Blackstone Group LP | StockChase
81
Blackstone Group LP (BX-N)

Last Price Recorded: $31.9200 on 2018-05-26

ON STOCKCHASE SINCE Jun 2007

investment companies/funds
81
Blackstone Group LP (BX-N)

Last Price Recorded: $31.9200 on 2018-05-26

ON STOCKCHASE SINCE Jun 2007

investment companies/funds

Blackstone Group LP


Signal Opinion Expert
HOLD

Owns another company in this space. It's an alternative asset manager. They're raising money to make future investments. You want some stocks in alternative investment companies, but BX is volatile. If you own it, that's fine.

investment companies/funds

Owns another company in this space. It's an alternative asset manager. They're raising money to make future investments. You want some stocks in alternative investment companies, but BX is volatile. If you own it, that's fine.

investment companies/funds
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$31.640
Owned Owned
No

COMMENT
Blackstone Group LP(BX-N) 

April 27, 2018

The success of this will be driven by interest rates remaining reasonable and continued growth in the economy.  The MLP format changes will likely favour this one on balance. 

investment companies/funds

The success of this will be driven by interest rates remaining reasonable and continued growth in the economy.  The MLP format changes will likely favour this one on balance. 

investment companies/funds
David Dietze

Founder, Pres. & Chief Investment Strategist, Point View Wealth Ma...

PricePrice
$30.830
Owned Owned
No

PAST TOP PICK
Blackstone Group LP(BX-N) 

April 26, 2018

(A Top Pick March 8/17 -  Up 8%.)  The largest private equity company in the world. Has a great dividend yield. A great story. They are not a corporation therefore not on the S&P 500. With the tax changes there is rumors that they will become a corporation and be part of the index and would get a bump.

investment companies/funds

(A Top Pick March 8/17 -  Up 8%.)  The largest private equity company in the world. Has a great dividend yield. A great story. They are not a corporation therefore not on the S&P 500. With the tax changes there is rumors that they will become a corporation and be part of the index and would get a bump.

investment companies/funds
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Ma...

PricePrice
$31.510
Owned Owned
Yes

DON'T BUY
Blackstone Group LP(BX-N) 

March 27, 2018

He never liked this. It's too opaque. They may be a great money manager, but you don't know what they own. They don't disclose well. Yield above 10%.

investment companies/funds

He never liked this. It's too opaque. They may be a great money manager, but you don't know what they own. They don't disclose well. Yield above 10%.

investment companies/funds
John Zechner

Chairman, J. Zechner & Assoc...

PricePrice
$31.770
Owned Owned
Unknown

COMMENT
Blackstone Group LP(BX-N) 

March 19, 2018

People love the yield, around 8%. They've done well putting capital to work. A long-term story for 10 years, because that's the cycle they're investing in. He looks at private equity stocks in cycle terms. A Buffett-style holding. 

investment companies/funds

People love the yield, around 8%. They've done well putting capital to work. A long-term story for 10 years, because that's the cycle they're investing in. He looks at private equity stocks in cycle terms. A Buffett-style holding. 

investment companies/funds
Cameron Hurst

Chief Investment Officer, Equium Capital Manag...

PricePrice
$33.380
Owned Owned
Unknown

BUY on WEAKNESS
Blackstone Group LP(BX-N) 

March 14, 2018

He likes this stock and thinks the dividend is safe.  He loves the US financial space.  His model price is $54.56.  The yield is near 10%.

investment companies/funds

He likes this stock and thinks the dividend is safe.  He loves the US financial space.  His model price is $54.56.  The yield is near 10%.

investment companies/funds
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc....

