Claros Mortgage Trust, Inc. (NYSE:CMTG) Holdings Lifted by XTX Topco Ltd

XTX Topco Ltd grew its position in Claros Mortgage Trust, Inc. (NYSE:CMTG) by 43.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,812 shares of the company’s stock after purchasing an additional 9,695 shares during the period. XTX Topco Ltd’s holdings in Claros Mortgage Trust were worth $119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CMTG. BNP Paribas Financial Markets bought a new position in Claros Mortgage Trust in the 4th quarter worth about $46,000. Townsquare Capital LLC bought a new position in Claros Mortgage Trust in the 4th quarter worth about $46,000. Squarepoint Ops LLC bought a new position in Claros Mortgage Trust in the 4th quarter worth about $46,000. Envestnet Asset Management Inc. bought a new position in Claros Mortgage Trust in the 4th quarter worth about $47,000. Finally, Avantax Advisory Services Inc. bought a new position in Claros Mortgage Trust in the 1st quarter worth about $61,000. Institutional investors own 89.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on CMTG. UBS Group reissued a “buy” rating and set a $4.00 target price (up previously from $3.50) on shares of Claros Mortgage Trust in a research note on Wednesday, May 21st. Keefe, Bruyette & Woods raised their target price on shares of Claros Mortgage Trust from $2.75 to $3.00 and gave the company an “underperform” rating in a research note on Tuesday.

Claros Mortgage Trust Stock Performance

Shares of CMTG opened at $3.47 on Friday. The firm’s 50 day moving average is $3.10 and its 200-day moving average is $2.97. The stock has a market capitalization of $484.76 million, a P/E ratio of -1.16 and a beta of 1.21. The company has a debt-to-equity ratio of 1.92, a current ratio of 30.23 and a quick ratio of 30.23. Claros Mortgage Trust, Inc. has a 12-month low of $2.13 and a 12-month high of $8.60.

About Claros Mortgage Trust

Claros Mortgage Trust, Inc operates as a real estate investment trust. It focuses on originating senior and subordinate loans on transitional commercial real estate assets in the United States. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.