX)
www.newsismoney.com - August 22 at 4:05 PM
News IconToday's Top Gainers in the Market The Blackstone Group LP (NYSE:BX) from Financial - The Daily Leicester (NYSE:BX)
thedailyleicester.com - August 22 at 4:05 PM
finance.yahoo.com logo7:01 am Blackstone and New Mountain Capital announce $570 mln equity investment in JDA Software (NYSE:BX)
finance.yahoo.com - August 20 at 4:04 PM
News IconAsset Management: The Blackstone Group L.P. (NYSE:BX) Position of the day (NYSE:BX)
twincountynews.com - August 19 at 4:43 PM
News IconBlackstone Mulls New Mountain Capital Proposal to Back JDA Software (NYSE:BX)
ih.advfn.com - August 18 at 4:10 PM
wsj.com logo[$$] Blackstone Mulls New Mountain Capital Proposal to Back JDA Software (NYSE:BX)
www.wsj.com - August 18 at 4:10 PM
finance.yahoo.com logoOptiv Security Ranked on 2016 CRN Fast Growth 150 for Second Consecutive Year (NYSE:BX)
finance.yahoo.com - August 18 at 12:26 PM
bloomberg.com logoBlackstone Said Nearing $620 Million New York Apartment Purchase (NYSE:BX)
www.bloomberg.com - August 17 at 9:28 PM
News IconTop Gainers of the Day: The Blackstone Group L.P. (NYSE:BX) from Asset Management (NYSE:BX)
twincountynews.com - August 16 at 9:14 PM
News IconBlackstone Interested in Deal for JDA Software Minority Stake -Reuters (NYSE:BX)
ih.advfn.com - August 16 at 4:04 PM
thestreet.com logoHoneywell (HON) Stock Down, Blackstone Challenges JDA Software Deal (NYSE:BX)
www.thestreet.com - August 16 at 4:04 PM
feeds.reuters.com logoExclusive: Blackstone challenges Honeywell with JDA financing plan - sources (NYSE:BX)
feeds.reuters.com - August 16 at 2:19 PM
istreetwire.com logoTraders Recap: The Blackstone Group L.P. (BX), Geron Corporation (GERN), Darling Ingredients Inc. (DAR) - iStreetWire (NYSE:BX)
istreetwire.com - August 16 at 11:19 AM
News IconAnalysts Valuations For Two Stocks: Blackstone Group LP (NYSE:BX), Union Pacific Corporation (NYSE:UNP) - The Voice Registrar (NYSE:BX)
voiceregistrar.com - August 15 at 11:15 AM
investopedia.com logoFive Billionaires Living in Palm Beach (NYSE:BX)
www.investopedia.com - August 15 at 11:15 AM
News IconAnalyst Viewpoints on Price Target Estimates: Blackstone Group LP (NYSE:BX) - Post Registrar (NYSE:BX)
postregistrar.com - August 14 at 8:47 AM
News IconBrinker International, (NYSE:EAT) & Blackstone Group LP (NYSE:BX) Stocks on the Move - Money News (press release) (NYSE:BX)
www.newsismoney.com - August 12 at 3:29 PM
istreetwire.com logoTrader Alert: Senior Housing Properties Trust (SNH), The Blackstone Group L.P. (BX), Twilio, Inc. (TWLO) - iStreetWire (NYSE:BX)
istreetwire.com - August 11 at 4:07 PM
News IconBlackstone Creates $5 Billion REIT with Senior Housing Prospects (NYSE:BX)
seniorhousingnews.com - August 10 at 9:31 PM
capitalcube.com logoThe Blackstone Group LP :BX-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:BX)
www.capitalcube.com - August 10 at 3:28 PM
finance.yahoo.com logoDow going to 20,000? (NYSE:BX)
finance.yahoo.com - August 10 at 3:28 PM
thestreet.com logoPrivate Equity Selloffs Likely to Ding More Stocks (NYSE:BX)
realmoney.thestreet.com - August 10 at 3:28 PM
tradecalls.org logoBourgeon Capital Management Lowers stake in Blackstone Group LP (BX) - Trade Calls (NYSE:BX)
www.tradecalls.org - August 10 at 6:16 AM
