Bailard Inc. Acquires Shares of 53,000 Franklin BSP Realty Trust, Inc. $FBRT

Bailard Inc. bought a new position in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 53,000 shares of the company’s stock, valued at approximately $576,000. Bailard Inc. owned about 0.06% of Franklin BSP Realty Trust at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC lifted its position in shares of Franklin BSP Realty Trust by 126.7% during the 2nd quarter. CWM LLC now owns 2,428 shares of the company’s stock worth $26,000 after buying an additional 1,357 shares during the last quarter. Transce3nd LLC acquired a new position in Franklin BSP Realty Trust during the second quarter worth about $46,000. State of Wyoming acquired a new position in Franklin BSP Realty Trust during the second quarter worth about $47,000. Tower Research Capital LLC TRC lifted its holdings in shares of Franklin BSP Realty Trust by 39.5% in the second quarter. Tower Research Capital LLC TRC now owns 5,710 shares of the company’s stock worth $61,000 after acquiring an additional 1,617 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Franklin BSP Realty Trust by 47.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,438 shares of the company’s stock valued at $80,000 after purchasing an additional 2,394 shares in the last quarter. Institutional investors own 59.87% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on FBRT shares. Zacks Research cut shares of Franklin BSP Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Franklin BSP Realty Trust in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $14.00.

Franklin BSP Realty Trust Trading Down 1.4%

FBRT opened at $10.10 on Friday. The company has a debt-to-equity ratio of 3.32, a current ratio of 67.81 and a quick ratio of 67.81. Franklin BSP Realty Trust, Inc. has a fifty-two week low of $9.65 and a fifty-two week high of $13.58. The company’s 50 day moving average price is $10.28 and its two-hundred day moving average price is $10.65. The firm has a market capitalization of $823.85 million, a price-to-earnings ratio of 12.62 and a beta of 0.99.

Franklin BSP Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Wednesday, December 31st were issued a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a yield of 14.1%. The ex-dividend date was Wednesday, December 31st. Franklin BSP Realty Trust’s dividend payout ratio is presently 177.50%.

About Franklin BSP Realty Trust

Franklin BSP Realty Trust, Inc (NYSE: FBRT) is a publicly traded real estate investment trust sponsored by an affiliate of Franklin Square Capital Partners. The company focuses on acquiring, owning and managing single-tenant net leased commercial properties across the United States. Its portfolio spans retail, office, industrial and other property types, with leases structured to shift most property‐level responsibilities—such as maintenance, property taxes and insurance—to the tenants.

By concentrating on net lease investments, Franklin BSP Realty Trust aims to generate stable and predictable rental income streams.