23,749 Shares in Franklin BSP Realty Trust, Inc. (NYSE:FBRT) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Franklin BSP Realty Trust, Inc. (NYSE:FBRT - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,749 shares of the company's stock, valued at approximately $303,000.

Several other institutional investors and hedge funds have also modified their holdings of FBRT. Bank of New York Mellon Corp grew its stake in Franklin BSP Realty Trust by 24.2% in the 1st quarter. Bank of New York Mellon Corp now owns 714,485 shares of the company's stock valued at $9,103,000 after buying an additional 139,417 shares in the last quarter. GAMMA Investing LLC grew its stake in Franklin BSP Realty Trust by 1,683.5% in the first quarter. GAMMA Investing LLC now owns 4,637 shares of the company's stock worth $59,000 after purchasing an additional 4,377 shares during the period. Deutsche Bank AG raised its holdings in Franklin BSP Realty Trust by 51.0% in the 4th quarter. Deutsche Bank AG now owns 74,962 shares of the company's stock worth $940,000 after acquiring an additional 25,322 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Franklin BSP Realty Trust by 20.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 149,083 shares of the company's stock valued at $1,870,000 after purchasing an additional 24,935 shares during the period. Finally, Strong Tower Advisory Services boosted its stake in Franklin BSP Realty Trust by 16.3% in the 1st quarter. Strong Tower Advisory Services now owns 1,345,488 shares of the company's stock worth $17,142,000 after purchasing an additional 188,377 shares during the period. 59.87% of the stock is currently owned by institutional investors.

Franklin BSP Realty Trust Stock Up 0.4%

Shares of FBRT traded up $0.05 during mid-day trading on Thursday, reaching $10.87. The company's stock had a trading volume of 327,367 shares, compared to its average volume of 528,322. Franklin BSP Realty Trust, Inc. has a 12-month low of $9.79 and a 12-month high of $13.74. The stock has a market cap of $893.97 million, a PE ratio of 11.09 and a beta of 1.01. The company's 50 day moving average is $10.80 and its 200 day moving average is $11.76. The company has a debt-to-equity ratio of 3.21, a current ratio of 81.24 and a quick ratio of 81.24.

Franklin BSP Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Investors of record on Monday, June 30th were paid a $0.355 dividend. This represents a $1.42 annualized dividend and a dividend yield of 13.1%. The ex-dividend date of this dividend was Monday, June 30th. Franklin BSP Realty Trust's payout ratio is presently 144.90%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Jones Trading cut their target price on Franklin BSP Realty Trust from $14.00 to $13.00 and set a "buy" rating on the stock in a research report on Wednesday. JMP Securities reissued a "market outperform" rating and issued a $15.00 price target on shares of Franklin BSP Realty Trust in a report on Tuesday, April 29th. Four equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $14.88.

About Franklin BSP Realty Trust

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).