- "We expect Blackstone (BX +0.3%) to begin to monetize its position over the near term," says Wells Fargo analyst Jeffrey Donnelly, noting the lockup period following Hilton Worldwide's (HLT -0.2%) IPO expires today. Blackstone and other Hilton insiders own about 84% of the company and are now eligible to sell one-third of their holdings (the rest gets unlocked over the next 6 months).
- "With Hilton management expecting to announce its plans for the WaldorfAstoria Hotel by year end, and values for the project cited by others as high as $4B (which we do not believe to be realistic), we could see Blackstone selling into the year-end announcement."
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at Benzinga.com (Fri, 9:16AM)
at MarketWatch.com (Wed, 10:39AM)
at Nasdaq.com (Feb 4, 2015)
at Investor's Business Daily (Jan 30, 2015)
at Investor's Business Daily (Jan 29, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs