Nisa Investment Advisors LLC Lowers Stake in Blackstone Inc. $BX

Nisa Investment Advisors LLC trimmed its position in Blackstone Inc. (NYSE:BX) by 8.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 131,277 shares of the asset manager’s stock after selling 11,516 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Blackstone were worth $20,235,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. REAP Financial Group LLC purchased a new position in Blackstone in the third quarter valued at approximately $26,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Blackstone in the third quarter worth $30,000. Strive Asset Management LLC purchased a new position in shares of Blackstone in the 3rd quarter valued at $30,000. Kelleher Financial Advisors purchased a new stake in Blackstone during the 3rd quarter worth $34,000. Finally, Parvin Asset Management LLC acquired a new stake in Blackstone in the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of Blackstone stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the transaction, the insider directly owned 25,832 shares in the company, valued at approximately $90,670.32. This trade represents a 99.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The SEC filing for this sale provides additional information. Insiders own 1.00% of the company’s stock.

Trending Headlines about Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone announced the final close of a record $6.3 billion life‑sciences fund, highlighting strong fundraising execution and fee‑earning capacity — a clear driver for investor confidence and revenue visibility. Blackstone Announces Final Close of Record $6.3 Billion Life Sciences Fund – the Largest Private Fund Dedicated to Life Sciences
• Positive Sentiment: Regulatory news: a proposed U.S. Department of Labor rule to ease limits on alternatives in 401(k) plans could unlock a large addressable market for managers like Blackstone, supporting long‑term AUM growth prospects. Blackstone, Carlyle jumps as 401(k) rule opens $14T opportunity
• Positive Sentiment: Product expansion: Blackstone is launching a multi‑strategy hedge fund aimed at affluent clients, which could broaden distribution and fee pools if it attracts substantial flows. Market Chatter: Blackstone Launches Hedge Fund for Affluent Clients
• Neutral Sentiment: Liquidity / portfolio recycling: Blackstone sold its Fidere residential portfolio to Brookfield for ~$1.4 billion, which bolsters cash returns and redeployment capacity but is a one‑off exit. Blackstone sells Fidere residential portfolio to Brookfield for $1.4 billion
• Neutral Sentiment: Brand / PR move: Blackstone named top golfer Tommy Fleetwood as a global brand ambassador to boost retail/private‑wealth positioning — helpful for marketing but limited near‑term earnings impact. Blackstone Announces Top-Ranked Professional Golfer, Tommy Fleetwood, as Global Brand Ambassador
• Neutral Sentiment: Regional expansion play: A Blackstone‑backed consortium acquired an Indian cricket franchise, signaling continued deal activity in consumer/sports assets — strategically positive but modest for consolidated results. Blackstone-backed consortium acquires Indian cricket franchise
• Negative Sentiment: Valuation and sentiment headwinds: separate coverage highlights that BX is down ~30% year‑to‑date and ~28% over three months, raising valuation concerns despite recent revenue and net‑income growth — this continued multiple compression is a near‑term drag on sentiment. Blackstone (BX) Valuation Check After Steep Year To Date Share Price Pullback
• Neutral Sentiment: General market coverage: major outlets (e.g., CNN) continue to track BX newsflow and performance, which sustains visibility but doesn’t add a discrete catalyst. Blackstone Inc.

Blackstone Price Performance

Shares of NYSE BX opened at $114.68 on Wednesday. The business has a 50 day moving average price of $123.29 and a two-hundred day moving average price of $144.97. Blackstone Inc. has a fifty-two week low of $101.73 and a fifty-two week high of $190.09. The firm has a market cap of $85.11 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 0.89 and a beta of 1.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, beating the consensus estimate of $1.54 by $0.21. The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business’s revenue was up 41.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.69 EPS. Sell-side analysts expect that Blackstone Inc. will post 5.87 earnings per share for the current fiscal year.

Blackstone Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a $1.49 dividend. This is a boost from Blackstone’s previous quarterly dividend of $1.29. The ex-dividend date was Monday, February 9th. This represents a $5.96 dividend on an annualized basis and a dividend yield of 5.2%. Blackstone’s dividend payout ratio (DPR) is currently 153.61%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on BX shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Blackstone from $164.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Citizens Jmp reissued a “market outperform” rating and set a $195.00 price target on shares of Blackstone in a research report on Friday, January 30th. Rothschild & Co Redburn lowered their price objective on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a research note on Wednesday, January 21st. Finally, BNP Paribas Exane decreased their target price on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $164.00.

Blackstone Profile

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.