sg.finance.yahoo.com logoIn recovering housing market, the starter home remains elusive (NYSE:BX)
sg.finance.yahoo.com - August 10 at 6:16 AM
seekingalpha.com logoPutting Blackstone Group LP's Yield Valuation Argument To Bed (NYSE:BX)
seekingalpha.com - August 9 at 12:56 PM
finance.yahoo.com logoBlackstone gets vote of confidence (NYSE:BX)
finance.yahoo.com - August 9 at 12:56 PM
News IconIs The Blackstone Group L.P. (NYSE:BX), a large market cap stock a smart buy? (NYSE:BX)
twincountynews.com - August 8 at 9:26 PM
marketwatch.com logoLogan’s Roadhouse steakhouse chain files for bankruptcy (NYSE:BX)
www.marketwatch.com - August 8 at 9:26 PM
fortune.com logoAnalyst Opinions To Note: Blackstone Group LP (NYSE:BX), PPL Corp (NYSE:PPL) - Review Fortune (NYSE:BX)
reviewfortune.com - August 8 at 4:04 PM
News IconBuy or Sell These Stocks? - The Blackstone Group L.P. (NYSE:BX), The Kroger Co. (NYSE:KR) - News Oracle (NYSE:BX)
www.newsoracle.com - August 8 at 4:04 PM
News IconLeading stocks in today’s market: The Blackstone Group L.P. (NYSE:BX) (NYSE:BX)
twincountynews.com - August 5 at 9:25 PM
tradecalls.org logoEvercore Wealth Management buys $40351563 stake in Blackstone Group LP (BX) - Trade Calls (NYSE:BX)
www.tradecalls.org - August 5 at 4:05 PM
bloomberg.com logoBlackstone's SeaWorld Stake Turns Minnow (NYSE:BX)
www.bloomberg.com - August 5 at 12:25 PM
News IconUpdate on The Blackstone Group L.P. (NYSE:BX) for the day (NYSE:BX)
twincountynews.com - August 4 at 9:44 PM
biz.yahoo.com logoBLACKSTONE GROUP L.P. Files SEC form 10-Q, Quarterly Report (NYSE:BX)
biz.yahoo.com - August 4 at 9:44 PM
News IconStock Attracting Analyst Attention: Blackstone Group LP (NYSE:BX ... - The Voice Registrar (NYSE:BX)
voiceregistrar.com - August 4 at 4:09 PM
marketrealist.com logoAres Capital Beat Q2 Estimates: Targeted Growth and Consolidation (NYSE:BX)
marketrealist.com - August 4 at 4:09 PM
finance.yahoo.com logoGain Exposure To High Yielding Private Investments With This Asset Manager (NYSE:BX)
finance.yahoo.com - August 3 at 4:05 PM
ft.com logo[$$] Hedge funds bolster quantitative know-how (NYSE:BX)
ad.doubleclick.net - August 3 at 12:42 PM
breakingfinancenews.com logoJefferies & Co covered (NYSE:BX) Blackstone Group LP, raising its target price to $31 today (NYSE:BX)
breakingfinancenews.com - August 2 at 4:07 PM
breakingfinancenews.com logoJefferies & Co covered (NYSE:BX) Blackstone Group LP, raising its target price to $31 today (NYSE:BX)
breakingfinancenews.com - August 2 at 4:07 PM
wsj.com logo[$$] Sinclair Broadcast Group Expressed Interest In Acquiring Weather Channel (NYSE:BX)
www.wsj.com - August 2 at 4:07 PM
wsj.com logo[$$] Sinclair Broadcast Group Expressed Interest In Acquiring Weather Channel (NYSE:BX)
www.wsj.com - August 2 at 4:07 PM
seekingalpha.com logoBlackstone: Undervalued By 37% - Seeking Alpha (NYSE:BX)
seekingalpha.com - August 2 at 8:48 AM
tradecalls.org logoCottage Street Advisors Lowers stake in Blackstone Group LP (BX) - Trade Calls (NYSE:BX)
www.tradecalls.org - August 2 at 8:48 AM
uk.finance.yahoo.com logoCinven swoops on Old Mutual's Italian unit in $335 mln takeover - source (NYSE:BX)
uk.finance.yahoo.com - August 1 at 3:58 PM

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Blackstone Group L.P. (NYSE:BX) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff