Last $30.66 USD
Change Today +0.77 / 2.58%
Volume 3.0M
BX On Other Exchanges
Symbol
Exchange
BX is not on other exchanges.
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$29.99
Previous Close
$29.89
Day High
$30.73
Day Low
$29.93
52 Week High
07/23/14 - $36.08
52 Week Low
11/8/13 - $25.60
Market Cap
34.8B
Average Volume 10 Days
7.8M
EPS TTM
$3.85
Shares Outstanding
516.5M
EX-Date
10/23/14
P/E TM
8.0x
Dividend
$1.76
Dividend Yield
6.26%
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

Blackstone Reportedly In Talks To Acquire JK Files

The Blackstone Group L.P. (NYSE:BX) is holding talks to acquire JK Files (India) Limited, sources informed VC Circle. There might be another strategic investor along with Blackstone.

The Blackstone Group L.P. Reports Earnings Results for the Third Quarter of 2014

The Blackstone Group L.P. reported earnings results for the third quarter of 2014. Net income rose to $758.4 million or $0.66 per unit from $640.2 million or $0.56 a year ago. GAAP net income rose 46% to $250.5 million, or by 41% to $0.41 per diluted unit. The company reported record third quarter economic net income or ENI of $0.66. That's up from $0.56 in last year's third quarter, and it was driven by both higher performance and management fees. Distributable earnings of $672 million or $0.53 per common unit were also a third quarter record and more than double last year's third quarter.

Blackstone Declares Distribution for the Third Quarter of 2014, Payable on November 3, 2014

Blackstone has declared a distribution for the third quarter of 2014 of $0.44 per common unit to record holders of common units at the close of business on October 27, 2014. This distribution will be paid on November 3, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BX:US $30.66 USD +0.77

BX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boston Properties Inc $121.85 USD -0.05
Franklin Resources Inc $53.41 USD +0.52
KKR & Co LP $22.50 USD +0.74
T Rowe Price Group Inc $77.84 USD +0.52
Vornado Realty Trust $107.42 USD -0.14
View Industry Companies
 

Industry Analysis

BX

Industry Average

Valuation BX Industry Range
Price/Earnings 11.2x
Price/Sales 2.3x
Price/Book 2.7x
Price/Cash Flow 21.4x
TEV/Sales 2.0x
 | 

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.