Blackstone Mortgage Trust Inc (BXMT) : Ranger International Management Lp reduced its stake in Blackstone Mortgage Trust Inc by 44.31% during the most recent quarter end. The investment management company now holds a total of 337,280 shares of Blackstone Mortgage Trust Inc which is valued at $9,905,914 after selling 268,330 shares in Blackstone Mortgage Trust Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Blackstone Mortgage Trust Inc makes up approximately 4.07% of Ranger International Management Lp’s portfolio.
Other Hedge Funds, Including , Geode Capital Management boosted its stake in BXMT in the latest quarter, The investment management firm added 4,671 additional shares and now holds a total of 510,828 shares of Blackstone Mortgage Trust Inc which is valued at $15,003,018. Blackstone Mortgage Trust Inc makes up approx 0.01% of Geode Capital Management’s portfolio.Alliancebernstein boosted its stake in BXMT in the latest quarter, The investment management firm added 56,480 additional shares and now holds a total of 456,630 shares of Blackstone Mortgage Trust Inc which is valued at $13,411,223. Blackstone Mortgage Trust Inc makes up approx 0.01% of Alliancebernstein’s portfolio.Edmond De Rothschild (suisse) S.a. reduced its stake in BXMT by selling 14,896 shares or 88.16% in the most recent quarter. The Hedge Fund company now holds 2,000 shares of BXMT which is valued at $58,740. Blackstone Mortgage Trust Inc makes up approx 0.02% of Edmond De Rothschild (suisse) S.a.’s portfolio.Moody Lynn Lieberson reduced its stake in BXMT by selling 3,074 shares or 2.56% in the most recent quarter. The Hedge Fund company now holds 117,178 shares of BXMT which is valued at $3,399,334. Blackstone Mortgage Trust Inc makes up approx 0.59% of Moody Lynn Lieberson’s portfolio.
Blackstone Mortgage Trust Inc opened for trading at $29.13 and hit $29.51 on the upside on Monday, eventually ending the session at $29.4, with a gain of 0.96% or 0.28 points. The heightened volatility saw the trading volume jump to 5,15,098 shares. Company has a market cap of $2,761 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.
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.