LDR Capital Management LLC Has $8.07 Million Position in TPG RE Finance Trust Inc (TRTX)

LDR Capital Management LLC raised its position in TPG RE Finance Trust Inc (NYSE:TRTX) by 30.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 411,586 shares of the company’s stock after acquiring an additional 97,150 shares during the quarter. TPG RE Finance Trust makes up about 6.5% of LDR Capital Management LLC’s holdings, making the stock its 7th biggest holding. LDR Capital Management LLC’s holdings in TPG RE Finance Trust were worth $8,067,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Nisa Investment Advisors LLC lifted its position in shares of TPG RE Finance Trust by 1,028.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 3,385 shares of the company’s stock worth $66,000 after buying an additional 3,085 shares during the last quarter. Barclays PLC purchased a new stake in shares of TPG RE Finance Trust during the 4th quarter worth approximately $106,000. Legal & General Group Plc lifted its position in shares of TPG RE Finance Trust by 10.4% during the 3rd quarter. Legal & General Group Plc now owns 5,916 shares of the company’s stock worth $119,000 after buying an additional 557 shares during the last quarter. Meeder Asset Management Inc. lifted its position in shares of TPG RE Finance Trust by 929.0% during the 1st quarter. Meeder Asset Management Inc. now owns 6,421 shares of the company’s stock worth $126,000 after buying an additional 5,797 shares during the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in shares of TPG RE Finance Trust by 182.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 8,418 shares of the company’s stock worth $165,000 after buying an additional 5,441 shares during the last quarter. Institutional investors own 40.68% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of TPG RE Finance Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 5th.

TRTX stock traded up $0.06 on Friday, hitting $19.79. The company’s stock had a trading volume of 154,771 shares, compared to its average volume of 334,940. TPG RE Finance Trust Inc has a 1 year low of $17.81 and a 1 year high of $21.05. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 11.57, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31. The company has a debt-to-equity ratio of 2.35, a current ratio of 95.39 and a quick ratio of 95.39.

TPG RE Finance Trust (NYSE:TRTX) last released its quarterly earnings results on Monday, February 25th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). TPG RE Finance Trust had a net margin of 40.07% and a return on equity of 8.50%. As a group, analysts anticipate that TPG RE Finance Trust Inc will post 1.76 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 25th. Investors of record on Friday, March 29th were given a $0.43 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.72 annualized dividend and a yield of 8.69%. TPG RE Finance Trust’s dividend payout ratio (DPR) is 101.18%.

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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 North America. It invests in commercial mortgage loans; and subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments secured by properties primarily in the office, mixed use, multifamily, industrial, retail, and hospitality real estate sectors.

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Institutional Ownership by Quarter for TPG RE Finance Trust (NYSE:TRTX)

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