XTX Topco Ltd Has $487,000 Stock Position in Blackstone Mortgage Trust, Inc. (NYSE:BXMT)

XTX Topco Ltd cut its stake in shares of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) by 35.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,593 shares of the real estate investment trust’s stock after selling 14,098 shares during the period. XTX Topco Ltd’s holdings in Blackstone Mortgage Trust were worth $487,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in Blackstone Mortgage Trust during the 3rd quarter worth approximately $39,000. Wellington Shields & Co. LLC raised its stake in shares of Blackstone Mortgage Trust by 98.0% during the second quarter. Wellington Shields & Co. LLC now owns 4,555 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 2,255 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Blackstone Mortgage Trust during the second quarter worth $87,000. Future Financial Wealth Managment LLC bought a new stake in shares of Blackstone Mortgage Trust in the third quarter worth $95,000. Finally, Sei Investments Co. acquired a new stake in Blackstone Mortgage Trust in the second quarter valued at $184,000. 64.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BXMT has been the topic of a number of analyst reports. Wolfe Research upgraded Blackstone Mortgage Trust from a “peer perform” rating to an “outperform” rating and set a $20.00 price target on the stock in a research report on Wednesday. Wells Fargo & Company raised their price target on shares of Blackstone Mortgage Trust from $19.00 to $22.00 and gave the stock an “overweight” rating in a report on Friday, September 20th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.07.

Blackstone Mortgage Trust Price Performance

NYSE BXMT opened at $19.29 on Friday. The stock has a market capitalization of $3.34 billion, a P/E ratio of -13.88 and a beta of 1.50. The business has a 50 day simple moving average of $18.61 and a 200 day simple moving average of $18.31. Blackstone Mortgage Trust, Inc. has a one year low of $16.53 and a one year high of $23.29.

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.