November 25, 2016 - By Clifton Ray · 0 Comments
The stock of Blackstone Mortgage Trust New (NYSE:BXMT) registered an increase of 13.13% in short interest. BXMT’s total short interest was 4.26M shares in November as published by FINRA. Its up 13.13% from 3.77 million shares, reported previously. With 458,800 shares average volume, it will take short sellers 9 days to cover their BXMT’s short positions. The short interest to Blackstone Mortgage Trust New’s float is 4.9%. The stock increased 0.98% or $0.29 during the last trading session, hitting $30.01. About 261,404 shares traded hands. Blackstone Mortgage Trust Inc (NYSE:BXMT) has risen 11.35% since April 22, 2016 and is uptrending. It has outperformed by 5.94% the S&P500.
Blackstone Mortgage Trust, Inc. is a holding company, which conducts its activities as a real estate investment trust. The company has a market cap of $2.79 billion. The Firm is a real estate finance firm that originates and purchases senior loans collateralized by properties in North America and Europe. It has a 11.27 P/E ratio. 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, residential, retail, industrial and healthcare sectors in North America and Europe.
Insitutional Activity: The institutional sentiment increased to 1.47 in 2016 Q2. Its up 0.09, from 1.38 in 2016Q1. The ratio increased, as 14 funds sold all Blackstone Mortgage Trust Inc shares owned while 52 reduced positions. 22 funds bought stakes while 69 increased positions. They now own 65.07 million shares or 5.73% less from 69.03 million shares in 2016Q1.
Moreover, Waddell Reed has 0.02% invested in Blackstone Mortgage Trust Inc (NYSE:BXMT) for 339,731 shares. Putnam Fl Inv Mngmt accumulated 601,357 shares or 1.97% of the stock. Wellington Shields Limited Company accumulated 10,192 shares or 0.18% of the stock. Jbf owns 500,010 shares or 1.74% of their US portfolio. Cubist Systematic Strategies Lc holds 0.02% or 13,520 shares in its portfolio. Gruss And accumulated 120,694 shares or 4.03% of the stock. First Advsrs Ltd Partnership has 0.03% invested in the company for 307,090 shares. The Massachusetts-based Invsts Cap Advisory Services has invested 0.1% in Blackstone Mortgage Trust Inc (NYSE:BXMT). Envestnet Asset Inc has 8,281 shares for 0% of their US portfolio. Manufacturers Life Insurance The, a Ontario – Canada-based fund reported 2,276 shares. Checchi Advisers Ltd Liability Com reported 736 shares or 0% of all its holdings. Sei Invests, a Pennsylvania-based fund reported 27,297 shares. Wfg L P holds 0.01% or 700 shares in its portfolio. Moreover, Springbok Cap Mngmt Ltd has 0.11% invested in Blackstone Mortgage Trust Inc (NYSE:BXMT) for 28,500 shares. Royal State Bank Of Canada accumulated 0.03% or 1.59M shares.
Insider Transactions: Since May 31, 2016, the stock had 0 insider buys, and 15 selling transactions for $152,607 net activity. On Thursday, June 30 Ruffing Thomas C sold $3,306 worth of the stock or 121 shares. Another trade for 178 shares valued at $5,142 was made by Marone Anthony F. JR on Friday, July 29. Armer Douglas N. sold $14,698 worth of stock.
Blackstone Mortgage Trust, Inc., incorporated on April 7, 1998, is a holding company. The Firm conducts its activities as a real estate investment trust (REIT). The Firm is a real estate finance firm that originates and purchases senior loans collateralized by properties in North America and Europe. The Firm originates and acquires commercial mortgage loans and related investments. The Firm manages its business through CT Legacy Portfolio, which consists of its interests in CT Legacy Partners, LLC and CT Opportunity Partners I, LP (CTOPI), a private investment fund. 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, residential, retail, industrial and healthcare sectors. These investments may be in the form of whole loans or may also include pari passu participations within mortgage loans. It also originates and acquires fixed rate loans and subordinate loans, including subordinate mortgage interests and mezzanine loans. The Company’s manager is BXMT Advisors L.L.C.
More important recent Blackstone Mortgage Trust Inc (NYSE:BXMT) news were published by: Prnewswire.com which released: “Blackstone Mortgage Trust Announces Third Quarter 2016 Earnings Release and …” on October 13, 2016, also Forbes.com published article titled: “Blackstone Mortgage Trust Named Top Dividend Stock With Insider Buying and 8 …”, Marketwatch.com published: “Blackstone Mortgage Trust Inc. Cl A” on May 09, 2013. More interesting news about Blackstone Mortgage Trust Inc (NYSE:BXMT) was released by: Prnewswire.com and their article: “Blackstone Mortgage Trust Reports First Quarter 2016 Results” with publication date: April 26, 2016.
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By Clifton Ray