Capital Trust, Inc. (BXMT) Upgraded to Hold at BidaskClub

Annette Crawford
September 29, 2017

Blackstone Mortgage Trust Inc (NYSE:BXMT) has risen 12.11% since September 28, 2016 and is uptrending.

According to the latest research reports released, 1 analyst has issued a rating of "buy", 4 analysts "outperform", 2 analysts "hold", 0 analysts "underperform" and 0 analysts "sell".

The stock increased 2.42% or $1.05 during the last trading session, reaching $44.4. Accern also gave news headlines about the company an impact score of 45.3265387184175 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. It has underperformed by 11.20% the S&P500. During the same quarter in the previous year, the company earned $0.21 EPS. PAY's profit will be $38.23M for 14.85 P/E if the $0.34 EPS becomes a reality. Blackstone Mortgage Trust Inc had 13 analyst reports since January 26, 2016 according to SRatingsIntel. Therefore 29% are positive. Wood maintained Blackstone Mortgage Trust Inc (NYSE:BXMT) on Friday, April 7 with "Outperform" rating.

On early Fri, Sep 8th, Two Harbors Investment bought 8,300 stocks of Granite Point Mortgage Trust shares. the share was acquired at a consensus cost of $19.05 for a share, with a total value of $158,115.00.

Stock market analysts and brokers have recently amended their target prices on shares of Capital Trust, Inc. On Monday, August 7 the stock rating was maintained by RBC Capital Markets with "Buy".

BidaskClub upgraded shares of Capital Trust, Inc. The First National Bank Of Omaha holds 103,648 shares with $6.77M value, up from 78,419 last quarter. The firm has "Hold" rating by Loop Capital given on Tuesday, January 10. The firm has "Buy" rating given on Monday, August 7 by Benchmark. The stock has "In-Line" rating by Imperial Capital on Monday, September 12. As per Friday, September 2, the company rating was downgraded by Piper Jaffray. Mendon Capital Advisors Corp owns 105,823 shares or 0.37% of their USA portfolio.

The share price of Capital Trust, Inc. The Company is a long-term, fundamental value-oriented investor. The Illinois-based Ranger International Management Lp has invested 6.18% in the stock. Horizon Kinetics Ltd, New York-based fund reported 6,500 shares. The company has market cap of $168.19 million. The Company conducts its operations as a real estate investment trust for the United States federal income tax purposes. The shares were sold at an average price of $16.87, for a total transaction of $32,036.13.

Granite Point Mortgage Trust Inc is focused primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt, such as commercial real estate investments. Fred Alger Mgmt Inc holds 0.01% in Blackstone Mortgage Trust Inc (NYSE:BXMT) or 46,786 shares. Therefore 57% are positive. Zacks Investment Research raised Granite Point Mortgage Trust from a "hold" rating to a "buy" rating and set a $21.00 price target on the stock in a report on Wednesday, September 20th. Keefe, Bruyette & Woods initiated coverage on shares of Granite Point Mortgage Trust in a report on Tuesday, July 18th. The company was maintained on Thursday, September 14 by Keefe Bruyette & Woods. The company was maintained on Tuesday, August 8 by Keefe Bruyette & Woods. They issued a "market perform" rating and a $19.50 target price on the stock. The firm earned "Market Perform" rating on Monday, January 9 by Wells Fargo. The rating was initiated by Credit Suisse with "Outperform" on Monday, April 18.

Shares of Granite Point Mortgage Trust (NASDAQ:GPMT) opened at 18.93 on Thursday.

Investors sentiment decreased to 1.19 in 2017 Q2. However its weekly volatility is 0.93% and monthly volatility is 1.12%. This dividend's record date is Sep 29, 2017 and the announcement date is Sep 19, 2017. Winslow Evans And Crocker owns 2,640 shares for 0% of their portfolio. Blackstone Mortgage Trust Inc (BXMT)'s Williams %R presently stands at -64.52.

PennyMac Mortgage Investment Trust (PMT) observed trading 1.45% away from the 20-day moving average and -0.28% off from its 50-day simple moving average. Boston Partners has 761,458 shares for 0.03% of their portfolio. Cambridge Invest reported 40,680 shares. Nuveen Asset Mngmt Ltd Com holds 0.04% or 182,950 shares. Edgemoor Advisors has 1.72% invested in Blackstone Mortgage Trust Inc (NYSE:BXMT). Morgan Stanley accumulated 1.96 million shares or 0.02% of the stock. Botty Limited Liability Com holds 3.42% or 333,416 shares. Great West Life Assurance Co Can reported 10,001 shares. Mariner Wealth Advsr Limited Liability Company reported 162,440 shares. Armer Douglas N. had sold 604 shares worth $18,766 on Wednesday, May 31. After a recent check, the 14-day RSIfor Blackstone Mortgage Trust Inc (BXMT) is now at 44.84, the 7-day stands at 37.56, and the 3-day is sitting at 20.99.

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