Blackstone Mortgage Trust Inc (BXMT) Shares Bought by Securian Asset Management Inc

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Securian Asset Management Inc grew its stake in shares of Blackstone Mortgage Trust Inc (NYSE:BXMT) by 1.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 87,392 shares of the real estate investment trust’s stock after buying an additional 1,000 shares during the period. Securian Asset Management Inc’s holdings in Blackstone Mortgage Trust were worth $2,784,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Winslow Evans & Crocker Inc. raised its position in Blackstone Mortgage Trust by 30.8% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 1,486 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 350 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Blackstone Mortgage Trust by 153.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,650 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 1,000 shares in the last quarter. Capital Advisors Ltd. LLC raised its position in Blackstone Mortgage Trust by 59.9% in the fourth quarter. Capital Advisors Ltd. LLC now owns 2,026 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 759 shares in the last quarter. Flagship Harbor Advisors LLC raised its position in Blackstone Mortgage Trust by 57.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,258 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 820 shares in the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new position in Blackstone Mortgage Trust in the third quarter worth about $190,000. 63.78% of the stock is owned by institutional investors and hedge funds.

In other news, Treasurer Douglas N. Armer sold 806 shares of the stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $34.93, for a total transaction of $28,153.58. Following the sale, the treasurer now directly owns 79,481 shares of the company’s stock, valued at $2,776,271.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Treasurer Douglas N. Armer sold 3,211 shares of the stock in a transaction that occurred on Monday, December 10th. The shares were sold at an average price of $34.87, for a total transaction of $111,967.57. Following the sale, the treasurer now directly owns 76,270 shares in the company, valued at $2,659,534.90. The disclosure for this sale can be found here. Insiders have sold 5,924 shares of company stock worth $206,584 over the last three months. 0.96% of the stock is owned by insiders.

BXMT opened at $34.59 on Friday. Blackstone Mortgage Trust Inc has a one year low of $29.56 and a one year high of $35.70. The company has a market cap of $4.18 billion, a PE ratio of 14.97, a P/E/G ratio of 2.74 and a beta of 0.58.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st were paid a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, December 28th. This represents a $2.48 annualized dividend and a dividend yield of 7.17%. Blackstone Mortgage Trust’s dividend payout ratio (DPR) is currently 107.36%.

Several research analysts recently issued reports on BXMT shares. Citigroup started coverage on shares of Blackstone Mortgage Trust in a research report on Friday, October 12th. They issued a “neutral” rating and a $33.00 price target for the company. ValuEngine raised shares of Blackstone Mortgage Trust from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. Zacks Investment Research raised shares of Blackstone Mortgage Trust from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research report on Friday, October 26th. Finally, TheStreet raised shares of Blackstone Mortgage Trust from a “c+” rating to a “b+” rating in a research report on Wednesday, October 31st. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $34.25.

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Blackstone Mortgage Trust Company Profile

Blackstone Mortgage Trust, Inc, a real estate finance company, originates senior loans collateralized by properties in North America and Europe. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders.

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

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