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Last $40.64 USD
Change Today -0.86 / -2.07%
Volume 4.7M
BX On Other Exchanges
Symbol
Exchange
BX is not on other exchanges.
As of 8:04 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$40.56
Previous Close
$41.50
Day High
$41.23
Day Low
$40.33
52 Week High
05/19/15 - $44.43
52 Week Low
10/16/14 - $26.56
Market Cap
47.1B
Average Volume 10 Days
3.6M
EPS TTM
$3.58
Shares Outstanding
548.3M
EX-Date
04/23/15
P/E TM
11.4x
Dividend
$3.56
Dividend Yield
6.55%
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.

2,190 Employees
Last Reported Date: 02/27/15
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: $37.8M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $7.0M
Vice Chairman, Vice President and Director of...
Total Annual Compensation: $13.9M
Chief Legal Officer and Senior Managing Direc...
Total Annual Compensation: $4.3M
Compensation as of Fiscal Year 2014.

blackstone group lp/the (BX) Key Developments

Investors Reportedly Mulls Acquisition Of Stakes In Australia & New Zealand Banking Group

Investors are reportedly seeking acquisition of stakes in Australia & New Zealand Banking Group Limited (ASX:ANZ). Bayerische Motoren Werke Aktiengesellschaft (DB:BMW), Macquarie Group Limited (ASX:MQG) and a host of U.S. private equity firms including TPG Capital, L.P., The Blackstone Group L.P. (NYSE:BX) and The Carlyle Group LP (NasdaqGS:CG) are expected to bid for Australia and New Zealand Banking Group's more than AUD 6 billion car and equipment loan book, a source said on June 29, 2015. The automaker and Australia's top investment bank have requested information memorandums for the sale, as have buyout firms TPG Capital, L.P., The Blackstone Group L.P. (NYSE:BX) and The Carlyle Group LP (NasdaqGS:CG), said the source who is involved in the process. The sale is expected to fetch a price higher than the AUD 8.3 billion book value of the loans, the source told Reuters. Representatives of BMW, Macquarie, TPG, Carlyle and Blackstone were not immediately available to comment. Another source involved in the process told Reuters that bankers running the sale were expected to compile a shortlist of bidders within a week, after first-round offers closed on June 29, 2015. Both sources could not be identified as the discussions were private.

Investors Reportedly Eyes Stake In NCR

NCR Corporation (NYSE:NCR) would be the largest leveraged buyout so far this year but it’s looking less and less likely to happen, The Post has learned. Under pressure from activist shareholders, NCR put itself up for sale and has asked for binding bids by July 8, 2015. But with the clock ticking, the company has yet to give potential buyers enough financial information to pull together offers, two sources close to the sale process said. NCR is also seeking a rich price. It wants $36 per share to achieve a $10 billion deal. Private-equity suitors The Blackstone Group L.P. (NYSE:BX), The Carlyle Group LP (NasdaqGS:CG) along with Apollo Global Management, LLC (NYSE:APO) and Thoma Bravo, LLC are balking. “There is not enough financial information to make a binding bid,” said a source close to the deal.

The Blackstone Group L.P. Names Emir Muhammad Sanusi II as New Chairman of Black Rhino Unit

The Blackstone Group L.P. has announced that its Black Rhino unit has appointed Emir Muhammad Sanusi II as chairman of its board of directors. Prior to his appointment, Mr. Sanusi had a distinguished 25-year career in banking.

 

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BX

Industry Average

Valuation BX Industry Range
Price/Earnings 13.2x
Price/Sales 3.1x
Price/Book 3.4x
Price/Cash Flow 25.2x
TEV/Sales 3.4x
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