TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares Acquired by Nokomis Capital L.L.C.

Nokomis Capital L.L.C. boosted its position in TPG RE Finance Trust, Inc. (NYSE:TRTX) by 17.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,673 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Nokomis Capital L.L.C. owned about 0.25% of TPG RE Finance Trust worth $1,740,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in TRTX. Millennium Management LLC grew its holdings in shares of TPG RE Finance Trust by 6.9% in the 4th quarter. Millennium Management LLC now owns 1,053,474 shares of the company’s stock worth $8,955,000 after acquiring an additional 68,116 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in TPG RE Finance Trust by 7.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,101 shares of the company’s stock valued at $290,000 after purchasing an additional 2,478 shares during the last quarter. Graham Capital Management L.P. increased its position in shares of TPG RE Finance Trust by 124.7% in the fourth quarter. Graham Capital Management L.P. now owns 84,586 shares of the company’s stock valued at $719,000 after buying an additional 46,937 shares in the last quarter. FJ Capital Management LLC raised its stake in shares of TPG RE Finance Trust by 295.8% during the 4th quarter. FJ Capital Management LLC now owns 173,812 shares of the company’s stock worth $1,477,000 after buying an additional 129,902 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of TPG RE Finance Trust by 114.6% during the 4th quarter. Deutsche Bank AG now owns 130,903 shares of the company’s stock worth $1,113,000 after buying an additional 69,895 shares during the last quarter. Hedge funds and other institutional investors own 57.12% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on TRTX shares. JPMorgan Chase & Co. increased their price objective on shares of TPG RE Finance Trust from $7.00 to $8.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Wells Fargo & Company dropped their price objective on shares of 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.

TPG RE Finance Trust Price Performance

NYSE:TRTX opened at $7.99 on Wednesday. TPG RE Finance Trust, Inc. has a 12-month low of $6.47 and a 12-month high of $9.66. The firm has a market cap of $638.06 million, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of 0.25 and a beta of 1.63. The company’s 50-day moving average is $7.74 and its two-hundred day moving average is $8.34. The company has a current ratio of 156.81, a quick ratio of 152.83 and a debt-to-equity ratio of 2.14.

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

TPG RE Finance Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, March 28th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date was Friday, March 28th. TPG RE Finance Trust’s dividend payout ratio is currently 137.14%.

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.