UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.87 Million Holdings in Franklin BSP Realty Trust, Inc. (NYSE:FBRT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) by 20.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,083 shares of the company's stock after acquiring an additional 24,935 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.18% of Franklin BSP Realty Trust worth $1,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in shares of Franklin BSP Realty Trust by 13.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,162,977 shares of the company's stock worth $14,584,000 after purchasing an additional 136,687 shares during the last quarter. Invesco Ltd. grew its position in shares of Franklin BSP Realty Trust by 7.1% during the 4th quarter. Invesco Ltd. now owns 1,137,128 shares of the company's stock valued at $14,260,000 after buying an additional 75,240 shares during the last quarter. Northern Trust Corp grew its position in shares of Franklin BSP Realty Trust by 17.5% during the 4th quarter. Northern Trust Corp now owns 958,564 shares of the company's stock valued at $12,020,000 after buying an additional 142,437 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Franklin BSP Realty Trust by 10.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 801,871 shares of the company's stock valued at $10,055,000 after buying an additional 72,621 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in Franklin BSP Realty Trust by 16.8% during the 4th quarter. Van ECK Associates Corp now owns 725,963 shares of the company's stock valued at $9,104,000 after purchasing an additional 104,599 shares during the period. Institutional investors and hedge funds own 59.87% of the company's stock.

Franklin BSP Realty Trust Stock Down 0.3%

Shares of FBRT stock traded down $0.03 during trading on Wednesday, reaching $11.10. The company's stock had a trading volume of 962,555 shares, compared to its average volume of 399,669. The business has a fifty day moving average price of $11.22 and a 200-day moving average price of $12.31. The company has a quick ratio of 90.45, a current ratio of 84.89 and a debt-to-equity ratio of 3.42. The company has a market cap of $912.67 million, a price-to-earnings ratio of 13.37 and a beta of 1.05. Franklin BSP Realty Trust, Inc. has a one year low of $10.50 and a one year high of $14.12.

Franklin BSP Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 10th. Shareholders of record on Monday, March 31st were issued a $0.355 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.42 annualized dividend and a dividend yield of 12.79%. Franklin BSP Realty Trust's dividend payout ratio is currently 208.82%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Jones Trading reduced their target price on shares of Franklin BSP Realty Trust from $15.00 to $14.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. JMP Securities restated a "market outperform" rating and issued a $15.00 price target on shares of Franklin BSP Realty Trust in a research report on Tuesday, April 29th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Franklin BSP Realty Trust in a research report on Wednesday, March 12th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $15.30.

Franklin BSP Realty Trust Company Profile

Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae).