GSA Capital Partners LLP Takes Position in Claros Mortgage Trust, Inc. (NYSE:CMTG)

GSA Capital Partners LLP bought a new stake in shares of Claros Mortgage Trust, Inc. (NYSE:CMTG) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 13,523 shares of the company’s stock, valued at approximately $101,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gladius Capital Management LP acquired a new stake in shares of Claros Mortgage Trust in the 2nd quarter valued at about $33,000. Blue Trust Inc. grew its position in shares of Claros Mortgage Trust by 2,260.7% during the 3rd quarter. Blue Trust Inc. now owns 5,406 shares of the company’s stock valued at $43,000 after buying an additional 5,177 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Claros Mortgage Trust by 32.2% in the first quarter. SG Americas Securities LLC now owns 10,891 shares of the company’s stock worth $106,000 after acquiring an additional 2,651 shares during the last quarter. Simplicity Wealth LLC acquired a new position in Claros Mortgage Trust in the second quarter valued at approximately $121,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of Claros Mortgage Trust during the 1st quarter worth approximately $140,000. Hedge funds and other institutional investors own 89.53% of the company’s stock.

Claros Mortgage Trust Trading Up 8.7 %

Claros Mortgage Trust stock opened at $7.05 on Tuesday. Claros Mortgage Trust, Inc. has a 12 month low of $6.08 and a 12 month high of $15.25. The stock has a market cap of $981.79 million, a price-to-earnings ratio of -11.08 and a beta of 1.51. The business has a 50 day moving average price of $6.91 and a two-hundred day moving average price of $7.79. The company has a quick ratio of 20.68, a current ratio of 20.68 and a debt-to-equity ratio of 2.11.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CMTG. Wells Fargo & Company downgraded Claros Mortgage Trust from an “equal weight” rating to an “underweight” rating and set a $8.00 price objective for the company. in a research report on Friday, September 20th. JPMorgan Chase & Co. dropped their price target on shares of Claros Mortgage Trust from $9.00 to $6.50 and set a “neutral” rating on the stock in a research report on Thursday, October 17th. UBS Group decreased their price target on shares of Claros Mortgage Trust from $8.50 to $8.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods increased their price objective on Claros Mortgage Trust from $6.75 to $7.25 and gave the company an “underperform” rating in a research report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.44.

Claros Mortgage Trust Company Profile

Claros Mortgage Trust, Inc operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.