Blackstone Group LP (BX) Shareholder Fairview Capital Investment Management LLC Has Lifted Holding by $4.89 Million

The Blackstone Group Inc. (NYSE:BX) LogoInvestors sentiment decreased to 1.05 in Q1 2019. Its down 0.03, from 1.08 in 2018Q4. It is negative, as 38 investors sold BX shares while 157 reduced holdings. 62 funds opened positions while 143 raised stakes. 289.54 million shares or 5.09% less from 305.08 million shares in 2018Q4 were reported. Fosun Limited holds 43,250 shares. Private Ocean Lc, California-based fund reported 2,900 shares. Private Wealth Prtnrs Ltd Llc has 149,050 shares for 0.86% of their portfolio. Douglass Winthrop Advisors Ltd Liability Company invested in 0.01% or 9,800 shares. Thrivent For Lutherans has invested 0.19% of its portfolio in The Blackstone Group Inc. (NYSE:BX). Strategic Wealth Advsrs Grp Inc Ltd Company invested 0.1% of its portfolio in The Blackstone Group Inc. (NYSE:BX). Bailard Inc accumulated 7,990 shares. Moreover, Lowe Brockenbrough & has 0.05% invested in The Blackstone Group Inc. (NYSE:BX) for 9,882 shares. Gabelli Funds Ltd has invested 0.03% in The Blackstone Group Inc. (NYSE:BX). Beech Hill Incorporated owns 26,400 shares for 0.57% of their portfolio. Quinn Opportunity Partners Limited Liability Company owns 41,500 shares or 0.2% of their US portfolio. Hollencrest Cap Management holds 0.29% or 62,978 shares. Aviance Cap Partners Limited Liability Corp reported 27,892 shares. The Rhode Island-based Parsons Capital Management Ri has invested 0.12% in The Blackstone Group Inc. (NYSE:BX). Robeco Institutional Asset Mngmt Bv owns 425,000 shares for 0.05% of their portfolio.

Fairview Capital Investment Management Llc increased its stake in Blackstone Group Lp (BX) by 3.84% based on its latest 2019Q1 regulatory filing with the SEC. Fairview Capital Investment Management Llc bought 143,875 shares as the company’s stock rose 17.20% with the market. The hedge fund held 3.90 million shares of the investment managers company at the end of 2019Q1, valued at $136.22 million, up from 3.75M at the end of the previous reported quarter. Fairview Capital Investment Management Llc who had been investing in Blackstone Group Lp for a number of months, seems to be bullish on the $55.06 billion market cap company. The stock decreased 0.11% or $0.05 during the last trading session, reaching $46.02. About 3.64 million shares traded. The Blackstone Group Inc. (NYSE:BX) has risen 26.94% since July 14, 2018 and is uptrending. It has outperformed by 22.51% the S&P500.

Fairview Capital Investment Management Llc, which manages about $1.38B and $1.87B US Long portfolio, decreased its stake in Procter & Gamble (NYSE:PG) by 49,380 shares to 40,369 shares, valued at $4.20M in 2019Q1, according to the filing. It also reduced its holding in Cheniere Energy Partners Lp (NYSEMKT:CQP) by 93,925 shares in the quarter, leaving it with 786,311 shares, and cut its stake in Teleflex Inc (NYSE:TFX).

More notable recent The Blackstone Group Inc. (NYSE:BX) news were published by: Seekingalpha.com which released: “Blackstone in final stretch of raising largest ever PE fund – WSJ – Seeking Alpha” on June 18, 2019, also Finance.Yahoo.com with their article: “Does Blackstone’s Change to a C-Corp. Make It a Buy? – Yahoo Finance” published on May 09, 2019, Themiddlemarket.com published: “M&A wrap: Accordion, Blackstone, Legoland, HealthEquity, Lightyear, OTPP – Mergers & Acquisitions” on June 28, 2019. More interesting news about The Blackstone Group Inc. (NYSE:BX) were released by: Finance.Yahoo.com and their article: “StockBeat: Activists Chalk up Another Win With Merlin Buyout – Yahoo Finance” published on June 27, 2019 as well as Prnewswire.com‘s news article titled: “GridLiance Expands Executive Team with Appointment of Richard Evans as Senior Vice President of Capital Execution – PRNewswire” with publication date: July 08, 2019.

The Blackstone Group Inc. (NYSE:BX) Ratings Coverage

Among 2 analysts covering Blackstone Group (NYSE:BX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Blackstone Group had 9 analyst reports since February 22, 2019 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, June 5 by Morgan Stanley. The rating was maintained by Morgan Stanley on Tuesday, July 9 with “Overweight”. As per Monday, April 22, the company rating was maintained by Morgan Stanley. Oppenheimer initiated The Blackstone Group Inc. (NYSE:BX) on Friday, February 22 with “Buy” rating.

The Blackstone Group Inc. (NYSE:BX) Ratings Chart

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