FJ Capital Management LLC Has $1.48 Million Stake in TPG RE Finance Trust, Inc. (NYSE:TRTX)

FJ Capital Management LLC raised its holdings in TPG RE Finance Trust, Inc. (NYSE:TRTX - Free Report) by 295.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,812 shares of the company's stock after purchasing an additional 129,902 shares during the quarter. FJ Capital Management LLC owned approximately 0.21% of TPG RE Finance Trust worth $1,477,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TRTX. New Age Alpha Advisors LLC bought a new position in TPG RE Finance Trust in the 4th quarter valued at $43,000. KLP Kapitalforvaltning AS bought a new stake in shares of TPG RE Finance Trust during the fourth quarter worth $75,000. Virtu Financial LLC bought a new stake in shares of TPG RE Finance Trust during the fourth quarter worth $85,000. Stratos Wealth Partners LTD. raised its position in shares of TPG RE Finance Trust by 20.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 15,456 shares of the company's stock worth $131,000 after acquiring an additional 2,623 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new stake in shares of TPG RE Finance Trust during the fourth quarter worth $134,000. Institutional investors own 57.12% of the company's stock.

Analyst Upgrades and Downgrades

TRTX has been the subject of a number of recent research reports. Wells Fargo & Company dropped 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 report on Thursday, May 1st. JPMorgan Chase & Co. boosted their target price on TPG RE Finance Trust from $7.00 to $8.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st.

TPG RE Finance Trust Trading Up 0.9%

NYSE TRTX traded up $0.07 on Friday, reaching $7.67. The company had a trading volume of 576,837 shares, compared to its average volume of 645,226. The stock's 50 day moving average is $7.77 and its 200-day moving average is $8.35. The stock has a market cap of $612.50 million, a price-to-earnings ratio of 10.23, a PEG ratio of 0.25 and a beta of 1.63. The company has a quick ratio of 152.83, a current ratio of 156.81 and a debt-to-equity ratio of 2.14. TPG RE Finance Trust, Inc. has a 52 week low of $6.47 and a 52 week high of $9.66.

TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.18). The company had revenue of $34.74 million during the quarter, compared to the consensus estimate of $27.98 million. TPG RE Finance Trust had a net margin of 21.79% and a return on equity of 7.57%. Equities analysts predict that TPG RE Finance Trust, Inc. will post 0.99 earnings per share 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 issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.96 dividend on an annualized basis and a yield of 12.52%. TPG RE Finance Trust's dividend payout ratio is presently 137.14%.

TPG RE Finance Trust Company 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.