Wells Fargo & Company Increases TPG RE Finance Trust (NYSE:TRTX) Price Target to $11.00\n\nKey Points\n* Wells Fargo & Company has raised its target price for TPG RE Finance Trust (NYSE:TRTX) from $9.00 to $11.00, indicating a potential upside of 26.95% from the previous close.\n* While Wells Fargo maintains an \"overweight\" rating, Wall Street Zen has downgraded TRTX from \"hold\" to \"sell,\" reflecting mixed analyst sentiments on the stock.\n* Institutional investors now hold 57.12% of TPG RE Finance Trust's stock, with Long Pond Capital significantly increasing its position by 117.1% in the latest quarter.\n\nTPG RE Finance Trust ( - ) had its price objective lifted by from $9.00 to $11.00 in a research report sent to investors on Thursday morning, reports. currently has an overweight rating on the stock. A number of other research firms also recently issued reports on TRTX. downgraded TPG RE Finance Trust from a \"hold\" rating to a \"sell\" rating in a research report on Saturday, July 5th. JPMorgan Chase & Co. upped their price objective on shares of TPG RE Finance Trust from $7.00 to $8.00 and gave the stock an \"overweight\" rating in a research note on Thursday, May 1st.\n\nGet TPG RE Finance Trust alerts: Sign Up\n\nTPG RE Finance Trust Trading\nShares of traded down $0.02 during trading hours on Thursday, reaching $8.68. The stock had a trading volume of 687,030 shares, compared to its average volume of 627,402. TPG RE Finance Trust has a 52-week low of $6.47 and a 52-week high of $9.31. The firm has a market cap of $682.16 million, a price-to-earnings ratio of 13.35, a P/E/G ratio of 2.53 and a beta of 1.63. The business's fifty day moving average price is $8.02 and its two-hundred day moving average price is $8.03. The company has a current ratio of 193.29, a quick ratio of 182.89 and a debt-to-equity ratio of 2.75.\n\nTPG RE Finance Trust Dividend Announcement\nThe business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, July 25th were issued a $0.24 dividend. The ex-dividend date was Friday, June 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.1%. TPG RE Finance Trust's dividend payout ratio (DPR) is currently 147.69%.\n\nInstitutional Inflows and Outflows\nSeveral large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in TPG RE Finance Trust in the fourth quarter valued at about $548,000. Thrivent Financial for Lutherans bought a new stake in shares of TPG RE Finance Trust in the 4th quarter valued at about $672,000. KLP Kapitalforvaltning AS bought a new stake in shares of TPG RE Finance Trust in the 4th quarter valued at about $75,000. Vanguard Group Inc. grew its position in shares of TPG RE Finance Trust by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 4,939,620 shares of the company's stock worth $41,987,000 after buying an additional 63,529 shares during the last quarter. Finally, Prudential Financial Inc. bought a new position in shares of TPG RE Finance Trust during the 4th quarter worth approximately $1,526,000.\n\nAbout TPG RE Finance Trust ()\nTPG 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.

Wells Fargo & Company Increases TPG RE Finance Trust (NYSE:TRTX) Price Target to $11.00

Wells Fargo & Company raised its price target for TPG RE Finance Trust (NYSE:TRTX) from $9.00 to $11.00, reflecting a potential 26.95% upside. Analysts like Wall Street Zen downgraded the stock to "sell" from "hold", while institutional investors hold 57.12% of the company's shares. Key players like Long Pond Capital increased their stake by 117.1%, and major firms like Raymond James Financial Inc. and Vanguard Group Inc. adjusted their positions. The company also announced a quarterly dividend with a 11.1% yield.