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TPG RE Finance files to sell 9.39M shares of common stock for holders  16:58
06/17/20
06/17
16:58
06/17/20
16:58
TRTX

TPG RE Finance

$8.77 /

-0.23 (-2.56%)

 
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TRTX TPG RE Finance
$8.77 /

-0.23 (-2.56%)

TRTX TPG RE Finance
$8.77 /

-0.23 (-2.56%)

05/14/20 Wells Fargo
TPG RE Finance price target lowered to $9 from $22 at Wells Fargo
04/06/20 JMP Securities
TPG RE Finance price target lowered to $8 from $21 at JMP Securities
12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
TRTX TPG RE Finance
$8.77 /

-0.23 (-2.56%)

Over a month ago
Hot Stocks
TPG RE Finance announces strategic investment from Starwood Capital » 10:03
05/29/20
05/29
10:03
05/29/20
10:03
TRTX

TPG RE Finance

$7.46 /

-0.05 (-0.67%)

TPG RE Finance Trust…

TPG RE Finance Trust announced that it has entered into a definitive investment agreement with an affiliate of Starwood Capital Group for a commitment of up to $325M in new capital. Under the terms of the agreement, Starwood Capital has made a strategic, non-voting investment in the Company in the form of preferred stock and detachable warrants to purchase TRTX common stock. The investment will provide TRTX with immediate liquidity and access to additional capital at its option, ensuring the Company has the resources and flexibility to adapt amid the current market disruption, and grow its business as market conditions warrant. Proceeds from the initial closing will be used to make voluntary deleveraging payments under certain of the Company's secured financing facilities, and for general corporate purposes. TRTX will issue an aggregate of up to 13,000,000 shares of 11.0% Series B Cumulative Redeemable Preferred Stock and five-year net-share settled warrants to purchase an aggregate of up to 15,000,000 shares of TRTX's common stock, par value $0.001 per share, at an exercise price of $7.50 per share, for an aggregate cash purchase price of up to $325,000,000. The warrant exercise price represents an approximately 10% premium to the Company's volume-weighted average share price over the last 30 days. On May 28, 2020, TRTX issued 9,000,000 of the preferred shares and warrants to purchase 12,000,000 shares of the common stock for an aggregate purchase price of $225,000,000. TRTX may elect to sell to Starwood Capital an additional two tranches of securities, each of which consists of 2,000,000 preferred shares and warrants to purchase 1,500,000 shares of common stock, and each for a purchase price of $50,000,000 at any time prior to December 11, 2020.

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TRTX TPG RE Finance
$7.46 /

-0.05 (-0.67%)

TRTX TPG RE Finance
$7.46 /

-0.05 (-0.67%)

05/14/20 Wells Fargo
TPG RE Finance price target lowered to $9 from $22 at Wells Fargo
04/06/20 JMP Securities
TPG RE Finance price target lowered to $8 from $21 at JMP Securities
12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
TRTX TPG RE Finance
$7.46 /

-0.05 (-0.67%)

Recommendations
TPG RE Finance price target lowered to $9 from $22 at Wells Fargo » 07:33
05/14/20
05/14
07:33
05/14/20
07:33
TRTX

TPG RE Finance

$5.87 /

-0.86 (-12.78%)

Wells Fargo analyst…

Wells Fargo analyst Donald Fandetti lowered the firm's price target on TPG RE Finance to $9 from $22 following quarterly results and as COVID-19 pressures force asset sales. The analyst keeps an Overweight rating on the shares.

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TRTX TPG RE Finance
$5.87 /

-0.86 (-12.78%)

TRTX TPG RE Finance
$5.87 /

-0.86 (-12.78%)

04/06/20 JMP Securities
TPG RE Finance price target lowered to $8 from $21 at JMP Securities
12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
TRTX TPG RE Finance
$5.87 /

-0.86 (-12.78%)

Over a quarter ago
Hot Stocks
TPG RE Finance rises 44.6% » 10:00
04/06/20
04/06
10:00
04/06/20
10:00
TRTX

TPG RE Finance

$3.65 /

+1.13 (+44.84%)

TPG RE Finance is up…

TPG RE Finance is up 44.6%, or $1.12 to $3.64.

