Last $32.27 USD
Change Today +0.01 / 0.03%
Volume 4.6M
BX On Other Exchanges
Symbol
Exchange
BX is not on other exchanges.
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$32.28
Previous Close
$32.26
Day High
$32.35
Day Low
$31.92
52 Week High
03/11/14 - $35.39
52 Week Low
08/27/13 - $21.30
Market Cap
36.5B
Average Volume 10 Days
3.5M
EPS TTM
$3.23
Shares Outstanding
511.6M
EX-Date
04/24/14
P/E TM
10.0x
Dividend
$1.40
Dividend Yield
4.31%
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, Chairman, Chief Executive Officer...
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

BPER Reportedly Planning To Sell Mortgage Loan Portfolio

Banca popolare dell'Emilia Romagna, Società cooperativa. (BIT:BPE) (BPER) is planning to sell assets. MF-Milano Finanza reported quoting financial sources as saying that BPER is finalizing the sale of a mortgage loan portfolio worth around €170 million to The Blackstone Group L.P. (NYSE:BX). The report added that a number of investors are interested in managing the non-performing loans. It also mentioned that Firms including Fortress Investment Group LLC (NYSE:FIG) have expressed interest in acquiring tha assets, but Blackstone is set to buy BPER's mortgage loan portfolio. Blackstone is also said to be interested in loan portfolio of Banco Popolare's (BIT:BP) Release S.p.A, the newspaper added. It added that the sale of Release's assets will need a few more months to be completed.

Carlyle Reportedly Holds Talks About £2 billion Stake Sale in RAC

The Carlyle Group LP (NasdaqGS:CG) (‘Carlyle’) has been holding secret talks about a £2 billion stake sale of RAC Limited. Sky News has learnt that Carlyle is in preliminary discussions with competitors including Apax Partners, LLP and BC Partners about an outright takeover of RAC. The Blackstone Group L.P. (NYSE:BX) has also been sounded out about its appetite for a deal but is not thought to be interested. It was unclear on July 9, 2014 whether any of the talks with other buyout firms would lead to a deal, with several sources close to the RAC saying that they still expected it to become a publicly-listed company. Sky News revealed in May 2014 that Carlyle had appointed Lazard to advise it on options to exit its investment, on which it hopes to have doubled the value of the RAC. The RAC, Carlyle, Apax Partners and BC Partners declined to comment.

Aareal Bank And Berlin Hyp Immobilien Reportedly Eye Westdeutsche

Aareal Bank AG (XTRA:ARL) and Berlin Hyp Immobilien are eyeing acquisition of Westdeutsche ImmobilienBank AG (‘Westimmo’), which is being sold by Erste Abwicklungsanstalt (‘EAA’), Reuters reported, quoting people in the know. The sale process is run by JPMorgan Chase & Co (NYSE:JPM) which stated that Westdeutsche had garnered a dozen expressions of interest, Reuters said. The vendor wants to complete the move by year-end 2014, it added. One of the sources told the Reuters that EAA had picked several suitors, with bids due by an August deadline. Another person said that some of the competitors for Westimmo were offering a price of over €300 million. According to the insiders, buyout firms such as The Blackstone Group L.P. (NYSE:BX), Kohlberg Kravis Roberts & Co. (NYSE:KKR) and Apollo Global Management, LLC (NYSE:APO) had expressed interest in Westimmo by late May 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BX:US $32.27 USD +0.01

BX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boston Properties Inc $119.42 USD -0.27
Franklin Resources Inc $57.09 USD +0.29
KKR & Co LP $24.70 USD +0.24
T Rowe Price Group Inc $81.58 USD -0.01
Vornado Realty Trust $106.56 USD +0.50
View Industry Companies
 

Industry Analysis

BX

Industry Average

Valuation BX Industry Range
Price/Earnings 15.1x
Price/Sales 2.9x
Price/Book 3.0x
Price/Cash Flow 29.3x
TEV/Sales 2.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BLACKSTONE GROUP LP/THE, please visit www.blackstone.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.