Barclays PLC Has $1.04 Million Position in Claros Mortgage Trust, Inc. (NYSE:CMTG)

Barclays PLC increased its position in shares of Claros Mortgage Trust, Inc. (NYSE:CMTG) by 332.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,291 shares of the company’s stock after purchasing an additional 106,289 shares during the period. Barclays PLC owned approximately 0.10% of Claros Mortgage Trust worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company increased its stake in Claros Mortgage Trust by 6.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 45,992 shares of the company’s stock worth $369,000 after acquiring an additional 2,885 shares during the period. Blue Trust Inc. increased its stake in Claros Mortgage Trust by 2,260.7% during the 3rd quarter. Blue Trust Inc. now owns 5,406 shares of the company’s stock worth $43,000 after acquiring an additional 5,177 shares during the period. Atria Investments Inc increased its stake in Claros Mortgage Trust by 29.2% during the 3rd quarter. Atria Investments Inc now owns 25,743 shares of the company’s stock worth $193,000 after acquiring an additional 5,823 shares during the period. State Street Corp increased its stake in Claros Mortgage Trust by 0.3% during the 3rd quarter. State Street Corp now owns 2,165,863 shares of the company’s stock worth $16,436,000 after acquiring an additional 6,882 shares during the period. Finally, GSA Capital Partners LLP bought a new position in Claros Mortgage Trust during the 3rd quarter worth $101,000. Institutional investors own 89.53% of the company’s stock.

Claros Mortgage Trust Trading Up 0.5 %

NYSE CMTG opened at $4.11 on Tuesday. The company has a quick ratio of 20.68, a current ratio of 20.68 and a debt-to-equity ratio of 2.11. Claros Mortgage Trust, Inc. has a twelve month low of $3.94 and a twelve month high of $13.88. The company has a market cap of $572.78 million, a price-to-earnings ratio of -6.52 and a beta of 1.52. The business’s fifty day moving average is $6.15 and its 200 day moving average is $7.35.

Wall Street Analyst Weigh In

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

About Claros Mortgage Trust

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.