Blackstone Mortgage Trust Inc (BXMT) Shares Sold by Private Capital Advisors Inc.

Private Capital Advisors Inc. reduced its stake in shares of Blackstone Mortgage Trust Inc (NYSE:BXMT) by 6.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,543 shares of the real estate investment trust’s stock after selling 11,796 shares during the period. Blackstone Mortgage Trust accounts for 1.8% of Private Capital Advisors Inc.’s investment portfolio, making the stock its 24th biggest holding. Private Capital Advisors Inc. owned 0.15% of Blackstone Mortgage Trust worth $5,134,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Blackstone Mortgage Trust in the 3rd quarter valued at $422,000. Blackstone Group L.P. lifted its stake in shares of Blackstone Mortgage Trust by 14.4% in the 3rd quarter. Blackstone Group L.P. now owns 5,263,579 shares of the real estate investment trust’s stock valued at $163,276,000 after purchasing an additional 663,846 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Blackstone Mortgage Trust in the 3rd quarter valued at $284,000. Janney Capital Management LLC acquired a new stake in shares of Blackstone Mortgage Trust in the 3rd quarter valued at $620,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Blackstone Mortgage Trust in the 3rd quarter valued at $203,000. Institutional investors and hedge funds own 54.10% of the company’s stock.

Several equities research analysts recently issued reports on BXMT shares. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Blackstone Mortgage Trust in a research note on Friday, September 15th. Wells Fargo & Co started coverage on shares of Blackstone Mortgage Trust in a research note on Wednesday, December 6th. They issued an “outperform” rating for the company. FBR & Co lifted their price objective on shares of Blackstone Mortgage Trust from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research raised shares of Blackstone Mortgage Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. Finally, BidaskClub raised shares of Blackstone Mortgage Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $33.80.

Blackstone Mortgage Trust Inc (NYSE:BXMT) traded down $0.08 during trading on Friday, reaching $31.62. 967,711 shares of the company’s stock were exchanged, compared to its average volume of 1,130,000. The firm has a market cap of $3,340.00, a price-to-earnings ratio of 14.05 and a beta of 0.66. Blackstone Mortgage Trust Inc has a 52-week low of $29.76 and a 52-week high of $33.08.

Blackstone Mortgage Trust (NYSE:BXMT) last released its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.06. The firm had revenue of $78.60 million during the quarter, compared to analyst estimates of $74.35 million. Blackstone Mortgage Trust had a net margin of 53.85% and a return on equity of 8.63%. The business’s revenue was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. research analysts predict that Blackstone Mortgage Trust Inc will post 2.28 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 7.84%. The ex-dividend date of this dividend is Thursday, December 28th. Blackstone Mortgage Trust’s dividend payout ratio is 110.22%.

In other news, CFO Anthony F. Marone, Jr. sold 1,070 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $31.95, for a total transaction of $34,186.50. Following the completion of the transaction, the chief financial officer now owns 15,504 shares of the company’s stock, valued at $495,352.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Treasurer Douglas N. Armer sold 3,658 shares of the company’s stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $31.86, for a total transaction of $116,543.88. Following the transaction, the treasurer now directly owns 49,561 shares of the company’s stock, valued at approximately $1,579,013.46. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,516 shares of company stock valued at $208,100. Company insiders own 0.91% of the company’s stock.

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Blackstone Mortgage Trust Profile

Blackstone Mortgage Trust, Inc is a holding company. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The Company originates and purchases senior loans collateralized by properties in North America and Europe. The Company’s business is focused on originating or acquiring senior, floating rate mortgage loans that are secured by a first priority mortgage on commercial real estate assets primarily in the office, lodging, retail, residential and industrial sectors.

Institutional Ownership by Quarter for Blackstone Mortgage Trust (NYSE:BXMT)

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