Blackstone Inc. (NYSE:BX – Get Free Report) major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the company’s stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the purchase, the insider owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. This represents a 18.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Holdings Iv Gp Mana Blackstone also recently made the following trade(s):
- On Monday, February 23rd, Holdings Iv Gp Mana Blackstone acquired 1,146,789 shares of Blackstone stock. The stock was bought at an average price of $26.16 per share, with a total value of $30,000,000.24.
Blackstone Stock Down 1.4%
BX stock opened at $107.81 on Wednesday. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The company’s 50 day moving average price is $128.27 and its 200 day moving average price is $147.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market capitalization of $80.02 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 0.87 and a beta of 1.79.
Blackstone Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. This represents a $5.96 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Monday, February 9th. Blackstone’s payout ratio is 153.61%.
Wall Street Analyst Weigh In
BX has been the topic of a number of recent analyst reports. Evercore dropped their price objective on Blackstone from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, January 30th. TD Cowen dropped their price target on shares of Blackstone from $183.00 to $164.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. HSBC reduced their price target on shares of Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Finally, BNP Paribas Exane dropped their price objective on Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Blackstone currently has an average rating of “Moderate Buy” and a consensus price target of $164.00.
Get Our Latest Research Report on BX
Institutional Investors Weigh In On Blackstone
Several large investors have recently modified their holdings of the stock. Jain Global LLC acquired a new stake in Blackstone in the third quarter valued at $9,116,000. Close Asset Management Ltd raised its stake in shares of Blackstone by 16,035.1% during the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock worth $194,746,000 after buying an additional 1,133,197 shares during the last quarter. Fayez Sarofim & Co grew its stake in Blackstone by 1.9% in the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after acquiring an additional 24,237 shares during the last quarter. Whittier Trust Co. increased its holdings in Blackstone by 2.1% during the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after acquiring an additional 7,053 shares in the last quarter. Finally, Natixis Advisors LLC lifted its holdings in shares of Blackstone by 20.4% in the third quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock valued at $143,582,000 after purchasing an additional 142,479 shares in the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.
Key Stories Impacting Blackstone
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Major insider buying: Holdings IV GP Mana Blackstone purchased 2,868,069 shares (added ~18.2% to its stake), signaling strong insider conviction in the firm’s long‑term value. This large buy can support sentiment and is a constructive sign for shareholders. Blackstone (NYSE:BX) Major Shareholder Buys 2,868,069 Shares
- Positive Sentiment: Planned $15B Japan real estate push: Blackstone reportedly plans to invest about $15 billion in Japanese property over three years, which would grow its real estate AUM in Asia, increase fee‑earning capacity and diversify geographic exposure. This is a strategic growth move that could boost long‑term fee revenue. Blackstone plans to invest $15B in Japanese property over three years – report
- Neutral Sentiment: Communications hire: Black/newsroom addition — Courtney Reagan joined as Senior Editor of Blackstone Insights to drive content and engagement. This improves investor communications but has limited direct financial impact. Blackstone Names Courtney Reagan Senior Editor of Blackstone Insights
- Negative Sentiment: Private‑credit sector stress: BX pulled lower as private‑credit‑linked stocks slid after reports that Apollo and Ares limited redemptions — market concern over liquidity and investor redemptions in private credit is pressuring valuations across the group. That sector contagion is a strong near‑term headwind for Blackstone’s shares. Blackstone Stock Falls As Apollo, Ares Limit Redemptions
- Negative Sentiment: Private credit mark weakness: Blackstone’s private credit fund reportedly saw its first loss in three years, raising questions about near‑term mark‑to‑market performance, fee generation and potential investor redemptions—all risks for earnings and multiple compression. Blackstone’s private credit fund sees its first loss in three years
- Negative Sentiment: Analyst target cut: BMO trimmed its price target from $165 to $126 (while keeping an outperform rating), which reduces near‑term analyst support and can weigh on sentiment even though the new target remains above current levels. BMO Capital Markets cuts BX target to $126
Blackstone Company Profile
Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.
Blackstone’s business is organized around several principal investment platforms.
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