Coppell Advisory Solutions LLC Acquires 1,138 Shares of Franklin BSP Realty Trust, Inc. $FBRT

Coppell Advisory Solutions LLC increased its stake in shares of Franklin BSP Realty Trust, Inc. (NYSE:FBRT) by 9.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,860 shares of the company’s stock after acquiring an additional 1,138 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Franklin BSP Realty Trust were worth $149,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of FBRT. Savvy Advisors Inc. acquired a new position in Franklin BSP Realty Trust during the 1st quarter worth approximately $377,000. Bank of New York Mellon Corp increased its holdings in shares of Franklin BSP Realty Trust by 24.2% during the first quarter. Bank of New York Mellon Corp now owns 714,485 shares of the company’s stock valued at $9,103,000 after acquiring an additional 139,417 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Franklin BSP Realty Trust by 1,683.5% during the first quarter. GAMMA Investing LLC now owns 4,637 shares of the company’s stock worth $59,000 after purchasing an additional 4,377 shares during the period. Deutsche Bank AG lifted its holdings in shares of Franklin BSP Realty Trust by 51.0% in the 4th quarter. Deutsche Bank AG now owns 74,962 shares of the company’s stock worth $940,000 after purchasing an additional 25,322 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Franklin BSP Realty Trust by 20.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 149,083 shares of the company’s stock valued at $1,870,000 after purchasing an additional 24,935 shares during the period. 59.87% of the stock is currently owned by institutional investors and hedge funds.

Franklin BSP Realty Trust Trading Down 0.3%

NYSE FBRT opened at $11.62 on Wednesday. The firm has a market capitalization of $956.09 million, a P/E ratio of 11.86 and a beta of 1.04. The business has a fifty day simple moving average of $10.95 and a 200 day simple moving average of $11.48. Franklin BSP Realty Trust, Inc. has a 12 month low of $9.79 and a 12 month high of $13.74. The company has a current ratio of 81.24, a quick ratio of 81.24 and a debt-to-equity ratio of 3.21.

Analyst Upgrades and Downgrades

Separately, Jones Trading lowered their price objective on shares of Franklin BSP Realty Trust from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $14.88.

Franklin BSP Realty Trust Profile

Benefit Street Partners operates as a self-managed real estate investment trust (REIT). BSP 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).