Blackstone Mtg Tr INC (BXMT) Stock Price Declined While Blackstone Group LP Lowered Stake by $12.96 Million

April 16, 2018 - By Vivian Currie

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) LogoInvestors sentiment increased to 1.69 in 2017 Q4. Its up 0.38, from 1.31 in 2017Q3. It is positive, as 13 investors sold BXMT shares while 55 reduced holdings. 36 funds opened positions while 79 raised stakes. 62.63 million shares or 13.49% more from 55.19 million shares in 2017Q3 were reported. Moreover, Segall Bryant & Hamill Lc has 0.03% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Thompson Siegel And Walmsley Lc reported 90,525 shares stake. Glob X Mgmt Limited holds 0.27% or 373,693 shares in its portfolio. Century Inc owns 9,570 shares for 0% of their portfolio. Stephens Ar holds 0.01% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 8,170 shares. Neville Rodie Shaw invested 0.87% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Ngam Limited Partnership accumulated 19,753 shares. Grs Ltd Liability Corporation invested in 6.54% or 351,720 shares. 4,423 were reported by Envestnet Asset Mngmt Incorporated. Tudor Investment Et Al stated it has 0.05% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). New York-based Tiaa Cref Inv Mngmt Ltd has invested 0% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). 192,502 are owned by Kames Public. 114,340 are held by Raymond James And Assoc. Ubs Asset Mngmt Americas reported 0% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Legal And General Grp Public Ltd Co holds 53,482 shares or 0% of its portfolio.

Since February 28, 2018, it had 0 buys, and 3 insider sales for $27,793 activity. The insider Ruffing Thomas C sold 114 shares worth $3,565. $17,980 worth of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) was sold by Armer Douglas N. on Wednesday, February 28.

Blackstone Group Lp decreased its stake in Blackstone Mtg Tr Inc (BXMT) by 7.69% based on its latest 2017Q4 regulatory filing with the SEC. Blackstone Group Lp sold 405,016 shares as the company’s stock declined 2.91% with the market. The institutional investor held 4.86 million shares of the consumer services company at the end of 2017Q4, valued at $156.35M, down from 5.26M at the end of the previous reported quarter. Blackstone Group Lp who had been investing in Blackstone Mtg Tr Inc for a number of months, seems to be less bullish one the $3.38 billion market cap company. The stock increased 0.71% or $0.22 during the last trading session, reaching $31.22. About 218,612 shares traded. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 2.42% since April 16, 2017 and is uptrending. It has underperformed by 9.13% the S&P500.

Blackstone Group Lp, which manages about $24.56B US Long portfolio, upped its stake in Cheniere Energy Partners Lp (NYSEMKT:CQP) by 910,278 shares to 203.36M shares, valued at $6.03B in 2017Q4, according to the filing.

Analysts await Blackstone Mortgage Trust, Inc. (NYSE:BXMT) to report earnings on April, 24. They expect $0.58 EPS, up 5.45 % or $0.03 from last year’s $0.55 per share. BXMT’s profit will be $62.76M for 13.46 P/E if the $0.58 EPS becomes a reality. After $0.59 actual EPS reported by Blackstone Mortgage Trust, Inc. for the previous quarter, Wall Street now forecasts -1.69 % negative EPS growth.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ratings Coverage

Among 5 analysts covering Blackstone Mortgage (NYSE:BXMT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Blackstone Mortgage had 7 analyst reports since October 25, 2017 according to SRatingsIntel. The stock has “Buy” rating by FBR Capital on Thursday, February 15. The stock of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has “Hold” rating given on Thursday, December 7 by Keefe Bruyette & Woods. The stock has “Buy” rating by FBR Capital on Friday, December 1. The stock has “Outperform” rating by Wells Fargo on Wednesday, December 6. J.P. Morgan downgraded the shares of BXMT in report on Tuesday, February 6 to “Hold” rating.

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Ratings Chart

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