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TRTX TPG RE Finance
$3.65 /

+1.13 (+44.84%)

04/06/20 JMP Securities
TPG RE Finance price target lowered to $8 from $21 at JMP Securities
12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Hot Stocks
TPG RE Finance rises 28.1% » 09:47
04/06/20
04/06
09:47
04/06/20
09:47
TRTX

TPG RE Finance

$3.16 /

+0.64 (+25.40%)

TPG RE Finance is up…

TPG RE Finance is up 28.1%, or 71c to $3.23.

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TRTX TPG RE Finance
$3.16 /

+0.64 (+25.40%)

04/06/20 JMP Securities
TPG RE Finance price target lowered to $8 from $21 at JMP Securities
12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Recommendations
TPG RE Finance price target lowered to $8 from $21 at JMP Securities » 08:09
04/06/20
04/06
08:09
04/06/20
08:09
TRTX

TPG RE Finance

$2.52 /

-1.13 (-30.96%)

JMP Securities analyst…

JMP Securities analyst Steven DeLaney lowered the firm's price target on TPG RE Finance to $8 from $21 but keeps an Outperform rating on the shares. The analyst cites the impact of extreme dislocations in the credit and bond markets in mid- March as well as the expected spike in delinquency rates on residential and commercial mortgage loans over the next couple of months due to COVID-19 outbreak and stay-at-home orders, though he also sees a "ray of hope" as conditions began to improve last week, with AAA credit recovering as much as 100 bps.

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TRTX TPG RE Finance
$2.52 /

-1.13 (-30.96%)

12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Hot Stocks
TPG RE Finance falls -21.2% » 12:00
04/01/20
04/01
12:00
04/01/20
12:00
TRTX

TPG RE Finance

$4.31 /

-1.24 (-22.34%)

TPG RE Finance is down…

TPG RE Finance is down -21.2%, or -$1.16 to $4.33.

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TRTX TPG RE Finance
$4.31 /

-1.24 (-22.34%)

12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Hot Stocks
TPG RE Finance rises 67.3% » 10:00
03/26/20
03/26
10:00
03/26/20
10:00
TRTX

TPG RE Finance

$4.94 /

+1.95 (+65.22%)

TPG RE Finance is up…

TPG RE Finance is up 67.3%, or $2.00 to $4.99.

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TRTX TPG RE Finance
$4.94 /

+1.95 (+65.22%)

12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Hot Stocks
TPG RE Finance rises 38.6% » 09:47
03/26/20
03/26
09:47
03/26/20
09:47
TRTX

TPG RE Finance

$4.13 /

+1.14 (+38.13%)

TPG RE Finance is up…

TPG RE Finance is up 38.6%, or $1.15 to $4.13.

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TRTX TPG RE Finance
$4.13 /

+1.14 (+38.13%)

12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
Conference/Events
Citigroup to hold a conference » 04:55
03/04/20
03/04
04:55
03/04/20
04:55
AMH

American Homes 4 Rent

$27.87 /

+0.51 (+1.86%)

, BXP

Boston Properties

$132.84 /

-1.67 (-1.24%)

, CBL

CBL & Associates

$0.57 /

+0.0125 (+2.24%)

, CLI

Mack-Cali Realty

$20.83 /

+1.115 (+5.66%)

, COR

CoreSite Realty

$107.70 /

-1.74 (-1.59%)

, EGP

EastGroup Properties

$129.91 /

+0.77 (+0.60%)

, EQR

Equity Residential

$78.57 /

-0.51 (-0.64%)

, ESS

Essex Property Trust

$292.13 /

-1.06 (-0.36%)

, EXR

Extra Space Storage

$105.67 /

+0.26 (+0.25%)

, FR

First Industrial Realty

$40.41 /

+0.34 (+0.85%)

, HCP

HCP

$0.00 /

+ (+0.00%)

, HPP

Hudson Pacific

$32.57 /

-0.46 (-1.39%)

, INVH

Invitation Homes

$29.78 /

-0.06 (-0.20%)

