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flag BlackRock and Blackstone reported strong earnings, adjusted dividends, yet Sawgrass reduced its BlackRock holdings.

flag Investment firm Sawgrass Asset Management LLC reduced its holdings of BlackRock, Inc. shares, while other firms also adjusted their positions. flag BlackRock reported better-than-expected earnings and revenue for the quarter, with a boost in its quarterly dividend. flag Similarly, Blackstone Inc. saw increased institutional investment and reported earnings above analyst estimates. flag Blackstone also raised its quarterly dividend. flag Both companies remain popular with institutional investors, though Blackstone received a "Hold" consensus rating.

2 months ago
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