Marshall Wace LLP made a significant investment in
Blackstone Inc, taking a $12.96 million stake in the company. Other movements include significant shares amounts held or sold by
Marjorie Taylor Greene,
Tenere Capital LLC,
Bridgewater Associates LP, and
First Trust Advisors LP, among others. Blackstone is also involved in major property portfolios, lending $368 million for a luxury Oslo property portfolio and purchasing a prime Texas industrial portfolio in a massive $718M deal. However, opinions on the firm's future are mixed. Despite
Argus cutting the target price for Blackstone, their long-term outlook remains positive. Some analysts are bullish on Blackstone for 2025, while others anticipate a plunge. The firm also has ambitious plans in biotech, having hired a former Pfizer scientist. Q1 earnings and revenues reportedly surpassed estimates, and some price target adjustments were made. There seems to be anticipation for the next quarterly earnings report, some expecting good results, and others predicting a revenue estimate slash. However, Blackstone seems to have missed its earnings estimates by $0.13 EPS according to its latest earnings results statement, though a surge of 14.4% in the company has been observed as well.
Blackstone BX News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 26 Apr 2025 19:35:30 GMT -
Rating 5
- Innovation -4
- Information 7
- Rumor -2
