Centiva Capital LP Increases Stock Position in Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

Centiva Capital LP boosted its holdings in Blackstone Mortgage Trust, Inc. (NYSE:BXMT - Free Report) by 39.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,112 shares of the real estate investment trust's stock after buying an additional 23,984 shares during the quarter. Centiva Capital LP's holdings in Blackstone Mortgage Trust were worth $1,464,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BXMT. Vanguard Group Inc. grew its holdings in Blackstone Mortgage Trust by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 18,398,374 shares of the real estate investment trust's stock worth $320,316,000 after acquiring an additional 63,338 shares during the period. Blackstone Inc. increased its holdings in shares of Blackstone Mortgage Trust by 8.2% during the fourth quarter. Blackstone Inc. now owns 8,601,492 shares of the real estate investment trust's stock valued at $149,752,000 after acquiring an additional 652,537 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Blackstone Mortgage Trust by 39.4% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,832,587 shares of the real estate investment trust's stock worth $49,315,000 after purchasing an additional 801,083 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Blackstone Mortgage Trust by 5.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,534,980 shares of the real estate investment trust's stock worth $44,134,000 after purchasing an additional 121,633 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Blackstone Mortgage Trust in the 4th quarter worth $35,662,000. Institutional investors own 64.15% of the company's stock.

Insider Activity at Blackstone Mortgage Trust

In other Blackstone Mortgage Trust news, CEO Katharine A. Keenan sold 2,315 shares of the company's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $20.70, for a total transaction of $47,920.50. Following the transaction, the chief executive officer now owns 246,172 shares in the company, valued at approximately $5,095,760.40. This represents a 0.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry N. Nassau acquired 10,000 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was purchased at an average price of $18.90 per share, with a total value of $189,000.00. Following the acquisition, the director now owns 182,946 shares of the company's stock, valued at $3,457,679.40. This represents a 5.78% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 5,652 shares of company stock worth $116,971 over the last quarter. Corporate insiders own 0.93% of the company's stock.

Blackstone Mortgage Trust Trading Up 0.4%

Shares of NYSE:BXMT traded up $0.07 during trading on Tuesday, reaching $19.72. The company had a trading volume of 317,645 shares, compared to its average volume of 1,728,439. The company has a fifty day moving average of $19.25 and a two-hundred day moving average of $18.89. The stock has a market capitalization of $3.38 billion, a P/E ratio of -16.85 and a beta of 1.12. Blackstone Mortgage Trust, Inc. has a 12 month low of $16.51 and a 12 month high of $21.24.

Blackstone Mortgage Trust (NYSE:BXMT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts' consensus estimates of ($0.87) by $1.26. Blackstone Mortgage Trust had a negative net margin of 11.54% and a positive return on equity of 8.62%. As a group, equities research analysts predict that Blackstone Mortgage Trust, Inc. will post 1.65 earnings per share for the current year.

Blackstone Mortgage Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 9.53%. The ex-dividend date of this dividend was Monday, March 31st. Blackstone Mortgage Trust's payout ratio is -408.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods decreased their price target on Blackstone Mortgage Trust from $20.50 to $20.00 and set a "market perform" rating for the company in a report on Monday, April 7th. UBS Group decreased their price objective on shares of Blackstone Mortgage Trust from $19.50 to $18.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their price target on Blackstone Mortgage Trust from $20.00 to $18.50 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Finally, JMP Securities reissued a "market perform" rating on shares of Blackstone Mortgage Trust in a report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $20.25.

Blackstone Mortgage Trust Profile

Blackstone Mortgage Trust, Inc, a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets.