TPG Target of Unusually High Options Trading (NASDAQ:TPG)

TPG Inc. (NASDAQ:TPGGet Rating) was the recipient of unusually large options trading on Monday. Traders purchased 4,007 put options on the stock. This represents an increase of approximately 646% compared to the typical daily volume of 537 put options.

Analyst Ratings Changes

TPG has been the subject of several research analyst reports. The Goldman Sachs Group increased their price objective on TPG to $31.00 in a research note on Monday, August 15th. Evercore ISI raised their price target on shares of TPG to $33.00 in a report on Monday, August 15th. Wells Fargo & Company upped their price objective on shares of TPG from $30.00 to $34.00 and gave the company an “equal weight” rating in a research note on Thursday, November 10th. Credit Suisse Group assumed coverage on shares of TPG in a research note on Tuesday, October 18th. They issued a “neutral” rating and a $27.50 price target on the stock. Finally, Jefferies Financial Group assumed coverage on TPG in a research report on Monday, October 17th. They set a “hold” rating and a $30.00 price objective for the company. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to, TPG presently has a consensus rating of “Hold” and a consensus target price of $33.88.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of TPG. Capital International Investors bought a new position in TPG in the first quarter valued at approximately $114,248,000. Capital Research Global Investors bought a new stake in shares of TPG in the first quarter worth $114,229,000. Vanguard Group Inc. bought a new position in shares of TPG in the 1st quarter valued at about $89,216,000. Pendal Group Ltd acquired a new position in shares of TPG during the 3rd quarter worth approximately $78,679,000. Finally, Massachusetts Financial Services Co. MA acquired a new position in TPG during the first quarter worth $74,934,000. 11.77% of the stock is currently owned by institutional investors and hedge funds.

TPG Stock Up 1.0 %

Shares of TPG opened at $38.90 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $30.69 and a two-hundred day moving average price of $28.61. The stock has a market cap of $12.01 billion and a price-to-earnings ratio of 486.31. TPG has a 12 month low of $23.09 and a 12 month high of $44.43.

TPG Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Monday, November 21st will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Friday, November 18th. TPG’s dividend payout ratio is 1,950.24%.

TPG Company Profile

(Get Rating)

TPG Inc operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies.

Further Reading

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