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Atlantic Trust Group LLC Boosts Stake in Blackstone Group LP (NYSE:BX)

14 January 2018

The Mycio Wealth Partners Llc holds 35,477 shares with $1.18 million value, up from 24,427 last quarter. During the same quarter in the prior year, the business posted $0.57 EPS. analysts predict that Blackstone Group LP will post 2.8 EPS for the current year. The stock decreased 0.26% or $0.06 during the last trading session, reaching $23.28. In the investment work, traders and investors are still found of using the moving average to determine and analyze technical signs. Laboratory Corp Of Amer (NYSE:LH) was reduced too. It has underperformed by 4.68% the S&P500. Chicago Partners Investment Group LLC now owns 149,350 shares of the asset manager's stock worth $4,984,000 after acquiring an additional 72,620 shares in the last quarter. Qci Asset Mngmt Inc New York holds 0% in The Blackstone Group L.P. (NYSE:BX) or 1,000 shares. The shares were sold at an average price of $32.00, for a total value of $25,600.00. The Blackstone Group L.P. has $49 highest and $26 lowest target.

Shares of Blackstone Group (BX) traded up $0.86 during midday trading on Friday, hitting $35.39. About 3.04 million shares traded or 20.24% up from the average. The stock of The Blackstone Group L.P. (NYSE:BX) has "Buy" rating given on Friday, April 28 by Jefferies. The company??s platform includes endpoint integrated circuits product, a miniature radios-on-a-chip that attach-to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Therefore 50% are positive. Icon plc had 32 analyst reports since July 29, 2015 according to SRatingsIntel. Goldman Sachs downgraded Concho Resources Inc. The firm has "Outperform" rating given on Tuesday, January 26 by RBC Capital Markets. The rating was maintained by KeyBanc Capital Markets with "Hold" on Wednesday, August 23. The rating was maintained by Deutsche Bank with "Buy" on Tuesday, February 9. As per Tuesday, August 8, the company rating was maintained by Barclays Capital. On Thursday, November 2 the stock rating was maintained by Morgan Stanley with "Equal-Weight". See Canaccord Genuity Group Inc.

Investors sentiment decreased to 1.24 in Q3 2017. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.05 and a current ratio of 1.05. It worsened, as 29 investors sold BX shares while 155 reduced holdings.

Other hedge funds have also made changes to their positions in the company. 272.94 million shares or 3.67% less from 283.35 million shares in 2017Q2 were reported. Barrett Asset Management Limited Liability Company reported 0.38% stake. The stock of The Blackstone Group L.P. (NYSE:BX) has "Buy" rating given on Thursday, October 19 by Keefe Bruyette & Woods. Peapack Gladstone accumulated 0.09% or 48,509 shares. Analysts expect that Blackstone Group L.P. will post $1.96 earnings per share for the current fiscal year. Honeywell International Inc. now owns 1,019,400 shares of the asset manager's stock worth $34,017,000 after buying an additional 275,400 shares in the last quarter. Blackstone Group L.P. accounts for approximately 1.8% of Bourgeon Capital Management LLC's holdings, making the stock its 28th largest position. Private Capital Advisors Inc who had been investing in Blackstone Group Lp/The for a number of months, seems to be less bullish one the $40.99 billion market cap company. Highlander Cap Management Limited Liability Company has invested 0.82% of its portfolio in The Blackstone Group L.P. (NYSE:BX). Cambridge Inv Advsrs Inc reported 0.07% stake. Finally, Zacks Investment Research raised Blackstone Group from a "sell" rating to a "hold" rating in a research note on Monday, October 2nd. Mufg Americas Holdings reported 209,796 shares. Brown Advisory Secs Limited Com reported 9,116 shares or 0.07% of all its holdings. Beach Mngmt Ltd Liability Corporation invested in 1.3% or 22,410 shares.

Among 19 analysts covering The Blackstone Group L.P. Zacks Investment Research upgraded shares of Blackstone Group from a "sell" rating to a "hold" rating in a research report on Monday, October 2nd. Therefore 83% are positive. Finally, Wagner Bowman Management Corp increased its position in Blackstone Group L.P.by 9.4% in the third quarter. Credit Suisse Group reduced their target price on shares of Blackstone Group from $46.00 to $45.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 30th. The rating was maintained by Deutsche Bank with "Hold" on Thursday, June 16. The company was upgraded on Monday, May 22 by Citigroup.

On Friday, December 28th, Group L.P. Blackstone bought 228,535 shares of Blackstone Group stock. Piper Jaffray maintained the shares of CXO in report on Tuesday, January 9 with "Buy" rating. Centers Of America has 0.05% invested in The Blackstone Group L.P. (NYSE:BX) for 22,241 shares.