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flag Kimelman & Baird LLC cut its Blackstone shares, while Blackstone reported strong earnings growth.

flag Kimelman & Baird LLC reduced its holdings in Blackstone Inc. by 0.9%, now owning 317,339 shares worth $44.36 million. flag Blackstone reported a 16.3% increase in earnings to $1.21 per share and a 32.7% rise in revenue to $3.07 billion for the first quarter. flag Redmond Asset Management LLC, meanwhile, increased its Blackstone shares by 3.3% to 15,504, worth $2.17 million, while reducing its stake in BlackLine by 3.7% to 47,263 shares.

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