Last $34.47 USD
Change Today -0.54 / -1.54%
Volume 4.3M
BX On Other Exchanges
Symbol
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As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$34.87
Previous Close
$35.01
Day High
$34.99
Day Low
$34.32
52 Week High
07/23/14 - $36.08
52 Week Low
08/27/13 - $21.30
Market Cap
39.0B
Average Volume 10 Days
7.5M
EPS TTM
$3.76
Shares Outstanding
511.6M
EX-Date
07/24/14
P/E TM
9.2x
Dividend
$2.20
Dividend Yield
4.96%
Current Stock Chart for BLACKSTONE GROUP LP/THE (BX)

blackstone group lp/the (BX) Details

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York.

2,010 Employees
Last Reported Date: 02/28/14
Founded in 1985

blackstone group lp/the (BX) Top Compensated Officers

Co-Founder, Chief Executive Officer, Chairman...
Total Annual Compensation: $350.0K
President, Chief Operations Officer, Director...
Total Annual Compensation: $34.8M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $7.6M
Vice Chairman, Vice President and Director of...
Total Annual Compensation: $11.4M
Chief Legal Officer and Senior Managing Direc...
Total Annual Compensation: $4.6M
Compensation as of Fiscal Year 2013.

blackstone group lp/the (BX) Key Developments

The Blackstone Group L.P. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

The Blackstone Group L.P. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenue of $2,257,860,000 against $1,440,470,000 a year ago. Income before provision for taxes was $1,306,664,000 against $566,674,000 a year ago. Net income attributable to parent company was $517,016,000 against $211,148,000 a year ago. Basic and diluted earnings per share were $0.85 against $0.36 a year ago. Adjusted EBITDA was $856,890,000 against $417,781,000 a year ago. For the six months, the company reported total revenue of $3,784,528,000 against $2,686,943,000 a year ago. Income before provision for taxes was $2,015,636,000 against $1,045,256,000 a year ago. Net income attributable to parent company was $782,633,000 against $378,783,000 a year ago. Diluted earnings per share were $1.29 against $0.65 a year ago. Adjusted EBITDA was $1,413,827,000 against $855,553,000 a year ago.

The Blackstone Group L.P. Declares Quarterly Dividend, Payable on August 4, 2014

The Blackstone Group L.P. has declared a quarterly distribution of $0.55 per common unit to record holders of common units at the close of business on July 28, 2014. This distribution will be paid on August 4, 2014.

Grupo Villar, EDP and funds eye E.ON's Spanish Assets

Grupo Villar Mir, S.A. Energias de Portugal Investments and Services, Sociedad Limitada and five investment funds are among the potential buyers for E.ON España, S.L., Expansion reported. The Spanish paper named the funds The Blackstone Group L.P. (NYSE:BX), Kohlberg Kravis Roberts & Co. (NYSE:KKR), Brookfield Asset Management Inc. (TSX:BAM.A) and the infrastructure arm of JPMorgan Chase & Co. (NYSE:JPM), citing market sources. E.ON has hired Citi to advise it on the sale of the assets, three people familiar with the matter told Reuters in April 2014.

 

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