American Homes 4 R (AMH) Position Held by Duff & Phelps Investment Management Co; As Blackstone Mortgage Trust (BXMT) Stock Price Declined, Holder Yorktown Management & Research Co Has Cut by $320,000 Its Position

April 17, 2018 - By Nellie Frank

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

Duff & Phelps Investment Management Co increased its stake in American Homes 4 R (AMH) by 1.76% based on its latest 2017Q4 regulatory filing with the SEC. Duff & Phelps Investment Management Co bought 56,300 shares as the company’s stock declined 10.74% with the market. The institutional investor held 3.26M shares of the real estate investment trusts company at the end of 2017Q4, valued at $71.13M, up from 3.20M at the end of the previous reported quarter. Duff & Phelps Investment Management Co who had been investing in American Homes 4 R for a number of months, seems to be bullish on the $6.77B market cap company. The stock increased 0.76% or $0.15 during the last trading session, reaching $19.89. About 895,628 shares traded. American Homes 4 Rent (NYSE:AMH) has declined 16.06% since April 17, 2017 and is downtrending. It has underperformed by 27.61% the S&P500.

Yorktown Management & Research Co Inc decreased its stake in Blackstone Mortgage Trust Inc. (BXMT) by 10% based on its latest 2017Q4 regulatory filing with the SEC. Yorktown Management & Research Co Inc sold 10,000 shares as the company’s stock declined 2.91% with the market. The institutional investor held 90,000 shares of the consumer services company at the end of 2017Q4, valued at $2.90 million, down from 100,000 at the end of the previous reported quarter. Yorktown Management & Research Co Inc who had been investing in Blackstone Mortgage Trust Inc. for a number of months, seems to be less bullish one the $3.37B market cap company. The stock increased 0.55% or $0.17 during the last trading session, reaching $31.17. About 612,858 shares traded. Blackstone Mortgage Trust, Inc. (NYSE:BXMT) has risen 2.42% since April 17, 2017 and is uptrending. It has underperformed by 9.13% the S&P500.

Yorktown Management & Research Co Inc, which manages about $931.40 million and $346.74 million US Long portfolio, upped its stake in Merck & Co. Inc. (NYSE:MRK) by 11,000 shares to 15,500 shares, valued at $872,000 in 2017Q4, according to the filing. It also increased its holding in Pfizer Inc. (NYSE:PFE) by 19,500 shares in the quarter, for a total of 55,900 shares, and has risen its stake in Hackett Group Inc. (NASDAQ:HCKT).

Investors sentiment increased to 1.69 in 2017 Q4. Its up 0.38, from 1.31 in 2017Q3. It is positive, as 13 investors sold BXMT shares while 55 reduced holdings. 36 funds opened positions while 79 raised stakes. 62.63 million shares or 13.49% more from 55.19 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage has invested 0% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Cap Ok reported 0.83% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Dorsey And Whitney Tru Co Limited Liability Co accumulated 9,013 shares. Sei Invs has 0.01% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 47,672 shares. Naples Glob Ltd Liability Com, a Florida-based fund reported 19,807 shares. Art Advsrs Lc stated it has 14,800 shares or 0.02% of all its holdings. Morgan Stanley reported 2.54M shares. Narwhal Cap accumulated 18,555 shares. Wellington Shields Communications Llc holds 0.47% in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) or 26,925 shares. Moreover, State Bank Of Montreal Can has 0.02% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 658,760 shares. Richard Bernstein Advsr Ltd has 0.02% invested in Blackstone Mortgage Trust, Inc. (NYSE:BXMT) for 12,329 shares. Evercore Wealth Mngmt Limited Liability Co reported 0% of its portfolio in Blackstone Mortgage Trust, Inc. (NYSE:BXMT). Mariner Wealth Advsrs Lc reported 180,440 shares. Bridgecreek Management Lc holds 0.63% or 83,175 shares. Magnetar Fin Limited Company invested in 16,347 shares.

Among 10 analysts covering Blackstone Mortgage Trust Inc (NYSE:BXMT), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Blackstone Mortgage Trust Inc had 20 analyst reports since January 26, 2016 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Thursday, February 15. The stock of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 7. The stock has “Buy” rating by FBR Capital on Friday, December 1. The company was reinitiated on Wednesday, December 6 by Wells Fargo. Keefe Bruyette & Woods maintained it with “Buy” rating and $3300 target in Thursday, July 6 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, May 29. The firm earned “Neutral” rating on Thursday, December 15 by Bank of America. As per Thursday, September 14, the company rating was maintained by Keefe Bruyette & Woods. Credit Suisse initiated the shares of BXMT in report on Monday, April 18 with “Outperform” rating. J.P. Morgan downgraded the stock to “Hold” rating in Tuesday, February 6 report.

