Blackstone Mortgage Trust Inc (BXMT) : Lvw Advisors reduced its stake in Blackstone Mortgage Trust Inc by 1.71% during the most recent quarter end. The investment management company now holds a total of 148,576 shares of Blackstone Mortgage Trust Inc which is valued at $4.2 Million after selling 2,587 shares in Blackstone Mortgage Trust Inc , the firm said in a disclosure report filed with the SEC on May 11, 2016.Blackstone Mortgage Trust Inc makes up approximately 1.35% of Lvw Advisors’s portfolio.
Other Hedge Funds, Including , United Capital Financial Advisers reduced its stake in BXMT by selling 36,335 shares or 53.64% in the most recent quarter. The Hedge Fund company now holds 31,408 shares of BXMT which is valued at $887,590. Blackstone Mortgage Trust Inc makes up approx 0.01% of United Capital Financial Advisers’s portfolio.Botty Investors boosted its stake in BXMT in the latest quarter, The investment management firm added 36,281 additional shares and now holds a total of 284,430 shares of Blackstone Mortgage Trust Inc which is valued at $8 Million. Blackstone Mortgage Trust Inc makes up approx 4.47% of Botty Investors’s portfolio.Blackrock Group Ltd reduced its stake in BXMT by selling 75,219 shares or 53.73% in the most recent quarter. The Hedge Fund company now holds 64,785 shares of BXMT which is valued at $1.8 Million.Advantus Capital Management Inc boosted its stake in BXMT in the latest quarter, The investment management firm added 33,899 additional shares and now holds a total of 117,999 shares of Blackstone Mortgage Trust Inc which is valued at $3.3 Million. Blackstone Mortgage Trust Inc makes up approx 0.10% of Advantus Capital Management Inc’s portfolio.
Blackstone Mortgage Trust Inc opened for trading at $28.23 and hit $28.41 on the upside on Monday, eventually ending the session at $28.3, with a gain of 0.14% or 0.04 points. The heightened volatility saw the trading volume jump to 4,30,127 shares. Company has a market cap of $2,658 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.