Natixis Advisors LLC Acquires Shares of 11,095 Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

Natixis Advisors LLC acquired a new stake in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 11,095 shares of the real estate investment trust’s stock, valued at approximately $211,000.

Other large investors also recently modified their holdings of the company. True North Advisors LLC grew its position in shares of Blackstone Mortgage Trust by 2.7% in the 3rd quarter. True North Advisors LLC now owns 23,435 shares of the real estate investment trust’s stock valued at $446,000 after buying an additional 619 shares during the last quarter. Versant Capital Management Inc grew its position in Blackstone Mortgage Trust by 66.4% during the 2nd quarter. Versant Capital Management Inc now owns 2,183 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 871 shares during the last quarter. AQR Capital Management LLC grew its position in Blackstone Mortgage Trust by 2.5% during the 2nd quarter. AQR Capital Management LLC now owns 44,940 shares of the real estate investment trust’s stock worth $783,000 after purchasing an additional 1,111 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Blackstone Mortgage Trust by 2.7% in the 2nd quarter. Arizona State Retirement System now owns 46,190 shares of the real estate investment trust’s stock worth $805,000 after acquiring an additional 1,206 shares during the period. Finally, Park Place Capital Corp acquired a new stake in shares of Blackstone Mortgage Trust in the 2nd quarter worth $26,000. 64.15% of the stock is owned by hedge funds and other institutional investors.

Blackstone Mortgage Trust Stock Down 0.1 %

Shares of NYSE BXMT opened at $19.22 on Friday. Blackstone Mortgage Trust, Inc. has a 52 week low of $16.53 and a 52 week high of $23.29. The firm has a 50-day moving average price of $18.63 and a 200 day moving average price of $18.23. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of -13.83 and a beta of 1.50.

Analyst Ratings Changes

Separately, Wells Fargo & Company raised their target price on shares of Blackstone Mortgage Trust from $19.00 to $22.00 and gave the stock an “overweight” rating in a research note on Friday, September 20th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $20.08.

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.