Since February 28, 2018, it had 0 buys, and 3 sales for $27,793 activity. On Wednesday, February 28 the insider Armer Douglas N. sold $17,980. 200 shares valued at $6,248 were sold by Marone Anthony F. JR on Wednesday, February 28.

Analysts await Blackstone Mortgage Trust, Inc. (NYSE:BXMT) to report earnings on April, 24 after the close. They expect $0.58 earnings per share, up 5.45% or $0.03 from last year’s $0.55 per share. BXMT’s profit will be $62.74 million for 13.44 P/E if the $0.58 EPS becomes a reality. After $0.59 actual earnings per share reported by Blackstone Mortgage Trust, Inc. for the previous quarter, Wall Street now forecasts -1.69% negative EPS growth.

Among 13 analysts covering American Homes 4 Rent (NYSE:AMH), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. American Homes 4 Rent had 29 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Evercore on Monday, June 5 with “In-Line”. Mizuho maintained the shares of AMH in report on Monday, March 19 with “Buy” rating. The stock has “Sell” rating by Zacks on Tuesday, August 18. Evercore upgraded American Homes 4 Rent (NYSE:AMH) on Monday, December 4 to “Outperform” rating. The firm has “Buy” rating given on Friday, March 24 by FBR Capital. JP Morgan upgraded the shares of AMH in report on Friday, December 15 to “Overweight” rating. Robert W. Baird maintained American Homes 4 Rent (NYSE:AMH) on Wednesday, March 28 with “Buy” rating. BTIG Research initiated American Homes 4 Rent (NYSE:AMH) on Tuesday, October 10 with “Buy” rating. J.P. Morgan upgraded it to “Buy” rating and $26.0 target in Friday, December 15 report. The company was maintained on Friday, February 23 by Keefe Bruyette & Woods.

Investors sentiment increased to 1.8 in 2017 Q4. Its up 0.49, from 1.31 in 2017Q3. It is positive, as 19 investors sold AMH shares while 60 reduced holdings. 36 funds opened positions while 106 raised stakes. 254.23 million shares or 2.02% more from 249.20 million shares in 2017Q3 were reported. Invesco Limited invested in 8.33 million shares. Public Employees Retirement Association Of Colorado owns 0% invested in American Homes 4 Rent (NYSE:AMH) for 28,750 shares. Fincl Architects holds 0% or 778 shares. Illinois-based Envestnet Asset Mngmt has invested 0% in American Homes 4 Rent (NYSE:AMH). Cap Growth Mngmt LP holds 1.19% of its portfolio in American Homes 4 Rent (NYSE:AMH) for 1.31 million shares. Sei Invs Com holds 0.06% or 802,755 shares in its portfolio. Fund Sa accumulated 310,053 shares or 0.04% of the stock. Vanguard Gp Inc accumulated 0.04% or 38.68M shares. Sg Americas Secs Lc has 17,393 shares for 0% of their portfolio. Cipher Capital Lp invested in 0.21% or 118,524 shares. Brookfield Asset Mngmt Inc accumulated 8.06M shares. Real Services Ltd Limited Liability Company holds 2.91% or 573,000 shares. Nomura Asset Management Limited accumulated 144,690 shares. Ubs Asset Management Americas has invested 0.01% of its portfolio in American Homes 4 Rent (NYSE:AMH). Alyeska Investment Grp Ltd Partnership owns 0.06% invested in American Homes 4 Rent (NYSE:AMH) for 300,000 shares.

Duff & Phelps Investment Management Co, which manages about $9.24B and $6.99 billion US Long portfolio, decreased its stake in Brixmor Property G (NYSE:BRX) by 246,600 shares to 2.23M shares, valued at $41.66M in 2017Q4, according to the filing. It also reduced its holding in Amern Elec Pwr Inc (NYSE:AEP) by 40,000 shares in the quarter, leaving it with 1.47 million shares, and cut its stake in Dcp Midstream Lp (NYSE:DPM).

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By1 Nellie Frank

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