Blackstone Mortgage Trust Inc (BXMT) : Gruss Co Inc scooped up 45,600 additional shares in Blackstone Mortgage Trust Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 120,694 shares of Blackstone Mortgage Trust Inc which is valued at $3.4 Million.Blackstone Mortgage Trust Inc makes up approximately 4.71% of Gruss Co Inc’s portfolio.
Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in BXMT in the latest quarter, The investment management firm added 257,588 additional shares and now holds a total of 6,067,038 shares of Blackstone Mortgage Trust Inc which is valued at $171.5 Million. Blackstone Mortgage Trust Inc makes up approx 0.01% of Vanguard Group Inc’s portfolio.Oppenheimerfunds boosted its stake in BXMT in the latest quarter, The investment management firm added 206,240 additional shares and now holds a total of 2,319,495 shares of Blackstone Mortgage Trust Inc which is valued at $65.5 Million. Blackstone Mortgage Trust Inc makes up approx 0.09% of Oppenheimerfunds’s portfolio.Norges Bank boosted its stake in BXMT in the latest quarter, The investment management firm added 262,287 additional shares and now holds a total of 837,402 shares of Blackstone Mortgage Trust Inc which is valued at $23.7 Million. Blackstone Mortgage Trust Inc makes up approx 0.01% of Norges Bank’s portfolio.Tdam Usa reduced its stake in BXMT by selling 2,830 shares or 6.88% in the most recent quarter. The Hedge Fund company now holds 38,314 shares of BXMT which is valued at $1.1 Million. Blackstone Mortgage Trust Inc makes up approx 0.05% of Tdam Usa’s portfolio.
Blackstone Mortgage Trust Inc opened for trading at $27.54 and hit $27.72 on the upside on Wednesday, eventually ending the session at $27.65, with a gain of 0.36% or 0.1 points. The heightened volatility saw the trading volume jump to 2,08,711 shares. Company has a market cap of $2,597 M.
On the company’s financial health, Blackstone Mortgage Trust Inc reported $0.65 EPS for the quarter, based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus estimate of $0.65.Analysts expectations of $ 77.85.During the same quarter in the previous year, the company posted $0.60 EPS.
Many Wall Street Analysts have commented on Blackstone Mortgage Trust Inc. Blackstone Mortgage Trust Inc was Initiated by Credit Suisse to “Outperform” on Apr 18, 2016. Shares were Reiterated by FBR Capital on Feb 17, 2016 to “Outperform” and Lowered the Price Target to $ 29 from a previous price target of $33 .
Blackstone Mortgage Trust Inc. is a holding company. The Company is a real estate investment trust (REIT) which is a real estate finance company that originates and purchases senior loans collateralized by properties in North America and Europe. The Company has two operating segments: the Loan Origination segment and the CT Legacy Portfolio segment. The Company’s Loan Origination segment includes the Company’s activities associated with the origination and acquisition of mortgage loans the capitalization of its loan portfolio and the costs associated with operating its business. CT Legacy Partners’ portfolio consists of cash loans securities and other assets. The Company’s focus is to originate loans and invest in debt and related instruments supported by institutional commercial real estate. It directly originates co-originates and acquires debt instruments in conjunction with acquisitions refinancing and recapitalizations of commercial real estate around the world.