Wall Street Slashes NVDA Holdings
The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
About The Blackstone Group Inc
The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant minority investments in operating companies and greenfield development projects in energy and power, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. The Blackstone Group Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.
General
| Name | The Blackstone Group Inc |
| Ticker | BX |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Asset Management |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 3,165 |
Highlights
| Analyst Target | 74.53 |
| Market Cap | 51,407,564,800 |
| PE Ratio | 51.37 |
| PEG Ratio | 0.62 |
Share Stats
| Shares Outstanding | 674,006,016 |
| Shares Float | 659,301,765 |
| Shares Short | 6,590,393 |
| Insider Holdings | 70% |
| Institution Holdings | 63.63% |
Highlights
| Analyst Target | 74.53 |
| Market Cap | 51,407,564,800 |
| PE Ratio | 51.37 |
| PEG Ratio | 0.62 |
Valuation
| Trailing PE | 48.69 |
| Forward PE | 24.63 |
| Price/Sales (Trailing 12 Mt.) | 8.89 |
| Price/Book (Most Recent Quarter) | 8.05 |
Dividend
The Blackstone Group Inc pays out a dividend of $2.26 per share, with a dividend yield of 2.36%.
BX's last dividend payment was made to shareholders on February 16, 2021.
They pay out 85.28% of their earnings out as a dividend.
Recent Dividends
| Aug 5, 2024 | $0.82 |
| May 6, 2024 | $0.83 |
| Feb 12, 2024 | $0.94 |
| Nov 6, 2023 | $0.80 |
| Aug 7, 2023 | $0.79 |
| May 8, 2023 | $0.82 |
| Feb 13, 2023 | $0.91 |
| Nov 7, 2022 | $0.90 |
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