Large Outflow of Money Witnessed in The Blackstone Group L.P.

The Blackstone Group L.P. (BX) : The value of composite uptick trades was $6.27 million, whereas, the value of composite downtick trades was $22.93 million. The uptick to downtick ratio stood at 0.27 with a negative money flow of ($16.66) Million during Tuesdays trading session. The block trades money flow was negative ($16.59 million).The uptick to the downtick ratio of 0.09 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.66 million. The transaction of the trades on downticks amounted to $18.25 million, which confirms investors selling on the strength of price. The Blackstone Group L.P. (BX) gained 34 cents at $24.44, an increase of 1.4% over the previous days close.


The company Insiders own 1% of The Blackstone Group L.P. shares according to the proxy statements. Institutional Investors own 48.37% of The Blackstone Group L.P. shares. During last six month period, the net percent change held by insiders has seen a change of -35.06%. In an insider trading activity,The director of Blackstone Group L.P., Goodman Bennett J sold 342,916 shares at $26.31 on February 19, 2016. The Insider selling transaction had a total value worth of $9,022,120. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of The Blackstone Group L.P. appreciated by 5.68% during the last five trading days but lost 5.75% on a 4-week basis. The Blackstone Group L.P. has dropped 8.68% during the last 3-month period . Year-to-Date the stock performance stands at -13.15%.

The Blackstone Group L.P. (NYSE:BX): stock turned positive on Tuesday. Though the stock opened at $24.37, the bulls momentum made the stock top out at $24.91 level for the day. The stock recorded a low of $24.2001 and closed the trading day at $24.57, in the green by 1.95%. The total traded volume for the day was 7,021,378. The stock had closed at $24.1 in the previous days trading.

The Blackstone Group L.P. is a global alternative asset manager. The Companys alternative asset management businesses include investment vehicles focused on private equity, real estate, hedge fund solutions, non-investment grade credit, secondary funds and multi-asset class exposures falling outside of other funds mandates. The Companys segments include Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Companys Private Equity segment focuses on identifying, managing and creating lasting value for its investors. The Company manages a number of global, European and Asian focused opportunistic real estate funds, several real estate debt investment funds, a real estate investment trust (BXMT). The Companys Hedge Fund Solutions group consists of Blackstone Alternative Asset Management (BAAM). Its credit business consists of GSO Capital Partners LP (GSO). It is a participant in the leveraged finance markets.

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