TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of TPG RE Finance Trust, Inc. (NYSE:TRTX - Free Report) by 23.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 193,214 shares of the company's stock after acquiring an additional 37,282 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.24% of TPG RE Finance Trust worth $1,642,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TRTX. Squarepoint Ops LLC purchased a new position in shares of TPG RE Finance Trust during the 4th quarter worth $203,000. Two Sigma Advisers LP raised its stake in shares of TPG RE Finance Trust by 23.6% in the 4th quarter. Two Sigma Advisers LP now owns 1,585,600 shares of the company's stock valued at $13,478,000 after acquiring an additional 303,100 shares during the period. Two Sigma Investments LP raised its stake in shares of TPG RE Finance Trust by 17.9% in the 4th quarter. Two Sigma Investments LP now owns 1,015,597 shares of the company's stock valued at $8,633,000 after acquiring an additional 154,401 shares during the period. State of Wyoming lifted its holdings in shares of TPG RE Finance Trust by 2.9% in the 4th quarter. State of Wyoming now owns 48,955 shares of the company's stock worth $416,000 after acquiring an additional 1,374 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of TPG RE Finance Trust by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 16,797 shares of the company's stock worth $143,000 after purchasing an additional 5,527 shares during the period. Hedge funds and other institutional investors own 57.12% of the company's stock.

TPG RE Finance Trust Stock Up 1.1%

Shares of NYSE:TRTX traded up $0.09 on Thursday, hitting $8.12. 554,704 shares of the company's stock were exchanged, compared to its average volume of 647,508. The company has a debt-to-equity ratio of 2.14, a quick ratio of 152.83 and a current ratio of 156.81. The firm's 50-day moving average is $7.50 and its 200 day moving average is $8.20. The company has a market capitalization of $648.44 million, a PE ratio of 10.83, a P/E/G ratio of 0.25 and a beta of 1.62. TPG RE Finance Trust, Inc. has a 1-year low of $6.47 and a 1-year high of $9.66.

TPG RE Finance Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, March 28th were given a $0.24 dividend. The ex-dividend date was Friday, March 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.82%. TPG RE Finance Trust's dividend payout ratio (DPR) is presently 137.14%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. JPMorgan Chase & Co. raised their price target on shares of TPG RE Finance Trust from $7.00 to $8.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Wells Fargo & Company lowered their target price on TPG RE Finance Trust from $10.00 to $9.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Finally, Wall Street Zen lowered TPG RE Finance Trust from a "hold" rating to a "sell" rating in a research report on Friday, May 30th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $9.50.

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.