TPG RE Finance Trust, Inc. (NYSE:TRTX) CEO Greta Guggenheim acquired 10,000 shares of TPG RE Finance Trust stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of $19.19 per share, with a total value of $191,900.00. The purchase was disclosed in a filing with the SEC, which is available at this link.

TPG RE Finance Trust, Inc. (TRTX) traded down $0.08 during mid-day trading on Thursday, reaching $19.33. 42,200 shares of the company’s stock were exchanged, compared to its average volume of 144,629. The company has a debt-to-equity ratio of 1.27, a current ratio of 10.75 and a quick ratio of 10.75. TPG RE Finance Trust, Inc. has a fifty-two week low of $18.61 and a fifty-two week high of $20.70.

TPG RE Finance Trust (NYSE:TRTX) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.35 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.35. The business had revenue of $27.58 million during the quarter, compared to analysts’ expectations of $26.00 million. During the same period last year, the company posted $0.43 EPS. TPG RE Finance Trust’s revenue for the quarter was up 17.5% on a year-over-year basis. equities research analysts forecast that TPG RE Finance Trust, Inc. will post 1.96 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. State of New Jersey Common Pension Fund D purchased a new stake in shares of TPG RE Finance Trust in the 3rd quarter valued at $791,000. HGI Capital Management LLC bought a new stake in TPG RE Finance Trust during the 3rd quarter valued at $459,000. Schwab Charles Investment Management Inc. bought a new stake in TPG RE Finance Trust during the 3rd quarter valued at $790,000. Bank of New York Mellon Corp bought a new stake in TPG RE Finance Trust during the 3rd quarter valued at $652,000. Finally, Alyeska Investment Group L.P. bought a new stake in TPG RE Finance Trust during the 3rd quarter valued at $22,073,000. 26.37% of the stock is owned by institutional investors.

A number of research firms have commented on TRTX. Citigroup began coverage on shares of TPG RE Finance Trust in a research note on Monday, August 14th. They issued a “neutral” rating and a $22.00 price target for the company. Bank of America began coverage on shares of TPG RE Finance Trust in a research note on Monday, August 14th. They issued a “buy” rating and a $21.00 price target for the company. J P Morgan Chase & Co began coverage on shares of TPG RE Finance Trust in a research note on Monday, August 14th. They issued a “neutral” rating and a $20.50 price target for the company. Zacks Investment Research cut shares of TPG RE Finance Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, JMP Securities began coverage on shares of TPG RE Finance Trust in a research note on Friday, August 18th. They issued an “outperform” rating and a $21.50 price target for the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $21.33.

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About TPG RE Finance Trust

TPG RE Finance Trust, Inc is a commercial real estate finance company. The Company is engaged in originating, acquiring and managing commercial mortgage loans and other commercial real estate-related debt instruments. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation, such as re-tenanting, refurbishment or other form of repositioning.

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