PricePrice
$33.980
Owned Owned
Unknown

PAST TOP PICK
Blackstone Group LP(BX-N) 

March 12, 2018

(A Top Pick Feb.23, 2017, Up 23%) The largest private equity company in the world. With $100 billion on hand, they've made astute investments and now, as the markets rise, they can exit on them. (Structured like an LP, so not everyone can own it.) Trades cheaply. It may move into the S&P which will help them.

investment companies/funds

(A Top Pick Feb.23, 2017, Up 23%) The largest private equity company in the world. With $100 billion on hand, they've made astute investments and now, as the markets rise, they can exit on them. (Structured like an LP, so not everyone can own it.) Trades cheaply. It may move into the S&P which will help them.

investment companies/funds
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Ma...

PricePrice
$34.430
Owned Owned
Yes

COMMENT
Blackstone Group LP(BX-N) 

February 13, 2018

This company does private equity and is similar to Brookfield Asset Management, which is what she owns in Canada. They are the leader in their space. They are raising cash for new funds, which is usually a good time to get into a stock like this. She is considering buying but has not yet decided whether to buy it.

investment companies/funds

This company does private equity and is similar to Brookfield Asset Management, which is what she owns in Canada. They are the leader in their space. They are raising cash for new funds, which is usually a good time to get into a stock like this. She is considering buying but has not yet decided whether to buy it.

investment companies/funds
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$33.550
Owned Owned
No

PAST TOP PICK
Blackstone Group LP(BX-N) 

February 1, 2018

(A Top Pick January 16/17. Up 20.8%.) The largest private equity company in the world. Continue to do well. Numbers came out today and they were very good. Pays a high dividend yield of 6.5%. They have been very good at buying good companies when the market was difficult. The problem he sees is that the space is too crowded. The other aspect is that they get paid through carried interest, so they are not a corporation, so they are not in the S&P. If they convert to a corporation because of the tax changes, they could maybe be included in the S&P and get a valuation bump. He would hold it to the high 40s.

investment companies/funds

(A Top Pick January 16/17. Up 20.8%.) The largest private equity company in the world. Continue to do well. Numbers came out today and they were very good. Pays a high dividend yield of 6.5%. They have been very good at buying good companies when the market was difficult. The problem he sees is that the space is too crowded. The other aspect is that they get paid through carried interest, so they are not a corporation, so they are not in the S&P. If they convert to a corporation because of the tax changes, they could maybe be included in the S&P and get a valuation bump. He would hold it to the high 40s.

investment companies/funds
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Ma...

PricePrice
$36.350
Owned Owned
Yes

WEAK BUY
Blackstone Group LP(BX-N) 

January 25, 2018

It is a little bit rich.  He is into the sector through KKR-N.  The valuation is a bit better there and they have a nice yield.  As the M&A frenzy takes hold, the whole group will be better positioned.

investment companies/funds

It is a little bit rich.  He is into the sector through KKR-N.  The valuation is a bit better there and they have a nice yield.  As the M&A frenzy takes hold, the whole group will be better positioned.

investment companies/funds
Don Lato

President, Padlock Investment M...

PricePrice
$36.350
Owned Owned
No

TOP PICK
Blackstone Group LP(BX-N) 

January 12, 2018

This is sort of a quasi-financial name. Just announced they are acquiring Pure Industrial REIT (AAR.UN-T). They are really in the sweet spot of the cycle. All their underlying funds are doing well. There is a huge opportunity for them to grow their infrastructure fund. Dividend yield of 6.7%. (Analysts' price target is $40.)

investment companies/funds

This is sort of a quasi-financial name. Just announced they are acquiring Pure Industrial REIT (AAR.UN-T). They are really in the sweet spot of the cycle. All their underlying funds are doing well. There is a huge opportunity for them to grow their infrastructure fund. Dividend yield of 6.7%. (Analysts' price target is $40.)

investment companies/funds
Bryden Teich

Portfolio Manager, Avenue Investment Ma...

