Blackstone
BX

$142

1.41%

Market Cap: 109B

About: Blackstone is the world's largest alternative-asset manager with $1.040 trillion in total asset under management, including $762.6 billion in fee-earning assets under management, at the end of 2023. The company has four core business segments: private equity (22% of fee-earning AUM and 28% of base management fees), real estate (39% and 43%), credit and insurance (29% and 21%), and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Employees: 4,735

Financials Investment Advice

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 19 analysts

0

News positive %

of 48 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

16% more first-time investments, than exits

New positions opened: 158 | Existing positions closed: 136

1% more funds holding

Funds holding: 1,772 [Q4 2023] → 1,794 (+22) [Q1 2024]

6% more repeat investments, than reductions

Existing positions increased: 700 | Existing positions reduced: 662

2% less capital invested

Capital invested by funds: $65.6B [Q4 2023] → $64.1B (-$1.43B) [Q1 2024]

2.09% less ownership

Funds ownership: 70.59% [Q4 2023] → 68.5% (-2.09%) [Q1 2024]

27% less funds holding in top 10

Funds holding in top 10: 86 [Q4 2023] → 63 (-23) [Q1 2024]

49% less call options, than puts

Call options by funds: $1.62B | Put options by funds: $3.15B

See Fund Rankings

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$100

30%

downside

Avg. target

$135

5%

downside

High target

$164

15%

upside

19 analyst ratings

10 positive

53%

9 neutral

47%

0 negative

0%

Morgan Stanley Michael Cyprys	15%upside $164	Overweight Maintained	23 Jul 2024
Barclays Benjamin Budish	1%downside $141	Equal-Weight Maintained	19 Jul 2024
B of A Securities Craig Siegenthaler	2%upside $145	Buy Maintained	19 Jul 2024
TD Cowen Bill Katz	15%downside $120	Hold Maintained	19 Jul 2024
Piper Sandler Crispin Love	5%upside $149	Overweight Maintained	19 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 48 articles about BX published over the past 30 days

Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina

NEW YORK & MEXICO CITY--(BUSINESS WIRE)--Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has extended the offer period of its all-cash tender offer of Ps.40.50 per certificate for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13), until 14:00 (Mexico City time) on July 29, 2024, in accordance with the Offer to Purchase. As the only announced all-.

Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina

Blackstone Mortgage: 24% Dividend Cut, What Now?

Blackstone Mortgage Trust cut its dividend by 24% last week, resulting in a 12% price slump. The REIT saw another decline in its performing loan percentage. Distributable earnings did not support the dividend (again). Shares trade at a large discount to book value.

Blackstone Mortgage: 24% Dividend Cut, What Now?

Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina

NEW YORK & MEXICO CITY--(BUSINESS WIRE)--Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has extended the offer period of its all-cash tender offer of Ps.40.50 per certificate for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13), until 14:00 (Mexico City time) on July 25, 2024, in accordance with the Offer to Purchase. As the only announced all-.

Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina

Business Insider

Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure

Blackstone Mortgage Trust, or BXMT, says its holds $9 billion of office loans. That office exposure represents roughly 40% of BXMT's loan book.

Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure

Blackstone Mortgage: It's Not Distributable EPS, It's Deleveraging

We just downgraded Blackstone Mortgage Trust to a Sell 4 days back. The REIT cut its distribution and BXMT shares are trading lower. We look at the results and tell you why Blackstone Mortgage REIT has a long slog ahead.

Blackstone Mortgage: It's Not Distributable EPS, It's Deleveraging

Blackstone's battered mortgage fund slumps as empty offices intensify pressure

Shares of commercial real estate finance company Blackstone Mortgage Trust fell 10% on Wednesday as the firm cut its dividend 24%, facing continued strains from vacant offices.

Blackstone's battered mortgage fund slumps as empty offices intensify pressure

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Medline Industries said to explore IPO in 2025, Bloomberg News reports

Medline Industries is considering an initial public offering which could fetch a valuation of $50 billion for the medical supplies company, Bloomberg News reported on Tuesday.

Medline Industries said to explore IPO in 2025, Bloomberg News reports

The State Of REITs: July 2024

The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total return in June, but small caps (+1.01%), mid-caps (+2.29%) and large caps (+2.88%) finished in the black. 65.58% of REIT securities had a positive total return in June.

The State Of REITs: July 2024

Playing Real-Life Monopoly With Blackstone

Blackstone is the largest private equity company globally, with CEO Stephen Schwarzman earning a significant income. The company has seen significant growth in various sectors, including real estate, private wealth management, and infrastructure, with a focus on AI and renewable energy. Blackstone has a strong financial position, with impressive fee-related earnings, AUM growth, and dividend payments.

Playing Real-Life Monopoly With Blackstone

See News Rankings