Blackstone's (BX) share performance and financial activities have attracted attention and evoked mixed reactions. The alternative asset management company received a rating upgrade by
UBS, triggering increased stake acquisitions by various entities such as
Whittier Trust Co. of Nevada and
Envestnet Portfolio Solutions. However, some entities reduced their stakes, like
Blueshift Asset Management and
Commonwealth of Pennsylvania Public School Empls Retrmt SYS. Despite some concerns about Blackstone's performance in
2025, its stock rallied on the back of analyst upgrades and bold strategy moves such as eyeing an
Indian Residential Sector stake and launching a
$453B credit platform for individual investors. Still, it exited a Haldiram's deal due to a valuation dispute and sold US$14m in stock, hinting at a potential weakness. However, Blackstone responded with an aggressive acquisition trail, a renewed interest in America's waterfront real estate, and a rebranding of its $3B music rights business. Moreover, its Q4 earnings beat estimates, ended 2024 on a high, and announced
SEC effectiveness for a private multi-asset credit and income fund.
Blackstone BX News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 22 Mar 2025 10:12:30 GMT -
Rating 7
- Innovation 6
- Information 5
- Rumor 2
