Blackstone Mortgage Trust Inc (BXMT) : Putnam Fl Investment Management Co reduced its stake in Blackstone Mortgage Trust Inc by 0.53% during the most recent quarter end. The investment management company now holds a total of 598,167 shares of Blackstone Mortgage Trust Inc which is valued at $17,173,375 after selling 3,190 shares in Blackstone Mortgage Trust Inc , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Blackstone Mortgage Trust Inc makes up approximately 1.99% of Putnam Fl Investment Management Co’s portfolio.
Other Hedge Funds, Including , Dorchester Wealth Management Co sold out all of its stake in BXMT during the most recent quarter. The investment firm sold 30,500 shares of BXMT which is valued $875,655.Msi Financial Services Inc reduced its stake in BXMT by selling 982 shares or 23.95% in the most recent quarter. The Hedge Fund company now holds 3,118 shares of BXMT which is valued at $90,422.Creative Planning reduced its stake in BXMT by selling 1,620 shares or 7.65% in the most recent quarter. The Hedge Fund company now holds 19,567 shares of BXMT which is valued at $558,638.
Blackstone Mortgage Trust Inc closed down -0.29 points or -1.00% at $28.71 with 2,93,918 shares getting traded on Friday. Post opening the session at $29.11, the shares hit an intraday low of $28.64 and an intraday high of $29.11 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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.
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.