US Bancorp DE boosts Blackstone holdings, firm reports strong Q4 and raises dividend, analysts mixed.
US Bancorp DE increased its holdings in Blackstone Inc. by 1.5%, owning 154,429 shares, while other investors made changes to their positions. Blackstone reported a strong Q4 with earnings per share of $1.69, beating estimates and announced a quarterly dividend of $1.44, yielding 3.58%. Despite a high dividend payout ratio, analysts have mixed views on the stock, giving it an average "Hold" rating with a target price of $172.38.
6 weeks ago
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