, IRM

Iron Mountain

$31.40 /

-0.29 (-0.92%)

, KRG

Kite Realty Group

$16.44 /

-0.1 (-0.60%)

, LAMR

Lamar Advertising

$84.08 /

-0.74 (-0.87%)

, MAA

MAA

$137.42 /

+2.13 (+1.57%)

, OFC

Corporate Office Properties

$27.00 /

+0.51 (+1.93%)

, PEI

Pennsylvania REIT

$2.53 /

+0.22 (+9.52%)

, RHP

Ryman Hospitality

$66.13 /

-4.71 (-6.65%)

, RPT

RPT Realty

$13.08 /

-0.01 (-0.08%)

, SBAC

SBA Communications

$287.29 /

+2.13 (+0.75%)

, STOR

Store Capital

$33.28 /

-0.485 (-1.44%)

, TRTX

TPG RE Finance

$19.66 /

-0.34 (-1.70%)

, UDR

UDR

$47.42 /

+0.34 (+0.72%)

, WELL

Welltower

$77.05 /

+1.78 (+2.36%)

, WPG

Washington Prime

$2.59 /

+0.08 (+3.19%)

Global Property…

Global Property Conference will be held in Hollywood, FL on March 2-4.

ShowHide Related Items >><<
AMH American Homes 4 Rent
$27.87 /

+0.51 (+1.86%)

02/18/20 Wells Fargo
American Homes 4 Rent resumed with an Equal Weight at Wells Fargo
11/08/19 Goldman Sachs
American Homes 4 Rent initiated with a Buy at Goldman Sachs
08/01/19
American Homes 4 Rent downgraded to Neutral at BTIG on valuation
08/01/19 BTIG
American Homes 4 Rent downgraded to Neutral from Buy at BTIG
BXP Boston Properties
$132.84 /

-1.67 (-1.24%)

02/04/20 Mizuho
Boston Properties assumed with a Neutral at Mizuho
12/18/19 JPMorgan
JPMorgan makes 17 REIT rating changes in conjunction with 2020 outlook
12/18/19 JPMorgan
Boston Properties downgraded to Neutral from Overweight at JPMorgan
11/26/19 SunTrust
Boston Properties price target raised to $150 from $146 at SunTrust
CBL CBL & Associates
$0.57 /

+0.0125 (+2.24%)

12/03/19 Stifel
Stifel says CBL Properties dividend suspension likely surprise to some investors
05/31/19
CBL & Associates upgraded to Neutral from Sell at BTIG
05/31/19 BTIG
CBL & Associates upgraded to Neutral from Sell at BTIG
CLI Mack-Cali Realty
$20.83 /

+1.115 (+5.66%)

01/07/20 Stifel
Mack-Cali Realty downgraded to Hold from Buy at Stifel
01/06/20 Evercore ISI
Mack-Cali Realty upgraded to Outperform from In Line at Evercore ISI
12/20/19 Citi
UDR combination with Mack-Cali Realty is unlikely, says Citi
COR CoreSite Realty
$107.70 /

-1.74 (-1.59%)

02/11/20
Fly Intel: Top five analyst downgrades
02/11/20 BofA
CoreSite Realty downgraded to Underperform from Neutral at BofA
02/11/20 BofA
CoreSite Realty downgraded to Underperform from Neutral at BofA
01/23/20 JPMorgan
CoreSite Realty price target lowered to $105 from $110 at JPMorgan
EGP EastGroup Properties
$129.91 /

+0.77 (+0.60%)

10/07/19 Morgan Stanley
Duke Realty downgraded to Equal Weight on supply risk at Morgan Stanley
04/23/19 Evercore ISI
EastGroup Properties upgraded to In Line after beat and raise at Evercore ISI
04/23/19 Evercore ISI
EastGroup Properties upgraded to In Line from Underperform at Evercore ISI
EQR Equity Residential
$78.57 /

-0.51 (-0.64%)

01/31/20 Zelman
Equity Residential upgraded to Hold from Sell at Zelman
01/07/20 Raymond James
Raymond James upgrades homebuilder sector, makes three stock rating changes
01/07/20 Raymond James
Equity Residential downgraded to Underperform at Raymond James
ESS Essex Property Trust
$292.13 /

