1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership grew its stake in shares of TPG RE Finance Trust, Inc. ( NYSE:TRTX – Free Report ) by 90.9% during the 4th quarter, HoldingsChannel.
com reports. The fund owned 1,019,924 shares of the company’s stock after purchasing an additional 485,690 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in TPG RE Finance Trust were worth $8,669,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in TPG RE Finance Trust by 94.3% during the 3rd quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 155,932 shares of the company’s stock worth $1,330,000 after acquiring an additional 75,671 shares during the period. Barclays PLC raised its stake in shares of TPG RE Finance Trust by 385.9% in the third quarter.
Barclays PLC now owns 172,718 shares of the company’s stock worth $1,472,000 after purchasing an additional 137,171 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of TPG RE Finance Trust by 6.5% during the third quarter.
Geode Capital Management LLC now owns 1,456,883 shares of the company’s stock worth $12,430,000 after purchasing an additional 88,592 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in TPG RE Finance Trust in the third quarter valued at approximately $2,328,000. Finally, Jane Street Group LLC increased its holdings in TPG RE Finance Trust by 29.
2% in the 3rd quarter. Jane Street Group LLC now owns 176,298 shares of the company’s stock worth $1,504,000 after buying an additional 39,834 shares during the period. 57.
12% of the stock is owned by hedge funds and other institutional investors. TPG RE Finance Trust Stock Down 4.4 % TPG RE Finance Trust stock opened at $7.
52 on Monday. The business’s 50-day moving average price is $8.43 and its 200 day moving average price is $8.
58. The company has a quick ratio of 152.83, a current ratio of 156.
81 and a debt-to-equity ratio of 2.14. The firm has a market cap of $609.
39 million, a price-to-earnings ratio of 10.03, a price-to-earnings-growth ratio of 0.25 and a beta of 1.
78. TPG RE Finance Trust, Inc. has a 52 week low of $6.
99 and a 52 week high of $9.66. TPG RE Finance Trust Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th.
Shareholders of record on Friday, March 28th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, March 28th.
This represents a $0.96 dividend on an annualized basis and a yield of 12.76%.
TPG RE Finance Trust’s payout ratio is 128.00%. Wall Street Analysts Forecast Growth Separately, JPMorgan Chase & Co.
dropped their price objective on shares of TPG RE Finance Trust from $9.50 to $8.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st.
Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, TPG RE Finance Trust has an average rating of “Buy” and an average target price of $9.40.
Read Our Latest Research Report on TPG RE Finance Trust TPG RE Finance Trust Company Profile ( Free Report ) TPG RE Finance Trust, Inc, a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the multifamily, life science, mixed-use, hospitality, self storage, industrial, and retail real estate sectors. Read More Want to see what other hedge funds are holding TRTX? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for TPG RE Finance Trust, Inc. ( NYSE:TRTX – Free Report ). Receive News & Ratings for TPG RE Finance Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG RE Finance Trust and related companies with MarketBeat.
com's FREE daily email newsletter ..
