Centaurus Financial Inc. decreased its position in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT – Get Rating) by 22.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 40,919 shares of the company’s stock after selling 11,644 shares during the period. Centaurus Financial Inc.’s holdings in Franklin BSP Realty Trust were worth $441,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of FBRT. Cullen Frost Bankers Inc. purchased a new stake in shares of Franklin BSP Realty Trust during the 3rd quarter worth approximately $29,000. CoreCap Advisors LLC purchased a new stake in Franklin BSP Realty Trust in the 2nd quarter valued at approximately $30,000. PNC Financial Services Group Inc. lifted its stake in Franklin BSP Realty Trust by 70.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,881 shares of the company’s stock valued at $39,000 after buying an additional 1,186 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Franklin BSP Realty Trust in the 1st quarter valued at approximately $40,000. Finally, Catalyst Capital Advisors LLC lifted its stake in Franklin BSP Realty Trust by 30.7% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 6,040 shares of the company’s stock valued at $65,000 after buying an additional 1,420 shares in the last quarter. Hedge funds and other institutional investors own 57.41% of the company’s stock.
Franklin BSP Realty Trust Price Performance
FBRT stock opened at $11.57 on Friday. Franklin BSP Realty Trust, Inc. has a 1 year low of $10.34 and a 1 year high of $16.20. The company has a debt-to-equity ratio of 3.37, a quick ratio of 58.30 and a current ratio of 82.63. The stock’s 50 day moving average price is $13.80 and its 200 day moving average price is $13.33. The firm has a market cap of $954.29 million, a P/E ratio of -13.94 and a beta of 1.51.
Franklin BSP Realty Trust Dividend Announcement
Franklin BSP Realty Trust Company Profile
Capstead Mortgage Corporation (Capstead) operates as a self-managed real estate investment trust (REIT). Capstead earns income from investing in a leveraged portfolio of residential mortgage pass-through securities consisting almost exclusively of adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the government-sponsored enterprises (GSEs)), or by an agency of the federal government, Government National Mortgage Association (Ginnie Mae).
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