Capital Trust (NYSE:BXMT) Coverage Initiated at Wells Fargo & Company

Marco Green
December 17, 2017

Moreover, Jrm Investment Counsel Llc has 6.41% invested in the company for 259,467 shares. The institutional investor held 113,896 shares of the consumer services company at the end of 2017Q2, valued at $3.60 million, up from 84,110 at the end of the previous reported quarter. Lvw Advisors Llc who had been investing in Blackstone Mtg Tr Inc for a number of months, seems to be less bullish one the $3.46B market cap company. FBR & Co increased their price target on Capital Trust from $32.00 to $33.00 and gave the stock a "buy" rating in a research report on Thursday, October 26th. About 8,079 shares traded. Barclays Pcl invested 0% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 12.11% since December 17, 2016 and is uptrending. It has underperformed by 4.59% the S&P500. (NASDAQ:SNI). Price T Rowe Assocs Inc Md accumulated 171,856 shares. The institutional investor held 226,938 shares of the farming and seeds and milling company at the end of 2017Q2, valued at $16.90M, down from 237,226 at the end of the previous reported quarter. The stock decreased 0.17% or $0.12 during the last trading session, reaching $71.67. The stock had a trading volume of 1,204,615 shares, compared to its average volume of 1,124,996. Agrium Inc. (NYSE:AGU) has risen 5.50% since December 16, 2016 and is uptrending. It has underperformed by 4.50% the S&P500. The company was upgraded on Friday, November 13 by CLSA.

Among 19 analysts covering Altria Group Inc. (NYSE:BXMT) were released by: Seekingalpha.com and their article: "Blackstone Mortgage Trust: Attractive 7.8% Covered Yield And Dividend Upside" published on October 25, 2017 as well as Prnewswire.com's news article titled: "Blackstone Mortgage Trust Announces Third Quarter 2017 Earnings Release and ..." with publication date: October 05, 2017. During the same quarter in the previous year, the business posted $0.71 EPS. equities analysts expect that Capital Trust will post 2.28 earnings per share for the current year. BXMT's profit will be $60.21 million for 14.35 P/E if the $0.57 EPS becomes a reality. The real estate investment trust reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.06.

Investors sentiment increased to 0.91 in Q2 2017. Its down 0.04, from 1.23 in 2017Q1. It also reduced its holding in Oneok Partners Lp (NYSE:OKS) by 30,800 shares in the quarter, leaving it with 39,548 shares, and cut its stake in Tortoise Energy Infra Corp (NYSE:TYG). Advisory Network Lc accumulated 3,457 shares. Bank of America downgraded Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Blackrock, a New York-based fund reported 4.28M shares. Tru Of Vermont has invested 1.56% in Pepsico, Inc. Quadrant Mngmt Limited Liability holds 1.69% in Scripps Networks Interactive, Inc. (NYSE:PEP) or 112,400 shares. Moreover, Twin Capital Mgmt has 0.11% invested in Scripps Networks Interactive, Inc. The Illinois-based Ranger International Management Lp has invested 6.18% in the stock. Glenmede Trust Na has 5,097 shares. First Republic Investment Management invested in 0.03% or 105,881 shares. Following the completion of the transaction, the chief financial officer now directly owns 15,504 shares in the company, valued at approximately $495,352.80. 15,000 were accumulated by Icon Advisers. Also, the number of investment professionals holding Blackstone Mortgage Trust Inc in their top 10 equity positions increased from 4 to 7 for an increase of 3. Therefore 5% are positive. Royal Bankshares Of Canada reported 0.03% in Blackstone Mortgage Trust, Inc. BMO Capital Markets maintained the stock with "Hold" rating in Tuesday, November 7 report. Armer Douglas N. had sold 614 shares worth $19,261 on Thursday, August 31. As per Tuesday, September 26, the company rating was maintained by Jefferies. Credit Suisse maintained Pepsico, Inc. (NYSE:MO) earned "Hold" rating by Berenberg on Friday, February 3. The rating was initiated by Credit Suisse with "Outperform" on Friday, September 16. The stock of Agrium Inc. The rating was maintained by Citigroup on Wednesday, July 12 with "Neutral". The rating was maintained by Cowen & Co on Thursday, August 10 with "Buy". Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Among 8 analysts covering Blackstone Mortgage Trust Inc (NYSE:BXMT), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 14% are positive. United States Steel Corporation had 90 analyst reports since July 30, 2015 according to SRatingsIntel. The brokerage set an "outperform" rating on the real estate investment trust's stock. On Wednesday, December 6 the stock rating was reinitiated by Wells Fargo with "Outperform". Keefe Bruyette & Woods maintained it with "Buy" rating and $3300 target in Thursday, July 6 report. JMP Securities downgraded the stock to "Mkt Perform" rating in Thursday, February 16 report. The rating was downgraded by Wells Fargo to "Market Perform" on Monday, January 9. The company was maintained on Tuesday, August 8 by Keefe Bruyette & Woods. The stock has "Neutral" rating by Bank of America on Wednesday, April 26. Edge Wealth Management Ltd Liability Company has invested 0% in Blackstone Mortgage Trust, Inc. The firm earned "Buy" rating on Monday, May 29 by Keefe Bruyette & Woods.

Investors sentiment decreased to 1.19 in Q2 2017.

Since August 14, 2017, it had 0 insider purchases, and 2 sales for $1.33 million activity. Insiders own 0.91% of the company's stock. Stephens Ar stated it has 0.04% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 88,538 shares. Murphy Pohlad Asset Ltd Com reported 136,142 shares. (NYSE:BXMT). Entrustpermal Mngmt Limited Company invested 1.05% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 10,465 shares. 800 were accumulated by Huntington Comml Bank. Stanley holds 67,972 shares or 0.58% of its portfolio. State Of New Jersey Common Pension Fund D owns 79,000 shares. The original version of this article can be viewed at https://www.thelincolnianonline.com/2017/12/17/capital-trust-inc-bxmt-is-blackstone-group-l-p-s-10th-largest-position-updated.html. (NYSE:BXMT) for 47,506 shares.

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