Garrison Bradford & Associates Cut Blackstone Mtg (BXMT) Position; New York Mortgage Trust, Inc. (NYMT) Covered By 2 Bullish Analysts Last Week

Blackstone Mortgage Trust, Inc. (NYSE:BXMT) Logo

Among 2 analysts covering New York Mortgage Trust (NASDAQ:NYMT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. New York Mortgage Trust had 8 analyst reports since February 22, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, August 13 by Nomura. Maxim Group maintained it with “Buy” rating and $6.75 target in Friday, February 22 report. See New York Mortgage Trust, Inc. (NASDAQ:NYMT) latest ratings:

13/08/2019 Broker: Nomura Rating: Buy Old Target: $6.5 New Target: $7.0000 Maintain
27/04/2019 Broker: BidaskScore Rating: Hold Upgrade
14/04/2019 Broker: BidaskScore Rating: Sell Downgrade
30/03/2019 Broker: BidaskScore Rating: Hold Upgrade
27/03/2019 Broker: Nomura Rating: Buy New Target: $6.5 Initiates Coverage On
07/03/2019 Broker: BidaskScore Rating: Sell Downgrade
28/02/2019 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Underweight Downgrade
22/02/2019 Broker: Maxim Group Rating: Buy New Target: $6.75 Maintain

Garrison Bradford & Associates Inc decreased Blackstone Mtg (BXMT) stake by 5.58% reported in 2019Q1 SEC filing. Garrison Bradford & Associates Inc sold 20,549 shares as Blackstone Mtg (BXMT)’s stock declined 0.14%. The Garrison Bradford & Associates Inc holds 348,037 shares with $12.03M value, down from 368,586 last quarter. Blackstone Mtg now has $4.71 billion valuation. The stock decreased 0.76% or $0.27 during the last trading session, reaching $35.08. About 194,618 shares traded. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 7.77% since August 14, 2018 and is uptrending. It has outperformed by 7.77% the S&P500. Some Historical BXMT News: 24/04/2018 – Blackstone Mortgage Trust 1Q EPS 56c; 24/04/2018 – BLACKSTONE MORTGAGE 1Q CORE EPS 64C, EST. 63C; 21/04/2018 – DJ Blackstone Mortgage Trust Inc Cla, Inst Holders, 1Q 2018 (BXMT); 24/04/2018 – BLACKSTONE MORTGAGE TRUST INC QTRLY CORE SHR $0.64; 10/04/2018 – Blackstone Mortgage Trust Announces Closing of $1.8 Billion Financing for Tishman Speyer’s Spiral Development Project; 10/04/2018 – TISHMAN SPEYER SECURES ALL FINANCING TO BUILD $3.7 BLN 65-STORY OFFICE TOWER IN NEW YORK’S HUDSON YARDS; 24/04/2018 – BLACKSTONE MORTGAGE TRUST REPORTS 1Q GAAP EPS 56C/SHR; 24/04/2018 – BLACKSTONE MORTGAGE 1Q BOOK VALUE/SHR $26.95; 10/04/2018 – FINANCING FOR ‘THE SPIRAL’ PROJECT INCLUDES $1.9 BLN IN EQUITY FROM TISHMAN AND OTHERS; $1.8 BLN CONSTRUCTION LOAN FROM BLACKSTONE MORTGAGE TRUST INC BXMT.N; 22/03/2018 BLACKSTONE MORTGAGE TRUST REPORTS OFFERING OF $220M NOTES

Analysts await Blackstone Mortgage Trust, Inc. (NYSE:BXMT) to report earnings on October, 22. They expect $0.60 earnings per share, down 13.04% or $0.09 from last year’s $0.69 per share. BXMT’s profit will be $80.58M for 14.62 P/E if the $0.60 EPS becomes a reality. After $0.62 actual earnings per share reported by Blackstone Mortgage Trust, Inc. for the previous quarter, Wall Street now forecasts -3.23% negative EPS growth.

