Analysts See $0.11 EPS for EchoStar (SATS); Blackstone Group LP (BX) Sentiment Is 1.24

February 21, 2018 - By Darrin Black

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The company has market cap of $40.56 billion. The firm also provides financial advisory services to its clients. It has a 15.46 P/E ratio. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations, retirees, sovereign wealth funds, and institutional and individual investors.

Analysts expect EchoStar Corporation (NASDAQ:SATS) to report $0.11 EPS on February, 22 before the open.They anticipate $0.29 EPS change or 72.50% from last quarter’s $0.4 EPS. SATS’s profit would be $10.53 million giving it 135.32 P/E if the $0.11 EPS is correct. After having $0.36 EPS previously, EchoStar Corporation’s analysts see -69.44% EPS growth. The stock decreased 0.40% or $0.24 during the last trading session, reaching $59.54. About 160,700 shares traded or 25.21% up from the average. EchoStar Corporation (NASDAQ:SATS) has risen 47.96% since February 21, 2017 and is uptrending. It has outperformed by 31.26% the S&P500.

Analysts await The Blackstone Group L.P. (NYSE:BX) to report earnings on April, 19. They expect $0.77 earnings per share, down 6.10% or $0.05 from last year’s $0.82 per share. BX’s profit will be $913.99 million for 11.09 P/E if the $0.77 EPS becomes a reality. After $0.71 actual earnings per share reported by The Blackstone Group L.P. for the previous quarter, Wall Street now forecasts 8.45% EPS growth.

The stock decreased 0.99% or $0.34 during the last trading session, reaching $34.17. About 5.83 million shares traded or 14.36% up from the average. The Blackstone Group L.P. (BX) has risen 20.49% since February 21, 2017 and is uptrending. It has outperformed by 3.79% the S&P500.

Since January 1, 0001, it had 0 buys, and 1 sale for $632,896 activity.

Walnut Private Equity Partners Llc holds 15.98% of its portfolio in The Blackstone Group L.P. for 596,819 shares. Toscafund Asset Management Llp owns 745,000 shares or 14.12% of their US portfolio. Moreover, Hmi Capital Llc has 9.85% invested in the company for 2.14 million shares. The Switzerland-based Gvo Asset Management Ltd has invested 9.01% in the stock. Southport Management L.L.C., a Wyoming-based fund reported 85,000 shares.

Among 2 analysts covering Echostar (NASDAQ:SATS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Echostar had 4 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of EchoStar Corporation (NASDAQ:SATS) earned “Buy” rating by Citigroup on Wednesday, August 17. Zacks upgraded the stock to “Strong Sell” rating in Wednesday, August 12 report. Jefferies maintained the stock with “Hold” rating in Friday, December 1 report.

Since August 30, 2017, it had 0 insider purchases, and 4 selling transactions for $1.04 million activity. Another trade for 1,800 shares valued at $111,806 was sold by DUGAN MICHAEL T. Johnson Anders N sold $418,556 worth of stock or 7,128 shares. RAYNER DAVID sold $292,500 worth of stock or 5,000 shares.

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