Blackstone is actively undergoing investment modifications, seeing both increase and decrease in holdings by firms such as Leavell Investment Management, Greenleaf Trust, Banque Pictet, and Evercore ISI. The company has engaged in significant transactions including a $1.3 Billion Cvent stake acquisition from Vista, and the $200 M purchase of Sunseeker Resort Charlotte Harbor. It is also exploring options such as joint bids for French telecom firm SFR and other acquisitions in India and French Telecom sector.
Forecast revisions have been noted, with Citigroup and Barclay's raising their price target for Blackstone to $160 and $168 respectively. Interestingly, Blackstone has committed to high-value investments in the real estate, from $2 Billion in Commercial Mortgage-Backed Loans to a strategic investment in a Sunseeker resort. In the capital markets, Blackstone formed a strategic partnership with L&G, aiming to enhance growth.
Meanwhile, financial institutions like Bank of New York Mellon Corp and Texas Teacher Retirement System show high confidence in Blackstone with significant stock holdings and new share acquisitions. Amidst these activities, Blackstone's first-quarter earnings were released, projecting a positive outlook for the firm.
Blackstone BX News Analytics from Fri, 07 Mar 2025 08:00:00 GMT to Sat, 12 Jul 2025 22:24:58 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 2
