Private Capital Advisors, a New York-based independent investment adviser, obtained 148,678 additional shares in Blackstone Group LP in the course of the current quarter end, according to the recent disclosure report filed with the SEC. The prestigious firm now possesses a sum of 329,760 shares of Blackstone Group LP which is estimated to be at $7,788,931. As a matter of fact, Blackstone Group LP represents almost 2.83% of Private Capital Advisors’ portfolio.
However, Windslow Evans Crocker, another hedge fund, has cut back its stake in BX by selling out 400 shares or 10.53% in the current quarter. Now the hedge fund holds 3,400 shares of BX which is valued approximately $80,308. In this case, Blackstone Group LP represents around 0.02% of Windslow Evans Crocker’s portfolio.
Edge Wealth Management raised its stake in BX in the most recent quarter, adding up 350 additional shares. It now holds a total of 1,350 shares of Blackstone Group LP which is known to be valued at $32,184. Similarly, Baltimore-Washington Financial Advisors have enhanced their stake in BX in the latest quarter, by adding up 4,472 additional shares & now holding a total of 248,755 shares of Blackstone Group LP which is known to be valued at $6,044,747.
As per the company’s financial wealth, BX has reported to have around $0.44 EPS for the quarter, defeating the analyst consensus evaluated by $0.05 according to the earnings till July, 2016.
The Blackstone Group L.P is a New York city-based private equity & asset management firm. It has other businesses including investment banking & financial services among others.