New Jersey Resources (NJR) Senior VP and CFO Patrick Migliaccio, Sold $99,222 in Stock; 15 Bullish Analysts Covering The Blackstone Group L.P. (BX)

Among 19 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. The Blackstone Group L.P. had 62 analyst reports since August 9, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Tuesday, August 9. The stock has “Buy” rating by Deutsche Bank on Tuesday, February 9. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, October 19. As per Friday, January 12, the company rating was upgraded by JP Morgan. Argus Research maintained The Blackstone Group L.P. (NYSE:BX) on Tuesday, October 27 with “Buy” rating. The rating was upgraded by Oppenheimer to “Outperform” on Friday, October 16. RBC Capital Markets maintained it with “Outperform” rating and $38 target in Tuesday, January 26 report. The stock has “Buy” rating by Citigroup on Monday, May 22. The company was maintained on Tuesday, August 11 by Barclays Capital. The firm has “Outperform” rating given on Thursday, October 22 by RBC Capital Markets. See The Blackstone Group L.P. (NYSE:BX) latest ratings:

06/02/2018 Broker: J.P. Morgan Rating: Hold Downgrade
06/02/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
01/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $42.0 Maintain
31/01/2018 Broker: Morgan Stanley Rating: Buy New Target: $40.0
12/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
12/01/2018 Broker: J.P. Morgan Rating: Buy New Target: $46.0 Upgrade
10/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $39.0 Maintain
23/10/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $40 New Target: $40 Maintain
19/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $38.0 Maintain
20/10/2017 Broker: Bank of America Rating: Buy Old Target: $38 New Target: $40 Maintain

Judging by the stocks unload Patrick Migliaccio made he is in the insider trades focus today. The Senior VP and CFO of New Jersey Resources Corp and an insider, sold 2,618 shares worth $99,222 U.S. Dollars. The average price was $37.9 per share. This significant transaction occurred on 16-02-2018 and was submitted with the DC-based SEC. The source document is available for public review here. The probability of this trade remaining unseen is extremely low, with the Senior VP and CFO presently possessing 21,042 shares —- that is 0.02% of the market cap of New Jersey Resources Corp.

Since December 13, 2017, it had 0 insider purchases, and 1 sale for $632,896 activity. Finley John G also sold $632,896 worth of The Blackstone Group L.P. (NYSE:BX) shares.

Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.40, from 1.64 in 2017Q2. It worsened, as 29 investors sold The Blackstone Group L.P. shares while 155 reduced holdings. 52 funds opened positions while 177 raised stakes. 272.94 million shares or 3.67% less from 283.35 million shares in 2017Q2 were reported. Ls Investment Advisors Limited Co reported 0% of its portfolio in The Blackstone Group L.P. (NYSE:BX). Baldwin Invest Mgmt Limited has invested 0.14% in The Blackstone Group L.P. (NYSE:BX). Utd Asset Strategies Inc has 0.12% invested in The Blackstone Group L.P. (NYSE:BX). Narwhal Cap Mngmt owns 103,755 shares. North Star Asset Mngmt Incorporated holds 0.03% or 10,000 shares. Lombard Odier Asset (Switzerland) Sa invested in 200,000 shares or 0.65% of the stock. Massachusetts Fincl Ser Ma has invested 0.19% in The Blackstone Group L.P. (NYSE:BX). Moreover, Koch Industries has 0.21% invested in The Blackstone Group L.P. (NYSE:BX). Amer Bank & Trust has invested 0% in The Blackstone Group L.P. (NYSE:BX). Hap Trading Limited Company accumulated 89,555 shares. Banque Pictet And Cie accumulated 50,000 shares. Vantage Invest Partners Limited Com stated it has 1.75% in The Blackstone Group L.P. (NYSE:BX). Epoch Inv Prtnrs Incorporated, a New York-based fund reported 22,563 shares. Private Wealth Prtnrs Llc holds 1.42% in The Blackstone Group L.P. (NYSE:BX) or 210,950 shares. Bancshares Of Nova Scotia Trust accumulated 60 shares or 0% of the stock.

