Professional
Added to YB: 2024-04-30
Pitch date: 2024-03-31
BX [bullish]
Blackstone Inc.
+20.36%
current return
Author Info
No bio for this author
Company Info
Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Market Cap
$122.6B
Pitch Price
$125.61
Price Target
N/A
Dividend
2.52%
EV/EBITDA
N/A
P/E
45.01
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Baron Real Estate Income Fund Added On Portfolio Holding: Blackstone Inc.
BX: World's largest real estate manager with $1T AUM. Premier brand, global franchise, loyal customers, high insider ownership. Fast growing, asset-light, high cash flow margins, recurring revenue. Attractive dividend yield & buybacks. Early stages of penetrating $80T private wealth opportunity. Exceptional management with Schwarzman & Gray. Well-positioned for continued market share gains in secular growth of alternative assets.
Read full article (1 min)