HighTower Advisors LLC Increases Position in Blackstone Inc. $BX

HighTower Advisors LLC increased its stake in Blackstone Inc. (NYSE:BX) by 6.7% during the second quarter, bringing its total holdings to 2.54 million shares valued at $299.2 million. This move comes as other institutional investors have also adjusted their positions in the asset manager, which reported strong quarterly earnings of $1.52 per share and $5.04 billion in revenue, exceeding analyst expectations. Analysts maintain a "Moderate Buy" rating for Blackstone, with a consensus price target