Stratos Wealth Partners LTD. Boosts Stake in TPG RE Finance Trust, Inc. (NYSE:TRTX)

Stratos Wealth Partners LTD. lifted its holdings in TPG RE Finance Trust, Inc. (NYSE:TRTX) by 20.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,456 shares of the company’s stock after purchasing an additional 2,623 shares during the period. Stratos Wealth Partners LTD.’s holdings in TPG RE Finance Trust were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. SG Americas Securities LLC grew its position in shares of TPG RE Finance Trust by 125.4% in the third quarter. SG Americas Securities LLC now owns 25,652 shares of the company’s stock valued at $219,000 after purchasing an additional 14,273 shares during the period. Golden State Equity Partners lifted its stake in TPG RE Finance Trust by 5.4% in the 3rd quarter. Golden State Equity Partners now owns 105,170 shares of the company’s stock valued at $897,000 after buying an additional 5,410 shares in the last quarter. Summit Global Investments acquired a new stake in TPG RE Finance Trust in the 3rd quarter worth about $585,000. Los Angeles Capital Management LLC increased its stake in TPG RE Finance Trust by 9.2% during the 3rd quarter. Los Angeles Capital Management LLC now owns 154,722 shares of the company’s stock worth $1,320,000 after buying an additional 13,048 shares in the last quarter. Finally, GSA Capital Partners LLP raised its holdings in shares of TPG RE Finance Trust by 882.6% during the third quarter. GSA Capital Partners LLP now owns 206,078 shares of the company’s stock valued at $1,758,000 after acquiring an additional 185,105 shares during the last quarter. Institutional investors and hedge funds own 57.12% of the company’s stock.

TPG RE Finance Trust Trading Up 1.0 %

Shares of TPG RE Finance Trust stock opened at $8.69 on Friday. The company has a debt-to-equity ratio of 2.03, a current ratio of 152.83 and a quick ratio of 152.83. The stock’s 50 day simple moving average is $8.58 and its 200-day simple moving average is $8.65. The stock has a market cap of $702.88 million, a P/E ratio of 12.59, a P/E/G ratio of 0.27 and a beta of 2.16. TPG RE Finance Trust, Inc. has a 1-year low of $5.37 and a 1-year high of $9.66.

TPG RE Finance Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, December 27th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 11.05%. The ex-dividend date of this dividend was Friday, December 27th. TPG RE Finance Trust’s payout ratio is currently 139.13%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered their price target on TPG RE Finance Trust from $9.50 to $8.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to MarketBeat.com, TPG RE Finance Trust has a consensus rating of “Moderate Buy” and a consensus price target of $8.92.

About TPG RE Finance Trust

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.