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Last $39.44 USD
Change Today +0.15 / 0.38%
Volume 356.1K
BX On Other Exchanges
Symbol
Exchange
BX is not on other exchanges.
As of 10:38 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$39.49
Previous Close
$39.37
Day High
$39.50
Day Low
$39.14
52 Week High
05/19/15 - $44.43
52 Week Low
10/16/14 - $26.56
Market Cap
49.0B
Average Volume 10 Days
4.6M
EPS TTM
$2.61
Shares Outstanding
630.4M
EX-Date
07/23/15
P/E TM
15.1x
Dividend
$2.96
Dividend Yield
7.27%
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
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

Blackstone Likely To Exit 4 Of Its Portfolio Investments In India

The Blackstone Group L.P. (NYSE:BX) is likely to exit four of its portfolio investments through public issues and sale of investments to strategic investors. “Two of Blackstone's portfolio firms have already filed initial public offering (IPO) documents with the capital markets regulator and another two are likely to go public in next 18-24 months,” Amit Dixit, Senior Managing Director at Blackstone, said in a telephone interview. The two companies that have filed for IPOs include S H Kelkar and Company Limited and Nuziveedu Seeds Limited.

Top Private Equity Firms Interested in Reliance Infratel

Farallon Capital Management, L.L.C., Tilman Financial and The BlackStone Group L.P.(NYSE:BX), American Tower Corporation (NYSE:AMT) and The Carlyle Group LP (NasdaqGS:CG) are among the top initial bidders seeking to acquire a 50% stake in Reliance Infratel Limited from Reliance Communications Ltd. (NSEI:RCOM), people familiar with the matter said. UBS, Standard Chartered PLC (LSE:STAN) and SBI Capital Markets Limited are running the stake sale process, in which due diligence is expected to be carried out in July-August 2015. RCom is seeking a valuation of INR 250-300 billion for its tower arm. This includes debt of about INR 80 billion, to be transferred to the tower company once the stake sale is completed.

The Blackstone Group L.P. Announces Executive Changes

The Blackstone Group L.P. appointed Michael Chae to serve as its new CFO, following the resignation of Laurence Tosi who stepped down to take the same role at Airbnb Inc. Michael Chae will assume the CFO role on August 7. Currently, Chae is a senior managing director and head of international private equity at Blackstone. Tosi has served as CFO of Blackstone since 2008.

 

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BX

Industry Average

Valuation BX Industry Range
Price/Earnings 15.7x
Price/Sales 3.4x
Price/Book 3.2x
Price/Cash Flow 29.7x
TEV/Sales 3.5x
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