Central Bank & Trust Co Has Lowered Its Blackstone Group (BX) Stake; Evonik Industries AG (ETR:EVK) Covered By 9 Bullish Analysts Last Week

October 13, 2017 - By Linda Rogers

Among 22 analysts covering Evonik (ETR:EVK), 9 have Buy rating, 4 Sell and 9 Hold. Therefore 41% are positive. Evonik had 114 analyst reports since July 15, 2015 according to SRatingsIntel. Independent Research maintained the stock with “Hold” rating in Thursday, November 5 report. Bankhaus Lampe upgraded it to “Buy” rating and €40 target in Thursday, January 14 report. Citigroup upgraded Evonik Industries AG (ETR:EVK) on Wednesday, December 2 to “Buy” rating. The firm has “Buy” rating given on Saturday, February 11 by Commerzbank. Baader Wertpapierhandelsbank upgraded the shares of EVK in report on Tuesday, August 4 to “Buy” rating. The stock of Evonik Industries AG (ETR:EVK) earned “Outperform” rating by Bernstein on Saturday, December 10. The stock of Evonik Industries AG (ETR:EVK) earned “Hold” rating by Independent Research on Saturday, June 11. On Wednesday, October 19 the stock rating was upgraded by Hauck & Aufhäuser Privatbankiers KGaA to “Buy”. On Tuesday, August 9 the stock rating was maintained by JP Morgan with “Neutral”. The stock of Evonik Industries AG (ETR:EVK) earned “Buy” rating by Bankhaus Lampe on Saturday, October 3. See Evonik Industries AG (ETR:EVK) latest ratings:

Central Bank & Trust Co decreased Blackstone Group (BX) stake by 99.79% reported in 2017Q2 SEC filing. Central Bank & Trust Co sold 77,422 shares as Blackstone Group (BX)’s stock declined 1.16%. The Central Bank & Trust Co holds 163 shares with $5,000 value, down from 77,585 last quarter. Blackstone Group now has $39.54B valuation. It closed at $33 lastly. It is down 20.49% since October 13, 2016 and is uptrending. It has outperformed by 3.79% the S&P500.

Among 18 analysts covering The Blackstone Group L.P. (NYSE:BX), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. The Blackstone Group L.P. had 52 analyst reports since August 9, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 11 by Goldman Sachs. Jefferies maintained the stock with “Buy” rating in Friday, October 6 report. JMP Securities maintained Blackstone Group LP (NYSE:BX) on Thursday, July 20 with “Buy” rating. On Thursday, June 16 the stock rating was maintained by Deutsche Bank with “Hold”. The company was maintained on Tuesday, August 2 by Jefferies. The stock has “Buy” rating by Argus Research on Tuesday, October 27. Jefferies maintained Blackstone Group LP (NYSE:BX) rating on Wednesday, October 7. Jefferies has “Buy” rating and $40 target. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Outperform”. Citigroup upgraded the shares of BX in report on Monday, May 22 to “Buy” rating. The rating was maintained by Wood on Monday, July 11 with “Market Perform”.

Central Bank & Trust Co increased Nucor Corp (NYSE:NUE) stake by 7,109 shares to 49,109 valued at $2.84M in 2017Q2. It also upped Eog Res Inc (NYSE:EOG) stake by 3,492 shares and now owns 41,691 shares. Broadcom Ltd Shs was raised too.

Since May 24, 2017, it had 0 insider purchases, and 2 selling transactions for $1.67 million activity. $1.02M worth of Blackstone Group LP (NYSE:BX) was sold by Solotar Joan. The insider Finley John G sold 20,000 shares worth $650,600.

Investors sentiment decreased to 1.64 in 2017 Q2. Its down 0.06, from 1.7 in 2017Q1. It fall, 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. Wade G W And stated it has 37,607 shares. Plante Moran Limited Liability Corp owns 80 shares for 0% of their portfolio. Johnson Inv Counsel Inc stated it has 0.01% in Blackstone Group LP (NYSE:BX). Moneta Advisors Ltd Limited Liability Company reported 13,175 shares. The Ohio-based Huntington Financial Bank has invested 0% in Blackstone Group LP (NYSE:BX). Gardner Lewis Asset Mngmt LP reported 38,390 shares. Ls Inv Limited Liability Company holds 600 shares. Hodges Mngmt Inc has 10,756 shares. Tci Wealth Advisors owns 2,059 shares or 0.04% of their US portfolio. 683 Cap Mgmt Llc holds 0.98% or 200,000 shares. Pathstone Family Office Lc has invested 0.04% in Blackstone Group LP (NYSE:BX). Riverpark Capital Management Lc invested 4.83% of its portfolio in Blackstone Group LP (NYSE:BX). Bryn Mawr Tru invested 0.02% of its portfolio in Blackstone Group LP (NYSE:BX). Synovus, Georgia-based fund reported 17,354 shares. Private Advisor Gp Limited Liability Corporation owns 172,381 shares.

Analysts await Blackstone Group LP (NYSE:BX) to report earnings on October, 26. They expect $0.65 EPS, up 14.04% or $0.08 from last year’s $0.57 per share. BX’s profit will be $778.82 million for 12.69 P/E if the $0.65 EPS becomes a reality. After $0.59 actual EPS reported by Blackstone Group LP for the previous quarter, Wall Street now forecasts 10.17% EPS growth.

About 149,040 shares traded. Evonik Industries AG (ETR:EVK) has risen 55.88% since October 13, 2016 and is uptrending. It has outperformed by 39.18% the S&P500.

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