Quantbot Technologies LP Reduces Stock Holdings in Blackstone Inc. $BX

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Quantbot Technologies LP significantly reduced its stake in Blackstone Inc. (NYSE:BX) by 96.2% in the third quarter, selling over 182,000 shares. Despite this, other institutional investors like Norges Bank and Vanguard Group increased their positions, while insider activity showed mixed signals with a major shareholder buying shares and another selling. Blackstone reported beating earnings estimates and increased its dividend, but faces challenges from fund redemptions and recent analyst price target cuts.

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