Blackstone Group LP (Prn) (BX) Shareholder Willingdon Wealth Management Trimmed Holding as Share Value Declined; Enterprise Financial Services Raised Position in Dst Sys Del (DST)

November 15, 2017 - By Henry Gaston

Willingdon Wealth Management decreased its stake in Blackstone Group LP (Prn) (BX) by 32.27% based on its latest 2017Q2 regulatory filing with the SEC. Willingdon Wealth Management sold 25,313 shares as the company’s stock declined 1.16% while stock markets rallied. The institutional investor held 53,131 shares of the investment managers company at the end of 2017Q2, valued at $1.77 million, down from 78,444 at the end of the previous reported quarter. Willingdon Wealth Management who had been investing in Blackstone Group LP (Prn) for a number of months, seems to be less bullish one the $36.26 billion market cap company. The stock declined 3.21% or $1 reaching $30.2 per share. About 728,272 shares traded. Blackstone Group LP (NYSE:BX) has risen 20.49% since November 15, 2016 and is uptrending. It has outperformed by 3.79% the S&P500.

Enterprise Financial Services Corp increased its stake in Dst Sys Inc Del (DST) by 87.64% based on its latest 2017Q2 regulatory filing with the SEC. Enterprise Financial Services Corp bought 7,090 shares as the company’s stock rose 2.31% with the market. The institutional investor held 15,180 shares of the technology company at the end of 2017Q2, valued at $937,000, up from 8,090 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Dst Sys Inc Del for a number of months, seems to be bullish on the $3.55 billion market cap company. The stock declined 0.77% or $0.46 reaching $58.92 on the news. About 2,477 shares traded. DST Systems, Inc. (NYSE:DST) has risen 0.59% since November 15, 2016 and is uptrending. It has underperformed by 16.11% the S&P500.




Among 4 analysts covering DST Systems (NYSE:DST), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. DST Systems had 10 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by Robert W. Baird. The rating was upgraded by Zacks to “Sell” on Friday, August 14. The rating was maintained by Robert W. Baird on Thursday, August 31 with “Buy”. The firm has “Sell” rating by Zacks given on Friday, August 28. On Monday, October 23 the stock rating was maintained by Robert W. Baird with “Outperform”. The stock of DST Systems, Inc. (NYSE:DST) has “Outperform” rating given on Friday, January 29 by Robert W. Baird. Robert W. Baird maintained the shares of DST in report on Tuesday, October 10 with “Buy” rating. The firm has “Equal-Weight” rating given on Monday, October 23 by Morgan Stanley. The firm has “Buy” rating by Robert W. Baird given on Friday, October 20.

Enterprise Financial Services Corp, which manages about $200.39 million US Long portfolio, decreased its stake in Enterprise Financial Service (NASDAQ:EFSC) by 80,946 shares to 548,045 shares, valued at $22.36 million in 2017Q2, according to the filing.

More recent DST Systems, Inc. (NYSE:DST) news were published by: Seekingalpha.com which released: “DST Systems’ (DST) CEO Steve Hooley on Q3 2017 Results – Earnings Call Transcript” on October 20, 2017. Also Nasdaq.com published the news titled: “DST Systems (DST) Looks Promising: Should You Buy the Stock?” on October 25, 2017. Nasdaq.com‘s news article titled: “DST Systems (DST) Q3 Earnings & Revenues Beat Estimates” with publication date: October 23, 2017 was also an interesting one.

Investors sentiment increased to 6.41 in 2017 Q2. Its up 5.53, from 0.88 in 2017Q1. It improved, as 29 investors sold DST shares while 12 reduced holdings. 53 funds opened positions while 210 raised stakes. 102.71 million shares or 292.09% more from 26.20 million shares in 2017Q1 were reported. Manufacturers Life Insurance The reported 90,829 shares or 0.01% of all its holdings. State Treasurer State Of Michigan reported 25,500 shares. Renaissance Ltd Llc has invested 0.01% in DST Systems, Inc. (NYSE:DST). Balyasny Asset Mgmt Limited Co has 0% invested in DST Systems, Inc. (NYSE:DST). Ngam Advsr Ltd Partnership accumulated 78,121 shares. Fuller & Thaler Asset Mgmt Inc owns 0% invested in DST Systems, Inc. (NYSE:DST) for 400 shares. Swiss State Bank invested in 0.01% or 106,600 shares. Pacad Investment Ltd stated it has 0.09% of its portfolio in DST Systems, Inc. (NYSE:DST). Asset reported 3,998 shares or 0.01% of all its holdings. Boston Advsr holds 0.27% or 192,791 shares in its portfolio. Jefferies Group Inc Ltd Com holds 0.01% in DST Systems, Inc. (NYSE:DST) or 33,042 shares. Hsbc Holdg Public Limited Company reported 0.02% stake. Delaware-based Riverhead Mgmt Ltd has invested 0.04% in DST Systems, Inc. (NYSE:DST). The Virginia-based Quantitative Investment Mngmt Ltd Liability has invested 0.02% in DST Systems, Inc. (NYSE:DST). Amer has invested 0.03% in DST Systems, Inc. (NYSE:DST).

Since May 16, 2017, it had 1 insider purchase, and 1 sale for $1.19 million activity. Bryan Lowell L had bought 164 shares worth $19,911.

Analysts await Blackstone Group LP (NYSE:BX) to report earnings on January, 25. They expect $0.67 earnings per share, down 1.47% or $0.01 from last year’s $0.68 per share. BX’s profit will be $804.44 million for 11.27 P/E if the $0.67 EPS becomes a reality. After $0.69 actual earnings per share reported by Blackstone Group LP for the previous quarter, Wall Street now forecasts -2.90% negative EPS growth.

More notable recent Blackstone Group LP (NYSE:BX) news were published by: Gurufocus.com which released: “HMI Capital, LLC Buys Blackstone Group LP” on November 14, 2017, also Forbes.com with their article: “Blackstone Group Becomes Oversold” published on November 13, 2017, Bloomberg.com published: “Here’s Who Could Lead Blackstone Next” on October 26, 2017. More interesting news about Blackstone Group LP (NYSE:BX) were released by: Reuters.com and their article: “Blackstone buys China-based packager ShyaHsin in $800-900 million deal: sources” published on November 10, 2017 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: The Blackstone Group LP, 45.5% Follow-Through …” with publication date: October 19, 2017.

Willingdon Wealth Management, which manages about $239.04M and $251.82M US Long portfolio, upped its stake in Crown Castle Intl Corp New (Prn) (NYSE:CCI) by 29,169 shares to 60,889 shares, valued at $6.10M in 2017Q2, according to the filing. It also increased its holding in Medical Pptys Trust Inc (NYSE:MPW) by 191,683 shares in the quarter, for a total of 398,088 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

Among 18 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. The Blackstone Group L.P. had 55 analyst reports since August 9, 2015 according to SRatingsIntel. Morgan Stanley maintained Blackstone Group LP (NYSE:BX) on Monday, October 23 with “Overweight” rating. The firm has “Positive” rating given on Thursday, September 3 by Susquehanna. The rating was maintained by Morgan Stanley with “Outperform” on Tuesday, July 25. The rating was maintained by Barclays Capital on Tuesday, August 11 with “Overweight”. The stock has “Buy” rating by Deutsche Bank on Monday, August 17. As per Friday, January 8, the company rating was maintained by Deutsche Bank. The stock has “Neutral” rating by JP Morgan on Monday, November 23. Deutsche Bank maintained it with “Buy” rating and $43 target in Friday, September 18 report. The firm earned “Buy” rating on Wednesday, June 28 by Jefferies. Deutsche Bank maintained Blackstone Group LP (NYSE:BX) rating on Thursday, June 16. Deutsche Bank has “Hold” rating and $26 target.

Investors sentiment decreased to 1.64 in 2017 Q2. Its down 0.06, from 1.7 in 2017Q1. It turned negative, as 35 investors sold BX shares while 129 reduced holdings. 79 funds opened positions while 190 raised stakes. 283.35 million shares or 0.22% more from 282.74 million shares in 2017Q1 were reported. Centers Of America Incorporated invested in 0.08% or 31,430 shares. Lazard Asset Limited Company has 0% invested in Blackstone Group LP (NYSE:BX). Fred Alger Management Inc holds 1% of its portfolio in Blackstone Group LP (NYSE:BX) for 6.29 million shares. Pekin Singer Strauss Asset Mgmt Il holds 58,379 shares. Delta Asset Management Limited Liability Corp Tn invested in 0% or 115 shares. Fishman Jay A Limited Mi holds 0% or 539,169 shares. Polar Cap Limited Liability Partnership reported 249,993 shares. Wfg Advsrs LP reported 189,784 shares. Ameriprise Financial Inc reported 1.59M shares or 0.03% of all its holdings. Beck Mack & Oliver Limited Liability Company accumulated 3.40M shares or 3.82% of the stock. Segall Bryant And Hamill Limited Liability Corp accumulated 26,625 shares or 0.02% of the stock. 62,985 are owned by Pinnacle Prns Inc. 2,480 were accumulated by Wealthtrust. Archford Strategies Limited has invested 0.41% in Blackstone Group LP (NYSE:BX). Paradigm Financial Advsr Lc has 21,613 shares.

Since May 24, 2017, it had 0 buys, and 2 insider sales for $1.67 million activity. Solotar Joan sold $1.02 million worth of stock or 30,500 shares.

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