Analysts are pondering The Blackstone Group Inc. (BX) and YY Inc. (YY)’s stocks to change the fate of investors

On Sep 20, Blackstone Holdings III L.P., 10% Owner sold 9,129,966 shares of The Blackstone Group Inc. (NYSE:BX), with the average selling price of the stock being $32.75 per share. The total amount realized from this sold $299,006,387. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, SMD, Head of Global PWS – Solotar Joan sold an extra 25,000 shares of this stock in a transaction that took place a day before, on Sep 13, with a share sold at an average of $53.83 and a total of $1,345,750 was realized from this transaction. After the transaction, the SMD, Head of Global PWS – Solotar Joan was left with 235,803 shares of the company’s stock, which is currently worth around $12693275.49.

The recent price movement of BX means that it is now down by -14.65% from its 52-week high and 75.19% up against its 52-week low prices. Over the past one week, the price volatility of BX stands at 1.99% while the volatility over the past one month is 2.81%. The beta score for this stock is 1.44. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company published its latest quarterly earnings, with the report showing that the company recorded 0.76 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.74 by 0.02. The revenue by the firm was 1.36B for the quarter.

The shares of The Blackstone Group Inc. (BX) gained by 1.27%, leading to a gain of $0.59 per share, and saw BX end the trading session at $47.09 on Tuesday 10/15/19. BX started the trading session at $46.84, before reaching a daily high of $47.31. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $46.28.

The trading volume on Tuesday stood at 4081544, which was below the stock’s 3-month average volume of 7.31 million shares, out of a total 1.17B shares. As the price of the stock climbed, the market valuation of the company gained to 55.16 billion.

The shares of YY Inc. (NASDAQ:YY) went up by 2.56% by the end of the recent trading session. This movement saw its price surge to close at $58.20, which was higher than the previous closing price of $56.75. Over the past one week, the price of YY has jumped by 5.78%, while it has recorded a loss of -5.61% over the past one month. Its three-month performance saw YY lose -12.42% while its six-month performance saw it drop by -32.76%. The situation is different though over the past one year, as the stock price went down by -20.30%, while its year-to-date (YTD) price performance slipped by -2.77%. The stock price has gone up by +14.12% compared to its 90-day low, while it is down -14.70% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 993,150 shares, with the short-term indicators averagely rating the stock as a 50% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,038,300 shares and the indicators have an average rating of 50% Sell. The last indicators, the long-term see YY stock with a 100-Day average volume of 1,110,536 shares, giving it an average rating of 100% Sell. A look at the general picture of all short, medium and long-term indicators leaves YY with an average rating of 72% Sell.

Several brokerage firms sent out their reports YY stock not long ago. In its report sent out on September 20, 2019, UBS lowered its ratings on YY from a Neutral to a Buy. In an earlier report on August 05, 2019, Jefferies Initiated the stock to a Buy. Nomura meanwhile in its report on May 29, 2019 Upgrade its rating of the stock from a “Buy” to “Buy”.

In related news to the company’s stock, around 68.20% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 289 institutions currently hold the YY stock. In the last quarter, a 41,104,090 YY shares were in the possession of institutions. On the other hand, the company recorded 38 new institutions who bought it their stock, while 44 institutions sold their entire YY reserve. Of the current institutions investing in the stock, 120 increased their investment while 128 decreased their investment in the stock.