<div id="readability-page-1"><p>Edgestream Partners L.P. reduced its stake in shares of  Blackstone Mortgage Trust, Inc. (NYSE:BXMT - Free Report) by 80.1% during the 2nd quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  owned 32,528 shares of the real estate investment trust's stock after selling 130,904 shares during the period. Edgestream Partners L.P.'s holdings in Blackstone Mortgage Trust were worth $626,000 as of its most recent SEC filing.</p><ul><li>6 Mortgage REITS: How Badly Could Rising Rates Hurt Them?</li></ul><p>A number of other hedge funds have also modified their holdings of BXMT. Charles Schwab Investment Management Inc. boosted its position in  Blackstone Mortgage Trust by 2.5% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,598,933 shares of the real estate investment trust's stock valued at $51,979,000 after purchasing an additional 63,953 shares during the last quarter.  Kingstone Capital Partners Texas LLC acquired a new position in  Blackstone Mortgage Trust in the 2nd quarter worth about $35,101,000.  Norges Bank acquired a new position in  Blackstone Mortgage Trust in the 2nd quarter worth about $34,608,000.  Advisors Capital Management LLC raised its stake in shares of  Blackstone Mortgage Trust by 4.4% during the 2nd quarter. Advisors Capital Management LLC now owns 1,078,886 shares of the real estate investment trust's stock worth $20,769,000 after purchasing an additional 45,871 shares in the last quarter.  Finally, MetLife Investment Management LLC lifted its holdings in shares of  Blackstone Mortgage Trust by 696.6% during the 1st quarter. MetLife Investment Management LLC now owns 843,692 shares of the real estate investment trust's stock valued at $16,874,000 after buying an additional 737,778 shares during the last quarter. 64.15% of the stock is owned by institutional investors and hedge funds. </p><h2>Insider Buying and Selling at Blackstone Mortgage Trust</h2><p>In related news, CEO Katharine A. Keenan sold 4,593 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $19.49, for a total transaction of $89,517.57. Following the completion of the sale, the chief executive officer owned 230,006 shares in the company, valued at $4,482,816.94. This represents a 1.96% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 6,503 shares of company stock worth $126,682. 1.02% of the stock is currently owned by insiders. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently commented on the company. Keefe, Bruyette &amp; Woods raised Blackstone Mortgage Trust from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and boosted their price target for the company from $20.00 to $21.00 in a research note on Monday, November 17th. Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of Blackstone Mortgage Trust in a research report on Monday, December 1st. Finally, JPMorgan Chase &amp; Co. increased their price target on shares of Blackstone Mortgage Trust from $19.00 to $20.00 and gave the stock a &#34;neutral&#34; rating in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and four have issued  a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and an average target price of $20.25.</p><p><b>Read Our Latest Report on BXMT</b></p><h2>Blackstone Mortgage Trust Trading Up 1.0%</h2><p>Shares of Blackstone Mortgage Trust stock opened at $19.87 on Friday. The firm has a fifty day simple moving average of $18.60 and a 200-day simple moving average of $19.04. The stock has a market capitalization of $3.33 billion, a price-to-earnings ratio of 32.04 and a beta of 1.08. Blackstone Mortgage Trust, Inc. has a 1-year low of $16.51 and a 1-year high of $21.24. </p><p>Blackstone Mortgage Trust (NYSE:BXMT - Get Free Report) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.05. The business had revenue of $132.71 million for the quarter, compared to analyst estimates of $103.56 million. Blackstone Mortgage Trust had a net margin of 7.53% and a return on equity of 4.06%.  As a group, research analysts predict that  Blackstone Mortgage Trust, Inc. will post 1.65 earnings per share for the current year. </p><h2>Blackstone Mortgage Trust Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Blackstone Mortgage Trust's payout ratio is currently 303.23%. </p><h2>About Blackstone Mortgage Trust</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Blackstone Mortgage Trust</li><li>EV Stocks and How to Profit from Them </li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Gates Foundation Sells MSFT Stock—Should Investors Be Worried?</li><li>Growth Investing: Should You Adopt This Investing Strategy in 2022?</li><li>MarketBeat Week in Review – 12/1 - 12/5</li></ul><p><strong>Want to see what other hedge funds are holding BXMT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackstone Mortgage Trust, Inc. (NYSE:BXMT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYTVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJYTVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Blackstone Mortgage Trust Right Now?</h2><p>Before you consider Blackstone Mortgage Trust, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackstone Mortgage Trust wasn't on the list.</p><p>While Blackstone Mortgage Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BXMT

<p>Edgestream Partners L.P. reduced its stake in Blackstone Mortgage Trust by 80.1% in Q2. Analysts have mixed ratings, with a consensus "Hold" and an average target price of $20.25. The stock opened at $19.87, with a market cap of $3.33 billion. Recent earnings beat estimates, and a quarterly dividend was announced.</p>

Blackstone Mortgage Trust, Inc. $BXMT Holdings Cut by Edgestream Partners L.P.