BX - The Blackstone Group L.P.

NYSE - NYSE Delayed Price. Currency in USD
33.35
+0.15 (+0.45%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close33.20
Open33.23
Bid33.35 x 3000
Ask33.45 x 1400
Day's Range33.20 - 33.68
52 Week Range26.88 - 40.60
Volume4,362,113
Avg. Volume5,743,085
Market Cap39.729B
Beta (3Y Monthly)1.58
PE Ratio (TTM)14.76
EPS (TTM)2.26
Earnings DateApr 17, 2019 - Apr 22, 2019
Forward Dividend & Yield2.32 (6.99%)
Ex-Dividend Date2019-02-08
1y Target Est39.77
Trade prices are not sourced from all markets
  • Reuters3 hours ago

    EU mergers and takeovers (Feb 18)

    BRUSSELS, Feb 18 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- France's Engie and BPCE Group to ...

  • Reuters3 days ago

    Private equity firms win over Scout24 with improved $6.4 billion bid

    Hellman & Friedman and Blackstone have won over Scout24 after raising their offer for the online classifieds group to 5.7 billion euros ($6.4 billion) including debt, setting up the biggest takeover of a listed German company by private equity. The investors said in a statement on Friday that Scout24's management and supervisory board supported the sweetened bid of 46 euros a share. Last month, the German company rejected an offer of 43.50 euros per share.

  • Bloomberg3 days ago

    A Leveraged Buyout That Doesn’t Deserve the Name

    It’s low on borrowed money and doesn’t even involve buying out all the target’s shareholders. The duo want to buy Scout24 AG, German a classifieds group they previously owned and took public in 2015. The knock-on effects for the likes of Scout24 are hard to predict.

  • Scout24 Gets $5.5 Billion Boost to Rival Axel Springer, EBay
    Bloomberg3 days ago

    Scout24 Gets $5.5 Billion Boost to Rival Axel Springer, EBay

    The sweetened 46 euro-a-share bid from Hellman & Friedman and Blackstone Group LP -- which gives Scout24 an equity value of 4.9 billion euros -- will help the company better challenge rivals and grow across Europe, Scout24 Chief Executive Officer Tobias Hartmann said. The offer reflects a "joint long-term vision and ambition to turn Scout24 into a leading European digital player,” Hartmann said in a statement.

  • Reuters3 days ago

    Hellman & Friedman, Blackstone make 5.7 bln euro offer for Scout24

    Hellman & Friedman and Blackstone have offered to buy online classifieds group Scout24 for 5.7 billion euros ($6.4 billion), including debt, potentially the biggest takeover of a listed German company by private equity. The investors said in a statement on Friday that Scout24's management and supervisory board support the sweetened bid of 46 euros a share, which the private equity firms said represented a premium of 27 percent to Scout24's unaffected share price.

  • Reuters4 days ago

    Private equity consortium bids for Scout24

    German internet portal Scout24 said on Friday it will pursue a takeover offer by a consortium of finance investors Hellman & Friedman and Blackstone. The consortium, called Pulver BidCo, would act as a holding company jointly controlled by funds advised by Hellmann & Friedman and affiliates of the Blackstone Group, it said in an adhoc statement. Pulver BidCo was offering 46 euros per Scout24 share in cash to all shareholders.

  • Private equity firms eye bonanza in India's residential real estate space
    Reuters4 days ago

    Private equity firms eye bonanza in India's residential real estate space

    India's cash-starved residential real estate market is set to get a boost from foreign and domestic private equity firms, which are lining up big bets worth hundreds of millions of dollars for the sector. The domestic residential real estate space has been in a rut for years with failed and delayed projects putting buyers off. Private equity firms are now swooping in to buy assets at attractive valuations, say industry insiders, as regulatory changes and a more dovish monetary policy outlook bode well for the sector.

  • Financial Times4 days ago

    [$$] Scout24 backs €5.7bn private equity takeover bid

    that would return the German online classifieds company to its former private equity owners. a €43.50 per share bid from H&F and Blackstone. If this bid is accepted by shareholders, ownership of the company will revert to the two lead investors who floated Scout24 three years ago.

  • Financial Times4 days ago

    [$$] Why ‘covenant lite’ loans are not the menace they seem

    The novelist Richard Ford wrote that a market economy works not by giving people what they want, but by persuading them to feel good about having whatever happens to be available. Fully 80 per cent of the money that changed hands there last year was extended under what are known as “covenant lite” loans, a polite term for lending contracts that have had most of the investor protections ripped out. The safeguards in question are legal clauses that once enabled investors to grab the wheel if a company missed its financial forecasts or made other wrong turns.

  • Taubman Centers Inc (TCO) Q4 2018 Earnings Conference Call Transcript
    Motley Fool4 days ago

    Taubman Centers Inc (TCO) Q4 2018 Earnings Conference Call Transcript

    TCO earnings call for the period ending December 31, 2018.

  • MoneyShow5 days ago

    Blackstone Group- Alternative Assets and Private Equity

    Blackstone Group LP (BX), the world's largest and most diversified alternative asset manager, is a strong buy, asserts Crista Huff, growth and income expert and editor of Cabot Undervalued Stocks Advisor.

