Blackstone (NYSE:BX) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Blackstone Inc. (NYSE:BX). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Blackstone stock on May 14th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/16/2025.
  • Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Impinj (NASDAQ:PI) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Corning (NYSE:GLW) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 5/14/2025.
  • Purchased $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 5/14/2025.
  • Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 5/14/2025.

Blackstone Price Performance

Shares of NYSE:BX opened at $144.10 on Wednesday. The company has a quick ratio of 0.71, a current ratio of 0.67 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average price of $137.50 and a 200 day moving average price of $161.16. Blackstone Inc. has a 52 week low of $115.66 and a 52 week high of $200.96. The company has a market cap of $105.14 billion, a P/E ratio of 39.70, a PEG ratio of 1.07 and a beta of 1.67.

Blackstone (NYSE:BXGet Free Report) last released its quarterly earnings data on Thursday, April 17th. The asset manager reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.13). Blackstone had a return on equity of 19.58% and a net margin of 20.99%. The business had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter in the previous year, the company posted $0.98 EPS. Research analysts predict that Blackstone Inc. will post 5.87 earnings per share for the current year.

Blackstone Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, April 28th were issued a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend was Monday, April 28th. Blackstone’s payout ratio is 112.05%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Citigroup cut their price target on Blackstone from $190.00 to $137.00 and set a “neutral” rating for the company in a report on Tuesday, April 8th. Morgan Stanley lowered their target price on Blackstone from $222.00 to $150.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company lowered their price objective on shares of Blackstone from $160.00 to $139.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 8th. UBS Group decreased their target price on shares of Blackstone from $180.00 to $175.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Finally, Bank of America lowered their price target on shares of Blackstone from $219.00 to $207.00 and set a “buy” rating on the stock in a report on Friday, April 4th. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $154.82.

Read Our Latest Analysis on Blackstone

Insider Transactions at Blackstone

In other Blackstone news, insider John G. Finley sold 25,000 shares of the firm’s stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $138.47, for a total value of $3,461,750.00. Following the completion of the sale, the insider now directly owns 475,336 shares in the company, valued at approximately $65,819,775.92. This trade represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Private Credit Stra Blackstone purchased 1,660,000 shares of Blackstone stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average cost of $15.00 per share, with a total value of $24,900,000.00. Following the transaction, the insider now owns 1,666,667 shares in the company, valued at $25,000,005. This trade represents a 24,898.76% increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.00% of the company’s stock.

Institutional Trading of Blackstone

A number of large investors have recently bought and sold shares of BX. Hager Investment Management Services LLC bought a new stake in shares of Blackstone during the fourth quarter worth $28,000. Centricity Wealth Management LLC acquired a new stake in Blackstone in the fourth quarter worth $30,000. Roxbury Financial LLC bought a new stake in shares of Blackstone in the fourth quarter worth about $34,000. 1248 Management LLC acquired a new position in shares of Blackstone in the first quarter valued at approximately $25,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Blackstone during the fourth quarter worth about $33,000. 70.00% of the stock is currently owned by institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Blackstone Company Profile

(Get Free Report)

Blackstone Inc is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Further Reading

Receive News & Ratings for Blackstone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackstone and related companies with MarketBeat.com's FREE daily email newsletter.