Renaissance Technologies LLC Has $4.59 Million Stock Position in Franklin BSP Realty Trust, Inc. (NYSE:FBRT)

Renaissance Technologies LLC boosted its holdings in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT – Get Rating) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 425,800 shares of the company’s stock after purchasing an additional 23,500 shares during the quarter. Renaissance Technologies LLC owned about 0.52% of Franklin BSP Realty Trust worth $4,586,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of FBRT. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Franklin BSP Realty Trust in the first quarter valued at about $680,000. Bank of New York Mellon Corp lifted its stake in Franklin BSP Realty Trust by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 374,100 shares of the company’s stock worth $5,231,000 after purchasing an additional 10,905 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Franklin BSP Realty Trust by 70.0% in the first quarter. PNC Financial Services Group Inc. now owns 2,881 shares of the company’s stock valued at $39,000 after purchasing an additional 1,186 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Franklin BSP Realty Trust during the 1st quarter worth about $851,000. Finally, MetLife Investment Management LLC boosted its position in shares of Franklin BSP Realty Trust by 49.8% during the 1st quarter. MetLife Investment Management LLC now owns 21,555 shares of the company’s stock worth $301,000 after purchasing an additional 7,167 shares in the last quarter. Institutional investors own 57.41% of the company’s stock.

Franklin BSP Realty Trust Trading Down 3.9 %

NYSE:FBRT opened at $12.27 on Monday. The firm has a 50-day moving average price of $13.90 and a two-hundred day moving average price of $13.38. The company has a debt-to-equity ratio of 3.37, a quick ratio of 58.30 and a current ratio of 82.63. Franklin BSP Realty Trust, Inc. has a 52 week low of $10.34 and a 52 week high of $16.20. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of -14.78 and a beta of 1.51.

Franklin BSP Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 11th. Stockholders of record on Friday, December 30th were issued a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 11.57%. The ex-dividend date of this dividend was Thursday, December 29th. Franklin BSP Realty Trust’s dividend payout ratio is currently -171.08%.

About Franklin BSP Realty Trust

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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).