  • PR Newswire6 days ago

    Blackstone Mortgage Trust Reports Fourth Quarter and Full Year 2018 Results

    NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. (BXMT) today reported its fourth quarter and full year 2018 results. Net income for the fourth quarter was $74 million, or $0.61 per share, and for the full year was $285 million, or $2.50 per share. Stephen D. Plavin, Chief Executive Officer, said, "A strong fourth quarter capped an extraordinary year for BXMT.

  • Blackstone to back ex-Eton Park partner with $150 million seed
    Reuters6 days ago

    Blackstone to back ex-Eton Park partner with $150 million seed

    Blackstone Group LP is backing a new hedge fund being run by former Eton Park partner Aaron Wertentheil with a $150 million (116 million pounds) commitment, two sources familiar with the matter said on Tuesday. Wertentheil is launching Jones Road Capital Management with roughly $300 million in assets, including the capital from Blackstone, plus money from Eric Mindich, his former boss at Eton Park, and an unidentified endowment, said one of the sources. New York-based Jones Road will concentrate on special situations investments in the corporate credit, government credit and equities markets, among others, the sources said.

  • Private equity firms revise offer for Zayo Group
    American City Business Journals6 days ago

    Private equity firms revise offer for Zayo Group

    Blackstone Group and Stonepeak Infrastructure Partners are circling communications infrastructure company Zayo Group Holdings Inc. once again. Previously, Zayo rejected a $6 billion-plus offer from the Blackstone-led consortium (NYSE: BX), which also includes KKR & Co.

  • An Africa Invisible to Blackstone Is Winning Back Investors
    Bloomberg6 days ago

    An Africa Invisible to Blackstone Is Winning Back Investors

    After two years of declines, the region experienced growth in foreign direct investment last year, thanks to a revival of interest in South Africa and a more stable environment in Egypt. New York-based Blackstone Group LP is scaling back in Africa after less than five years. Bob Diamond, the former Barclays Plc chief, is turning his attention elsewhere after six years of struggle to get his banking venture off the ground.

  • Moody's6 days ago

    Ascend Learning, LLC -- Moody's affirms Ascend Learning's B3 CFR; outlook remains stable

    Moody's Investors Service ("Moody's") affirmed the B3 Corporate Family Rating and B3-PD Probability of Default Rating for Ascend Learning, LLC ("Ascend Learning") following the company's proposed $300 million senior unsecured notes issuance. At the same time, Moody's upgraded the company's existing first lien senior secured credit facilities to Ba3 from B2 and affirmed the Caa2 rating on its existing $300 million senior unsecured notes due 2025. Additionally, Moody's assigned a Caa2 rating to the proposed $300 million senior unsecured notes due 2025.

  • TheStreet.com6 days ago

    Wall Street Sees No Evil as Junky Loans Surpass $1.3 Trillion

    The Federal Reserve is sounding alarms on the growing risks from loans to companies with poor credit ratings. "Someone's going to get hurt there," JPMorgan CEO Jamie Dimon said of the junk-loan market on a conference call last month.

  • Options Traders Expect Huge Moves in Blackstone (BX) Stock
    Zacks6 days ago

    Options Traders Expect Huge Moves in Blackstone (BX) Stock

    Investors need to pay close attention to Blackstone (BX) stock based on the movements in the options market lately.

  • Former BlackRock Exec Gets $200 Million Backing From Blackstone
    Bloomberg7 days ago

    Former BlackRock Exec Gets $200 Million Backing From Blackstone

    Stuart Roden, a former chairman of Lansdowne Partners, is also backing Tresidor and will join as a non-executive chairman, the person said, asking not to be identified because the information is private. Spokesmen for Blackstone and Tresidor declined to comment.

  • Reuters10 days ago

    Nielsen narrows list of private equity bidders -sources

    A private equity consortium led by Blackstone Group LP and Hellman & Friedman LLC and a group that includes Advent International and Goldman Sachs Group Inc's buyout arm have advanced to the second round of bidding for Nielsen Holdings Plc, people familiar with the matter said on Friday. Nielsen said in September it would expand a review of strategic alternatives to include a sale of the entire television ratings company after coming under pressure to do so from hedge fund Elliott Management Corp, which in August reported it owned up to 8.4 percent of the company's shares. Private equity firms Apollo Global Management LLC and Bain Capital LP also went to the next round of bidding in the Nielsen auction, which is expected to be completed by March, the sources said.

  • CNBC10 days ago

    Nielsen could be the next big leveraged buyout, sources say

    The market research firm has been quietly exploring a take-private, sources tell CNBC.

  • Reuters10 days ago

    Nielsen shortlists private equity bidders-sources

    A private equity consortium led by Blackstone Group LP and Hellman & Friedman LLC, as well as a grouping comprising Advent International and Goldman Sachs Group Inc's buyout arm, are through to the second round of bidding for Nielsen Holdings Plc, people familiar with the matter said on Friday. Nielsen said in September it would expand a review of strategic alternatives to include a sale of the entire TV ratings company, after coming under pressure to do so from hedge fund Elliott Management Corp. Private equity firms Apollo Global Management LLC and Bain Capital LP are also through to the next round of bidding in the auction for Nielsen, which is expected to be completed by March, the sources said.

  • Permian-focused water services co. in The Woodlands launches with $500M from Blackstone
    American City Business Journals10 days ago

    Permian-focused water services co. in The Woodlands launches with $500M from Blackstone

    The company's co-CEOs previously built and led the Permian Basin commercial water infrastructure platform for Anadarko and Western Gas.