The Blackstone Group L.P. Commo (NYSE:BX).
Swedbank reports that it decreased its ownership in The Blackstone Group L.P. Commo by 459,754 shares in its quarterly SEC filing. Its stake was worth $158,076,000 an increase of $3,646,000 as of quarter end.
Here are a few additional firms who have increased or decreased their stake in (BX). As of quarter end Private Capital Advisors, Inc. had bought a total of 5,888 shares growing its stake by 2.0%. The value of the investment in (BX) went from $8,735,000 to $10,005,000 a change of $1,270,000 for the reporting period. Narwhal Capital Management reduced its ownership by shedding 150 shares a decrease of 0.1%. Narwhal Capital Management now holds 105,705 shares worth $3,525,000. The total value of its holdings increased 12.1%.
Clinton Group Inc divested its position by selling 355,246 shares a decrease of 91.9% as of 03/31/2017. Clinton Group Inc owns 31,117 shares valued at $924,000. The value of the position overall is down by 91.2%.
On May 22, 2017 the stock rating was rated “Buy” by Citigroup a boost from the previous “Buy” rating. On October 13 Barclays made no change to the company rating of “Overweight” and raised the price target to $31.00 from $29.00.
July 11 investment analysts at Keefe Bruyette & Woods maintained a stock rating of “Market Perform” and lowered the price expectation from $48.00 to $33.00. On July 7 Barclays left the company rating at “Overweight” but lowered the price expectation from $40.00 to $29.00.
On June 16 Deutsche Bank left the stock rating at “Hold” but lowered the price target from $28.00 to $26.00. Equity analyst Deutsche Bank downgraded the stock and lowered the price target on March 11 cutting the price target from $0.00 to $28.00 and moving the rating from “Buy” to “Hold”.
The company is trading up by 1.34 percent from yesterday’s close. The company declared a dividend which was paid on Monday the 8th of May 2017. The dividend payment was $0.870 per share for the quarter or $3.48 annualized. The dividend yield was $10.55. The ex-dividend date was set for Thursday the 27th of April 2017.
It is trading at $33.98 which is just over $32.32, the 50 day moving average and marginally over the 200 day moving average of $30.47. The 50 day moving average went up $1.68 or +5.204% and the 200 day average moved up $3.53.
The company currently has a P/E ratio of 16.793 and the market value is 21.99B. As of the last earnings report the EPS was $2.03 and is estimated to be $2.91 for the current year with 646,742,000 shares presently outstanding. Next quarter’s EPS is expected be $0.70 with next year’s EPS anticipated to be $3.16.