TPG RE Finance Trust Inc (NYSE: TRTX) is 26.62% higher on its value in year-to-date trading and has touched a low of $4.64 and a high of $9.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRTX stock was last observed hovering at around $8.53 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $8.23, the stock is -6.11% and -5.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.78 million and changing -3.52% at the moment leaves the stock 5.15% off its SMA200. TRTX registered 22.29% gain for a year compared to 6-month gain of 7.86%. The firm has a 50-day simple moving average (SMA 50) of $8.6994 and a 200-day simple moving average (SMA200) of $7.8354.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -9.16% loss in the last 1 month and extending the period to 3 months gives it a -5.29%, and is -7.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.63% over the week and 2.72% over the month.
Fwd P/E is 7.44. Profit margin for the company is -7.44%. Distance from 52-week low is 77.18% and -14.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.89%).
with sales reaching $26.83M over the same period.The EPS is expected to grow by 132.20% this year, but quarterly earnings will post 22.00% year-over-year. Quarterly sales are estimated to grow 37.20% in year-over-year returns.
TPG RE Finance Trust Inc (TRTX) Top Institutional Holders
192.0 institutions hold shares in TPG RE Finance Trust Inc (TRTX), with institutional investors hold 82.90% of the company’s shares. The shares outstanding are 77.87M, and float is at 61.72M with Short Float at 2.30%. Institutions hold 73.22% of the Float.
The top institutional shareholder in the company is TPG GP A, LLC with over 7.09 million shares valued at $61.23 million. The investor’s holdings represent 9.1009% of the TRTX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.26 million shares valued at $45.48 million to account for 6.7597 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.67 million shares representing 5.9968% and valued at over $40.35 million, while NAN SHAN LIFE INSURANCE CO., LTD. holds 3.6645 of the shares totaling 2.85 million with a market value of $24.65 million.
TPG RE Finance Trust Inc (TRTX) Insider Activity
The most recent transaction is an insider sale by STARWOOD CAPITAL GROUP GLOBAL, the company’s 10% Owner. SEC filings show that STARWOOD CAPITAL GROUP GLOBAL sold 9,352,941 shares of the company’s common stock on May 08 ’24 at a price of $8.84 per share for a total of $82.68 million. Following the sale, the insider now owns 2.65 million shares.
TPG RE Finance Trust Inc disclosed in a document filed with the SEC on May 08 ’24 that PE Holder, L.L.C. (10% Owner) sold a total of 9,352,941 shares of the company’s common stock. The trade occurred on May 08 ’24 and was made at $8.84 per share for $82.68 million. Following the transaction, the insider now directly holds 2.65 million shares of the TRTX stock.