-1.06 (-0.36%)

01/28/20 BMO Capital
Essex Property Trust cut to Underperform from Market Perform at BMO Capital
01/28/20 BMO Capital
Essex Property Trust downgraded to Underperform from Market Perform at BMO Capital
12/18/19 RBC Capital
Essex Property Trust downgraded to Sector Perform from Outperform at RBC Capital
12/18/19 RBC Capital
Essex Property downgraded to Sector Perform from Outperform at RBC Capital
EXR Extra Space Storage
$105.67 /

+0.26 (+0.25%)

01/22/20 JPMorgan
Extra Space Storage initiated with a Neutral at JPMorgan
09/16/19 Morgan Stanley
Morgan Stanley downgrades Extra Space Storage to Underweight on supply headwinds
09/16/19 Morgan Stanley
Extra Space Storage downgraded to Underweight at Morgan Stanley
08/19/19 Stifel
Extra Space Storage initiated with a Buy at Stifel
FR First Industrial Realty
$40.41 /

+0.34 (+0.85%)

05/15/19 Goldman Sachs
First Industrial Realty initiated with a Buy at Goldman Sachs
05/15/19 Goldman Sachs
First Industrial Realty initiated with a Buy at Goldman Sachs
HCP HCP
$0.00 /

+ (+0.00%)

11/11/19
HCP management to meet with RBC Capital
10/08/19
Fly Intel: Top five analyst upgrades
10/08/19 JPMorgan
JPMorgan upgrades HCP and Spirit Realty, downgrades Taubman and Corporate Office
10/08/19 JPMorgan
HCP upgraded to Overweight from Neutral at JPMorgan
HPP Hudson Pacific
$32.57 /

-0.46 (-1.39%)

02/04/20 Mizuho
Hudson Pacific assumed with a Buy at Mizuho
01/15/20 Mizuho
Hudson Pacific upgraded to Buy from Neutral at Mizuho
11/08/19 Goldman Sachs
Hudson Pacific initiated with a Buy at Goldman Sachs
10/18/19 BTIG
Hudson Pacific, Kilroy Realty price targets raised at BTIG
INVH Invitation Homes
$29.78 /

-0.06 (-0.20%)

02/18/20 Wells Fargo
Invitation Homes resumed with an Overweight at Wells Fargo
12/12/19 Citi
Citi adds Americold Realty to Focus List in place of Invitation Homes
11/26/19 BofA
BofA/Merrill adds Invitation Homes, Allison Transmission to US 1 List
11/08/19 Goldman Sachs
Invitation Homes initiated with a Sell at Goldman Sachs
IRM Iron Mountain
$31.40 /

-0.29 (-0.92%)

01/27/20 Goldman Sachs
Bottoming paper prices a tailwind for Iron Mountain, says Goldman Sachs
08/02/19 Baird
Iron Mountain upgraded to Neutral from Underperform at Baird
07/11/19 Wells Fargo
Iron Mountain paper price worries 'overblown,' says Wells Fargo
07/11/19 BofA
BofA downgrades Iron Mountain to Underperform on recycled paper headwind
KRG Kite Realty Group
$16.44 /

-0.1 (-0.60%)

03/03/20
Kite raised to Buy, Retail Properties cut to sell in Compass Point REIT shake-up
03/03/20 Compass Point
Kite Realty Group upgraded to Buy from Neutral at Compass Point
01/06/20 BTIG
Kite Realty Group downgraded to Neutral from Buy at BTIG
01/06/20 BofA
Kite Realty Group upgraded to Neutral following asset sales at BofA
LAMR Lamar Advertising
$84.08 /

-0.74 (-0.87%)

02/26/20 MKM Partners
Lamar Advertising price target raised to $92 from $82 at MKM Partners
02/13/20 Imperial Capital
Lamar Advertising price target raised to $91 from $86 at Imperial Capital
10/23/19 Imperial Capital
Lamar Advertising downgraded to In-Line from Outperform at Imperial Capital
09/11/19 Imperial Capital
Lamar Advertising price target lowered to $86 from $89 at Imperial Capital
MAA MAA
$137.42 /