PricePrice
$35.390
Owned Owned
Yes

COMMENT
Blackstone Group LP(BX-N) 

December 13, 2017

This is really focused in private equity. He prefers to invest in companies that are in public securities. In 2000, when the stock market rolled over, investors slowly stopped investing in public markets and started making private equity investments because they weren't priced every day, and were not subject to the same kind of compliance and regulations that you were in public companies. In 2013, we began a new bull market in public market equities, so he would rather invest in companies that manage public market equities rather than private equities.

investment companies/funds

This is really focused in private equity. He prefers to invest in companies that are in public securities. In 2000, when the stock market rolled over, investors slowly stopped investing in public markets and started making private equity investments because they weren't priced every day, and were not subject to the same kind of compliance and regulations that you were in public companies. In 2013, we began a new bull market in public market equities, so he would rather invest in companies that manage public market equities rather than private equities.

investment companies/funds
David Burrows

President & Chief Investment Strategist, Barometer Capital Ma...

PricePrice
$31.990
Owned Owned
Unknown

BUY on WEAKNESS
Blackstone Group LP(BX-N) 

November 28, 2017

A very well-managed investment group, doing all kinds of different things. He’s a bit concerned about the impact of rising rates on them. Feels the dividend is secure. Higher prices were paid for a lot of their assets, and he wonders how that responds in a higher rising rate environment. Wouldn’t be a buyer here, but would wait for it to be 20% lower before considering it.

investment companies/funds

A very well-managed investment group, doing all kinds of different things. He’s a bit concerned about the impact of rising rates on them. Feels the dividend is secure. Higher prices were paid for a lot of their assets, and he wonders how that responds in a higher rising rate environment. Wouldn’t be a buyer here, but would wait for it to be 20% lower before considering it.

investment companies/funds
Lorne Steinberg

President & Portfolio Manager, Lorne Steinberg Weal...

PricePrice
$31.490
Owned Owned
No

COMMENT
Blackstone Group LP(BX-N) 

November 10, 2017

Has done well, but not sure this is the time in the cycle when you want to own a company that looks for opportunities in a quasi-distressed market. This is a limited partnership, and for Canadians owning Limited Partnerships, there are tax repercussions. Before going into a limited partnership, you should get tax advice.

investment companies/funds

Has done well, but not sure this is the time in the cycle when you want to own a company that looks for opportunities in a quasi-distressed market. This is a limited partnership, and for Canadians owning Limited Partnerships, there are tax repercussions. Before going into a limited partnership, you should get tax advice.

investment companies/funds
Gordon Reid

President, GoodReid Investment ...

PricePrice
$32.130
Owned Owned
Unknown

DON'T BUY
Blackstone Group LP(BX-N) 

November 7, 2017

An amazing time in the cycle to buy things like this. A little more hedged to equity focus in its mandate mix. As a result of their portfolio blend, you want to buy an asset manager when markets are doing well. However, when markets are going well, they are not necessarily going to shine, because they have unhedged equities, and returns aren't the "shoot the lights out" kind of returns. They are the "protect well" type of returns. There is never a sweet spot for something like this in your portfolio. Alternatively, private equity has a really robust cycle. There is 1) an investment cycle, 2) a waiting period while they are growing and 3) a harvesting period. This is not the time when he would necessarily be jumping onto this. You want to get into these when we have had a pretty tough cycle.

investment companies/funds

An amazing time in the cycle to buy things like this. A little more hedged to equity focus in its mandate mix. As a result of their portfolio blend, you want to buy an asset manager when markets are doing well. However, when markets are going well, they are not necessarily going to shine, because they have unhedged equities, and returns aren't the "shoot the lights out" kind of returns. They are the "protect well" type of returns. There is never a sweet spot for something like this in your portfolio. Alternatively, private equity has a really robust cycle. There is 1) an investment cycle, 2) a waiting period while they are growing and 3) a harvesting period. This is not the time when he would necessarily be jumping onto this. You want to get into these when we have had a pretty tough cycle.

investment companies/funds
Cameron Hurst

Chief Investment Officer, Equium Capital Manag...

PricePrice
$33.040
Owned Owned
No

Showing 1 to 15 of 81 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company