TPG RE Finance Trust Inc (NYSE:TRTX) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 1,416,100 shares, an increase of 13.0% from the July 31st total of 1,253,500 shares. Based on an average daily volume of 290,600 shares, the short-interest ratio is presently 4.9 days. Currently, 2.4% of the company’s stock are short sold.

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in TPG RE Finance Trust by 4.3% in the second quarter. Vanguard Group Inc. now owns 5,051,534 shares of the company’s stock valued at $97,445,000 after acquiring an additional 205,989 shares during the last quarter. BlackRock Inc. lifted its stake in TPG RE Finance Trust by 25.4% in the second quarter. BlackRock Inc. now owns 4,481,550 shares of the company’s stock valued at $86,450,000 after acquiring an additional 907,657 shares during the last quarter. Nuveen Asset Management LLC lifted its stake in TPG RE Finance Trust by 32.4% in the second quarter. Nuveen Asset Management LLC now owns 1,534,030 shares of the company’s stock valued at $29,591,000 after acquiring an additional 375,362 shares during the last quarter. Bank of America Corp DE lifted its stake in TPG RE Finance Trust by 13.8% in the second quarter. Bank of America Corp DE now owns 1,092,191 shares of the company’s stock valued at $21,070,000 after acquiring an additional 132,383 shares during the last quarter. Finally, Timbercreek Investment Management Inc. lifted its stake in TPG RE Finance Trust by 86.7% in the second quarter. Timbercreek Investment Management Inc. now owns 993,197 shares of the company’s stock valued at $19,268,000 after acquiring an additional 461,331 shares during the last quarter. 52.34% of the stock is owned by institutional investors and hedge funds.

TPG RE Finance Trust stock traded up $0.10 during mid-day trading on Friday, reaching $20.16. The company’s stock had a trading volume of 11,172 shares, compared to its average volume of 225,675. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 2.30 and a beta of 0.34. TPG RE Finance Trust has a 12 month low of $17.81 and a 12 month high of $20.56. The business’s 50 day simple moving average is $19.59 and its 200 day simple moving average is $19.66. The company has a debt-to-equity ratio of 2.86, a quick ratio of 41.04 and a current ratio of 41.04.

TPG RE Finance Trust (NYSE:TRTX) last released its earnings results on Monday, July 29th. The company reported $0.43 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.43. The business had revenue of $42.24 million during the quarter, compared to the consensus estimate of $41.19 million. TPG RE Finance Trust had a net margin of 37.63% and a return on equity of 8.38%. During the same quarter last year, the firm earned $0.44 earnings per share. As a group, sell-side analysts expect that TPG RE Finance Trust will post 1.73 EPS for the current year.

Separately, Zacks Investment Research raised shares of TPG RE Finance Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd.

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 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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