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Pinnacle Financial Partners Inc. owns $528,000 of Blackstone Mortgage Trust, Inc.’s stock (NYSE:BXMT)

Pinnacle Financial Partners Inc. owns $528,000 of Blackstone Mortgage Trust, Inc.’s stock (NYSE:BXMT)

According to the most recent report that Pinnacle Financial Partners Inc. submitted to the Securities and Exchange Commission (SEC), the company’s holdings in Blackstone Mortgage Trust, Inc. (NYSE: BXMT) were reduced during the company’s third quarter. This information was found in the most recent report that Pinnacle Financial Partners Inc. filed with the SEC. The fund had a total holding of 22,619 shares of the real estate investment trust’s stock before the sale of 4,765 shares during the quarter. Following the sale, the fund’s total holdings of the trust’s stock were as follows: According to the most recent report that Pinnacle Financial Partners Inc. submitted to the Securities and Exchange Commission, the value of the company’s holdings in Blackstone Mortgage Trust was estimated to be $528,000 at that time (SEC).

As a result of recent occurrences, a sizable number of additional institutional investors and hedge funds have shifted their positions about the stock. During the second quarter, Wall Street Access Asset Management LLC made a 3.6% purchase of additional Blackstone Mortgage Trust shares, bringing the total number of those shares it owned to 98.4%. As a result of the purchase of 355 additional shares during the most recent quarter, Wall Street Access Asset Management LLC now owns a total of 10,243 shares of the real estate investment trust. These shares have a value of $283,000 and give the company a market capitalization of $283,000. OVER THE SECOND QUARTER, Price T. Rowe Associates Inc. (MD) brought the total amount of Blackstone Mortgage Trust stock it owned to 0.7% higher than before. After purchasing an additional 389 shares during the most recent quarter, Price T. Rowe Associates Inc. (MD) now owns a total of 54,350 of the real estate investment trust’s shares, bringing the total value of their holdings to $1,504,000. This brings the total number of shares they own to 54,350. Koshinski Asset Management Inc. increased the percentage of Blackstone Mortgage Trust shares it owned by 5.4% during the second quarter. Koshinski Asset Management Inc. now holds 7,745 shares of the real estate investment trust’s stock, which has a market value of $214,000 after purchasing an additional 400 shares during the most recent fiscal quarter. The company purchased these shares. The Arizona State Retirement System increased the proportion of shares in Blackstone Mortgage Trust that it owned by 1.0% during the second quarter. As a result of the acquisition of 425 additional shares during the most recent quarter, the Arizona State Retirement System now holds a total of 43,408 shares of the real estate investment trust. This brings the total number of shares held by the system to 43,408. The current market value of these shares is USD 1,200,000.

Last but not least, during the second quarter, Cibc World Market Inc. increased its holdings in Blackstone Mortgage Trust by a factor of 2.0 percent. This certainly should not be considered the least important development. As a result of the purchase of an additional 435 shares during the most recent quarter, Cibc World Market Inc. now has a total portfolio value of $618,000 (based on today’s closing price), which corresponds to the total number of 22,347 shares that it currently possesses in the real estate investment trust. Shares of the company are held by various institutional investors, including hedge funds, to the extent that they collectively account for 54.01 percent of the total.

Recently, the company has been in communication with a variety of analysts, and they have provided their feedback. On Wednesday, the 26th of October, BTIG Research published a report stating that they had lowered their price target for Blackstone Mortgage Trust from $32.00 to $28.00. A graph accompanied the note. In a research report released on Monday, October 24th, JPMorgan Chase & Co. lowered their price target on Blackstone Mortgage Trust from $30.00 to $27.50 and rated the company as “neutral.” The Blackstone Mortgage Trust was the subject of the article. On October 12, StockNews.com published a research report, which marked the beginning of the website’s coverage of Blackstone Mortgage Trust. They recommended that shareholders “hold” their shares of the company. Keefe, Bruyette & Woods lowered their price objective on Blackstone Mortgage Trust from $26.00 to $24.00 and downgraded the company’s rating from “outperform” to “market perform.” On the 15th of December, a Thursday, a report was made available to the public. Credit Suisse Group lowered the price target for Blackstone Mortgage Trust to $27.00, and the announcement was

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