Investors sentiment decreased to 1.41 in 2019 Q1. Its down 0.11, from 1.52 in 2018Q4. It fall, as 23 investors sold BXMT shares while 68 reduced holdings. 40 funds opened positions while 88 raised stakes. 70.34 million shares or 2.32% less from 72.01 million shares in 2018Q4 were reported. Caisse De Depot Et Placement Du Quebec stated it has 100,000 shares. Schnieders Mgmt Ltd holds 0.1% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 6,925 shares. Point72 Asset Mgmt LP has 11,245 shares. Naples Glob Advsr Lc reported 0.28% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Bnp Paribas Arbitrage Sa has invested 0% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). 24,158 are owned by Creative Planning. Advisory Services Net Ltd Limited Liability Company holds 2,517 shares or 0.01% of its portfolio. Moreover, Delta Asset Mgmt Ltd Llc Tn has 0% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Foster Motley reported 6,883 shares. Raymond James Assocs accumulated 0.01% or 102,397 shares. State Street stated it has 0.01% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Virtu Ltd Limited Liability Company stated it has 0.02% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Moreover, State Of Alaska Department Of Revenue has 0.03% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Ubs Asset Mngmt Americas stated it has 111,961 shares or 0% of all its holdings. Aviva Public Limited Company has 0.01% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 24,163 shares.

More notable recent Blackstone Mortgage Trust, Inc. (NYSE:BXMT) news were published by: Seekingalpha.com which released: “Blackstone Mortgage Trust, Inc. (BXMT) CEO Steve Plavin on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” on July 24, 2019, also Seekingalpha.com with their article: “Blackstone Mortgage Trust: Time To Tread Carefully – Seeking Alpha” published on July 26, 2019, Prnewswire.com published: “Blackstone Mortgage Trust Reports Second Quarter 2019 Results – PRNewswire” on July 23, 2019. More interesting news about Blackstone Mortgage Trust, Inc. (NYSE:BXMT) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Blackstone Mortgage Trust Inc (BXMT) – Yahoo Finance” published on June 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Blackstone Mortgage Trust Inc (BXMT) A Good Stock To Buy ? – Yahoo Finance” with publication date: April 26, 2019.

New York Mortgage Trust, Inc., a real estate investment trust , acquires, invests in, finances, and manages mortgage-related and residential housing-related, and financial assets in the United States. The company has market cap of $1.31 billion. The companyÂ’s investment portfolio includes residential mortgage loans, including second mortgages and loans sourced from distressed markets; non-agency residential mortgage-backed securities; multi-family commercial mortgage-backed securities; and preferred equities. It has a 9.72 P/E ratio. It qualifies as a REIT for federal income tax purposes.

More notable recent New York Mortgage Trust, Inc. (NASDAQ:NYMT) news were published by: Nasdaq.com which released: “New York Mortgage Trust (NYMT) Misses Q2 Earnings and Revenue Estimates – Nasdaq” on August 05, 2019, also Nasdaq.com with their article: “New York Mortgage Trust Announces Preliminary Estimates of Select Financial Data for Second Quarter 2019 – Nasdaq” published on July 17, 2019, Nasdaq.com published: “Earnings Preview: New York Mortgage Trust (NYMT) Q2 Earnings Expected to Decline – Nasdaq” on July 29, 2019. More interesting news about New York Mortgage Trust, Inc. (NASDAQ:NYMT) were released by: Nasdaq.com and their article: “Pre-Market Most Active for Jul 18, 2019 : NYMT, FDC, ERIC, NFLX, AMD, FISV, NOK, TVIX, ACB, NVS, TEVA, TOT – Nasdaq” published on July 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “New York Mortgage Trust Inc (NYMT) Q2 2019 Earnings Call Transcript – Yahoo Finance” with publication date: August 07, 2019.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) Institutional Positions Chart

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