Marshall Wace LLP Has $2.14 Million Stake in TPG RE Finance Trust, Inc. (NYSE:TRTX)

Marshall Wace LLP increased its holdings in shares of TPG RE Finance Trust, Inc. (NYSE:TRTX - Free Report) by 41.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 251,525 shares of the company's stock after acquiring an additional 73,809 shares during the period. Marshall Wace LLP owned about 0.31% of TPG RE Finance Trust worth $2,138,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TRTX. New Age Alpha Advisors LLC acquired a new position in TPG RE Finance Trust in the fourth quarter valued at about $43,000. McIlrath & Eck LLC acquired a new position in shares of TPG RE Finance Trust in the 3rd quarter worth approximately $58,000. KLP Kapitalforvaltning AS acquired a new position in shares of TPG RE Finance Trust in the 4th quarter worth approximately $75,000. Virtu Financial LLC bought a new stake in TPG RE Finance Trust during the 4th quarter worth approximately $85,000. Finally, Stratos Wealth Partners LTD. increased its holdings in TPG RE Finance Trust by 20.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 15,456 shares of the company's stock valued at $131,000 after purchasing an additional 2,623 shares in the last quarter. Institutional investors own 57.12% of the company's stock.

TPG RE Finance Trust Trading Up 1.3 %

Shares of NYSE TRTX traded up $0.10 during midday trading on Friday, hitting $7.65. The stock had a trading volume of 118,298 shares, compared to its average volume of 719,413. The firm has a market cap of $614.54 million, a P/E ratio of 10.19, a price-to-earnings-growth ratio of 0.25 and a beta of 1.78. TPG RE Finance Trust, Inc. has a fifty-two week low of $6.47 and a fifty-two week high of $9.66. The company has a debt-to-equity ratio of 2.14, a current ratio of 156.81 and a quick ratio of 152.83. The company's 50-day simple moving average is $7.87 and its 200 day simple moving average is $8.39.

TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.18). TPG RE Finance Trust had a return on equity of 7.57% and a net margin of 21.79%. The firm had revenue of $34.74 million for the quarter, compared to the consensus estimate of $27.98 million. Research analysts anticipate that TPG RE Finance Trust, Inc. will post 0.99 EPS for the current year.

TPG RE Finance Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, March 28th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.56%. TPG RE Finance Trust's dividend payout ratio (DPR) is presently 128.00%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Wells Fargo & Company decreased their target price on TPG RE Finance Trust from $10.00 to $9.00 and set an "overweight" rating on the stock in a report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of TPG RE Finance Trust from $7.00 to $8.00 and gave the stock an "overweight" rating in a report on Thursday.

TPG RE Finance Trust Profile

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.