Economy

Earnings Analysis Of The Blackstone Group LP (BX)

Macguire Cheswick & Tuttle Investment Counsel LLC's holdings in Blackstone Group were worth $7,649,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. The value of the company's investment in The Blackstone Group L.P. Commo went from $437,597,000 to $556,990,000 increasing 27.3% for the reporting period. LLC now owns 42,088 shares of the asset manager's stock valued at $1,404,000 after purchasing an additional 143 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Superior Uniform Group by 0.5% in the second quarter. Neuberger Berman Group LLC now owns 414,389 shares of the textile maker's stock valued at $9,262,000 after acquiring an additional 31,726 shares during the last quarter. Winslow Evans & Crocker has an ownership of 3,500 stocks of the asset manager's shares valued at $117,000 following acquiring an extra 50 shares through out the previous quarter, Nuveen Asset Management lifted its holdings in stocks of The Blackstone Group by 1.5% through out the 1st period. Next Financial Group, Inc now owns 13,235 shares valued at $441,000,000. According to these analysts, the Low Revenue Estimate for The Blackstone Group L.P.is 1.31 Billion and the High Revenue Estimate is 1.73 Billion. As of quarter end Janus Capital Management LLC had acquired a total of 2,565,390 shares growing its holdings by 15.8%. Finally, Joel Isaacson & Co.

05/22/2017 - The Blackstone Group L.P. had its "outperform" rating reiterated by analysts at Credit Suisse. Dimensional Fund Advisors LP now owns 1,084,709 shares of the textile maker's stock valued at $24,243,000 after acquiring an additional 5,545 shares during the last quarter. The Blackstone Group L.P. (NYSE:BX) opened at 32.71 on Friday. The company's P/E (price to earnings) ratio is 14.67 and Forward P/E ratio of 10.45. The average volume of a stock suggests the liquidity of a particular company. Blackstone Group had a return on equity of 15.59% and a net margin of 20.08%.

Superior Uniform Group (NASDAQ:SGC) last released its quarterly earnings data on Thursday, July 27th. The dividend was $0.540 per share for the quarter which is $2.16 annualized. The firm earned $1.94 billion during the quarter, compared to analyst estimates of $1.60 billion.

12/16/2015 - The Blackstone Group L.P. had its "overweight" rating reiterated by analysts at Piper Jaffray. Analysts expect next quarter's EPS will be $0.74 with next year's EPS anticipated to be $3.12.

COPYRIGHT VIOLATION WARNING: This piece of content was first posted by Equities Focus and is the property of of Equities Focus. If you are accessing this piece on another site, it was stolen and republished in violation of global copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.equitiesfocus.com/2017/09/21/the-blackstone-group-l-p-bx-stake-lessened-by-ameriprise-financial-inc.html. Citigroup Inc. reaffirmed a "buy" rating and issued a $41.00 price target (up from $40.00) on shares of The Blackstone Group L.P.in a report on Sunday, May 28th. Jefferies Group LLC upped their price target on shares of The Blackstone Group L.P. from $35.00 to $38.00 and gave the company a "buy" rating in a report on Tuesday, May 23rd. Barrington Research lifted their price objective on shares of Superior Uniform Group from $22.00 to $26.00 and gave the stock an "outperform" rating in a research report on Monday, July 31st. Vetr upgraded shares of The Blackstone Group L.P. from a "buy" rating to a "strong-buy" rating and set a $36.77 target price for the company in a report on Thursday, August 10th. 1 expert has recommended the share with a sell recommendation, two has issued a hold recommendation, nine have published a buy recommendation and 1 have issued a strong buy recommendation to the firms shares. The Blackstone Group L.P. presently has a consensus rating of "Buy" and a consensus price target of $37.34. BidaskClub lowered the stock of The Blackstone Group from a "buy" recommendation to a "hold" recommendation in a study on Thurs, Jun 15th.



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