SG Americas Securities LLC Raises Stock Holdings in Claros Mortgage Trust, Inc. (NYSE:CMTG)

SG Americas Securities LLC boosted its holdings in shares of Claros Mortgage Trust, Inc. (NYSE:CMTG) by 18.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,769 shares of the company’s stock after purchasing an additional 3,694 shares during the quarter. SG Americas Securities LLC’s holdings in Claros Mortgage Trust were worth $107,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in CMTG. State Street Corp raised its stake in shares of Claros Mortgage Trust by 0.3% in the 3rd quarter. State Street Corp now owns 2,165,863 shares of the company’s stock valued at $16,436,000 after purchasing an additional 6,882 shares in the last quarter. Barclays PLC raised its stake in Claros Mortgage Trust by 332.1% during the third quarter. Barclays PLC now owns 138,291 shares of the company’s stock valued at $1,037,000 after buying an additional 106,289 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Claros Mortgage Trust by 236.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 479,430 shares of the company’s stock worth $3,591,000 after buying an additional 336,931 shares during the last quarter. Atria Investments Inc lifted its holdings 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 buying an additional 5,823 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Claros Mortgage Trust by 15.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,402,648 shares of the company’s stock worth $10,506,000 after acquiring an additional 188,950 shares in the last quarter. 89.53% of the stock is owned by institutional investors and hedge funds.

Claros Mortgage Trust Stock Down 2.5 %

Shares of Claros Mortgage Trust stock opened at $3.13 on Thursday. The stock has a market capitalization of $436.20 million, a price-to-earnings ratio of -4.97 and a beta of 1.57. Claros Mortgage Trust, Inc. has a twelve month low of $3.10 and a twelve month high of $10.27. The company has a current ratio of 20.68, a quick ratio of 20.68 and a debt-to-equity ratio of 2.11. The business’s 50 day simple moving average is $4.25 and its 200-day simple moving average is $6.28.

Wall Street Analysts Forecast Growth

CMTG has been the topic of several research reports. UBS Group raised Claros Mortgage Trust from a “neutral” rating to a “buy” rating and dropped their price target for the company from $8.00 to $6.00 in a research report on Friday, January 10th. JPMorgan Chase & Co. lowered their target price on shares of Claros Mortgage Trust from $9.00 to $6.50 and set a “neutral” rating for the company in a research note on Thursday, October 17th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Claros Mortgage Trust from $6.50 to $4.00 and set an “underperform” rating on the stock in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $6.13.

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.