The Blackstone Group L.P. is a publicly owned hedge fund sponsor. The company has market cap of $41.29 billion. The firm also provides financial advisory services to its clients. It has a 15.74 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.

The stock increased 0.39% or $0.13 during the last trading session, reaching $34.78. About 1.27M shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 20.49% since February 16, 2017 and is uptrending. It has outperformed by 3.79% the S&P500.

The stock increased 1.49% or $0.57 during the last trading session, reaching $39.22. About 163,614 shares traded. New Jersey Resources Corporation (NYSE:NJR) has risen 17.31% since February 16, 2017 and is uptrending. It has outperformed by 0.61% the S&P500.

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company has market cap of $3.44 billion. The firm operates through Natural Gas Distribution, Clean Energy Ventures, Energy Services, Midstream, and Home Services and Other divisions. It has a 15.44 P/E ratio. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 521,200 residential and commercial clients in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets.

Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.17, from 1.45 in 2017Q2. It dived, as 19 investors sold New Jersey Resources Corporation shares while 56 reduced holdings. 30 funds opened positions while 66 raised stakes. 54.44 million shares or 0.16% less from 54.53 million shares in 2017Q2 were reported. Goldman Sachs Group holds 2.50 million shares. Meeder Asset Mgmt holds 0.02% of its portfolio in New Jersey Resources Corporation (NYSE:NJR) for 4,398 shares. Schwab Charles Investment owns 555,323 shares. Ameriprise Financial holds 0.03% of its portfolio in New Jersey Resources Corporation (NYSE:NJR) for 1.29M shares. Gemmer Asset Management Ltd Com stated it has 0% of its portfolio in New Jersey Resources Corporation (NYSE:NJR). Sei Investments Co reported 0% stake. Supplemental Annuity Collective Trust Of Nj reported 27,132 shares. Segall Bryant & Hamill Lc, a Illinois-based fund reported 112,841 shares. Cubist Systematic Strategies Limited holds 0.02% of its portfolio in New Jersey Resources Corporation (NYSE:NJR) for 9,237 shares. Robecosam Ag holds 150,000 shares or 0.49% of its portfolio. Bnp Paribas Arbitrage reported 43,133 shares. National Bank Of America Corporation De accumulated 249,752 shares. Evercore Wealth Management Limited Liability Co invested in 900 shares or 0% of the stock. Aqr Capital Mgmt Limited Liability Corporation holds 0% of its portfolio in New Jersey Resources Corporation (NYSE:NJR) for 10,584 shares. Victory Capital Mgmt Incorporated holds 0.06% or 598,524 shares in its portfolio.

Among 8 analysts covering New Jersey Resources Corp (NYSE:NJR), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. New Jersey Resources Corp has $49 highest and $31 lowest target. $38.42’s average target is -2.04% below currents $39.22 stock price. New Jersey Resources Corp had 13 analyst reports since August 18, 2015 according to SRatingsIntel. Argus Research maintained New Jersey Resources Corporation (NYSE:NJR) on Monday, August 28 with “Buy” rating. BB&T Capital initiated the stock with “Hold” rating in Wednesday, March 30 report. As per Monday, September 7, the company rating was upgraded by Zacks. The stock of New Jersey Resources Corporation (NYSE:NJR) has “Market Perform” rating given on Wednesday, January 6 by Wells Fargo. The stock of New Jersey Resources Corporation (NYSE:NJR) earned “Hold” rating by Zacks on Friday, September 4. The stock has “Buy” rating by Argus Research on Monday, January 4. The rating was maintained by Bank of America on Wednesday, August 23 with “Underperform”. The rating was upgraded by Janney Capital on Wednesday, November 22 to “Buy”. Ladenburg Thalmann initiated New Jersey Resources Corporation (NYSE:NJR) rating on Wednesday, January 13. Ladenburg Thalmann has “Neutral” rating and $33.50 target. On Tuesday, August 18 the stock rating was downgraded by Zacks to “Buy”.