+2.13 (+1.57%)

01/15/20 Mizuho
MAA downgraded to Neutral from Buy at Mizuho
12/17/19 KeyBanc
MAA's near-term upside, relative outperformance 'limited,' says KeyBanc
12/17/19 KeyBanc
MAA downgraded to Sector Weight from Overweight at KeyBanc
11/26/19
Fly Intel: Top five analyst upgrades
OFC Corporate Office Properties
$27.00 /

+0.51 (+1.93%)

02/04/20 Mizuho
Corporate Office Properties assumed with a Neutral at Mizuho
02/03/20 Capital One
Corporate Office Properties upgraded to Overweight at Capital One
10/08/19 JPMorgan
Corporate Office Properties downgraded to Neutral from Overweight at JPMorgan
PEI Pennsylvania REIT
$2.53 /

+0.22 (+9.52%)

01/16/20 SunTrust
Pennsylvania REIT downgraded to Sell from Hold at SunTrust
01/15/20 SunTrust
Pennsylvania REIT downgraded to Sell from Hold at SunTrust
09/23/19 Citi
Pennsylvania REIT downgraded to Sell from Neutral at Citi
08/13/19 MUFG
MUFG raises REIT price targets after 'reasonably good' Q2 results
RHP Ryman Hospitality
$66.13 /

-4.71 (-6.65%)

12/20/19 Stifel
DiamondRock named top lodging REIT pick for 2020 at Stifel
11/11/19 SunTrust
Ryman Hospitality price target raised to $85 from $78 at SunTrust
09/03/19 Wells Fargo
Hurricane Dorian should further mute growth for lodging industry, says Wells Fargo
07/09/19
Fly Intel: Top five analyst downgrades
RPT RPT Realty
$13.08 /

-0.01 (-0.08%)

03/03/20 Compass Point
RPT Realty upgraded to Neutral from Sell at Compass Point
12/19/19 Baird
Baird raises view on Shopping Center REITs to Outperform, upgrades RPT Realty
12/19/19 Baird
RPT Realty upgraded to Outperform from Neutral at Baird
SBAC SBA Communications
$287.29 /

+2.13 (+0.75%)

03/02/20 BofA
SBA Communications upgraded to Buy from Neutral at BofA
02/24/20 SunTrust
SBA Communications price target raised to $330 from $255 at SunTrust
02/11/20 KeyBanc
T-Mobile, Sprint merger approval negative for Verizon/AT&T, says KeyBanc
01/13/20 Goldman Sachs
SBA Communications upgraded to Buy from Neutral at Goldman Sachs
STOR Store Capital
$33.28 /

-0.485 (-1.44%)

01/16/20 SunTrust
Store Capital downgraded to Hold from Buy at SunTrust
01/15/20 SunTrust
Store Capital downgraded to Hold from Buy at SunTrust
01/06/20 BTIG
Store Capital downgraded to Neutral from Buy at BTIG
08/27/19
Fly Intel: Top five analyst initiations
TRTX TPG RE Finance
$19.66 /

-0.34 (-1.70%)

12/02/19 Compass Point
TPG RE Finance initiated with a Buy at Compass Point
UDR UDR
$47.42 /

+0.34 (+0.72%)

01/16/20 Jefferies
UDR downgraded to Hold from Buy at Jefferies
01/16/20 Jefferies
UDR downgraded to Hold from Buy at Jefferies
12/17/19 KeyBanc
UDR, Inc. upgraded to Overweight from Sector Weight at KeyBanc
WELL Welltower
$77.05 /

+1.78 (+2.36%)

02/28/20 Raymond James
Welltower upgraded to Strong Buy from Market Perform at Raymond James
01/16/20
Ventas upgraded to Buy from Hold at Jefferies
01/07/20 Raymond James
Healthcare REIT sector downgraded to Market Weight at Raymond James
01/06/20 Evercore ISI
Welltower upgraded to Outperform from In Line at Evercore ISI
WPG Washington Prime
$2.59 /

+0.08 (+3.19%)

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