<div id="readability-page-1"><p>State of New Jersey Common Pension Fund A purchased a new stake in  TPG RE Finance Trust, Inc. (NYSE:TRTX - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor  purchased 3,149,148 shares of the company's stock, valued at approximately $26,957,000. TPG RE Finance Trust comprises  9.6% of State of New Jersey Common Pension Fund A's investment portfolio, making the stock its 3rd biggest position. State of New Jersey Common Pension Fund A owned approximately 4.02% of TPG RE Finance Trust at the end of the most recent quarter.</p><p>Several other institutional investors have also recently modified their holdings of the stock. CWM LLC grew its holdings in  TPG RE Finance Trust by 473.7% during the 2nd quarter. CWM LLC now owns 3,517 shares of the company's stock valued at $27,000 after buying an additional 2,904 shares during the last quarter.  BNP Paribas Financial Markets lifted its position in shares of  TPG RE Finance Trust by 86.6% in the second quarter. BNP Paribas Financial Markets now owns 6,494 shares of the company's stock valued at $50,000 after acquiring an additional 3,013 shares in the last quarter.  Tower Research Capital LLC TRC boosted its stake in shares of  TPG RE Finance Trust by 249.1% during the second quarter. Tower Research Capital LLC TRC now owns 6,818 shares of the company's stock valued at $53,000 after acquiring an additional 4,865 shares during the last quarter.  Ameritas Investment Partners Inc. boosted its stake in shares of  TPG RE Finance Trust by 24.5% during the second quarter. Ameritas Investment Partners Inc. now owns 6,998 shares of the company's stock valued at $54,000 after acquiring an additional 1,375 shares during the last quarter.  Finally, Strs Ohio purchased a new stake in  TPG RE Finance Trust during the 1st quarter worth about $87,000. 57.12% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>TPG RE Finance Trust</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><p>A number of research firms have issued reports on TRTX. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of TPG RE Finance Trust in a report on Monday, December 29th. Wall Street Zen raised shares of TPG RE Finance Trust from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, October 18th. Zacks Research lowered shares of TPG RE Finance Trust from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Monday, December 29th. Finally, JPMorgan Chase &amp; Co. lifted their target price on shares of TPG RE Finance Trust from $10.00 to $10.50 and gave the stock an &#34;overweight&#34; rating in a research note on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of &#34;Hold&#34; and an average target price of $10.75.</p><p><b>Check Out Our Latest Stock Analysis on TRTX</b></p><h2>TPG RE Finance Trust Stock Up 1.6%</h2><p>Shares of TRTX opened at $9.12 on Wednesday. The firm has a market cap of $713.73 million, a PE ratio of 14.03, a price-to-earnings-growth ratio of 1.71 and a beta of 1.54. The company's fifty day moving average is $9.00 and its two-hundred day moving average is $8.92. TPG RE Finance Trust, Inc. has a fifty-two week low of $6.47 and a fifty-two week high of $9.85. The company has a quick ratio of 166.64, a current ratio of 166.64 and a debt-to-equity ratio of 2.61. </p><p>TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). TPG RE Finance Trust had a return on equity of 6.37% and a net margin of 20.46%.The firm had revenue of $37.84 million for the quarter, compared to analyst estimates of $27.87 million.  Analysts forecast that  TPG RE Finance Trust, Inc. will post 0.99 earnings per share for the current year. </p><h2>TPG RE Finance Trust Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Friday, December 26th were paid a dividend of $0.24 per share. The ex-dividend date was Friday, December 26th. This represents a $0.96 annualized dividend and a yield of 10.5%. TPG RE Finance Trust's dividend payout ratio  is currently 147.69%. </p><h2>About TPG RE Finance Trust</h2> (Free Report)<p>TPG RE Finance Trust, Inc <span>NYSE: TRTX<span></span></span> is a growth-oriented real estate finance company that originates and invests in a diversified portfolio of commercial real estate debt. The company’s primary business activities include the origination and acquisition of senior mortgage loans, mezzanine loans and preferred equity investments. These investments predominantly finance multifamily, office, industrial, retail and hospitality properties across the United States. </p><p>TPG RE Finance Trust pursues a flexible capital strategy, structuring transactions that range from first-lien floating-rate loans to subordinated debt and preferred equity.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than TPG RE Finance Trust</li><li>America's Next Power Move Starts Underground</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>The biggest scam in the history of gold markets is unwinding</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSVFg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSVFg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TPG RE Finance Trust Right Now?</h2><p>Before you consider TPG RE Finance Trust, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TPG RE Finance Trust wasn't on the list.</p><p>While TPG RE Finance Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TRTX

<p>State of New Jersey Common Pension Fund A has acquired 3,149,148 shares of TPG RE Finance Trust, Inc. (NYSE:TRTX) valued at approximately $26.96 million, making it the fund's third largest position. The fund now holds about 4.02% of TPG RE Finance Trust. Other institutional investors have also increased their stakes in the company. TPG RE Finance Trust has received mixed ratings from analysts, with an average target price of $10.75. The stock is currently trading at $9.12, with a recent quarterly earnings report showing a slight miss on EPS estimates.</p>

State of New Jersey Common Pension Fund A Purchases Shares of 3,149,148 TPG RE Finance Trust, Inc. $TRTX