UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $9.27 Million Stock Position in Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Blackstone Mortgage Trust, Inc. (NYSE:BXMT - Free Report) by 11.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 532,395 shares of the real estate investment trust's stock after purchasing an additional 56,621 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.31% of Blackstone Mortgage Trust worth $9,269,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in BXMT. Norges Bank acquired a new position in shares of Blackstone Mortgage Trust in the 4th quarter valued at about $35,662,000. Balyasny Asset Management L.P. increased its holdings in Blackstone Mortgage Trust by 39.4% in 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 buying an additional 801,083 shares during the last quarter. Blackstone Inc. increased its holdings in Blackstone Mortgage Trust by 8.2% in the fourth quarter. Blackstone Inc. now owns 8,601,492 shares of the real estate investment trust's stock worth $149,752,000 after buying an additional 652,537 shares during the last quarter. Millennium Management LLC increased its holdings in Blackstone Mortgage Trust by 473.3% in the fourth quarter. Millennium Management LLC now owns 625,060 shares of the real estate investment trust's stock worth $10,882,000 after buying an additional 516,023 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Blackstone Mortgage Trust in the fourth quarter worth approximately $8,118,000. Institutional investors and hedge funds own 64.15% of the company's stock.

Insider Buying and Selling

In related news, Director Henry N. Nassau acquired 10,000 shares of the company's stock in a transaction on Tuesday, May 6th. The stock was purchased at an average cost of $18.90 per share, for a total transaction of $189,000.00. Following the completion of the purchase, the director now directly owns 182,946 shares of the company's stock, valued at $3,457,679.40. The trade was a 5.78% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Katharine A. Keenan sold 2,315 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $20.70, for a total value of $47,920.50. Following the transaction, the chief executive officer now owns 246,172 shares of the company's stock, valued at $5,095,760.40. This represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.02% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on BXMT shares. UBS Group restated a "neutral" rating and issued a $19.50 price objective (up previously from $19.00) on shares of Blackstone Mortgage Trust in a report on Wednesday, May 21st. JPMorgan Chase & Co. dropped their price objective on Blackstone Mortgage Trust from $20.00 to $18.50 and set a "neutral" rating on the stock in a report on Wednesday, April 16th. JMP Securities restated a "market perform" rating on shares of Blackstone Mortgage Trust in a report on Thursday, May 1st. Finally, Keefe, Bruyette & Woods dropped their price objective on Blackstone Mortgage Trust from $20.50 to $20.00 and set a "market perform" rating on the stock in a report on Monday, April 7th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $20.50.

Blackstone Mortgage Trust Stock Down 1.7%

BXMT stock traded down $0.33 during midday trading on Monday, hitting $18.56. 1,156,752 shares of the company traded hands, compared to its average volume of 1,695,571. Blackstone Mortgage Trust, Inc. has a twelve month low of $16.51 and a twelve month high of $21.24. The business has a 50 day simple moving average of $18.86 and a 200-day simple moving average of $18.95. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of -15.86 and a beta of 1.12.

Blackstone Mortgage Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.47 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.88 annualized dividend and a dividend yield of 10.13%. Blackstone Mortgage Trust's dividend payout ratio is -408.70%.

Blackstone Mortgage Trust Company 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.