Analysts See $0.39 EPS for TPG RE Finance Trust, Inc. (TRTX); Par Capital Management Decreased Owens Corning New (OC) Holding

January 13, 2018 - By Ellis Scott

Analysts expect TPG RE Finance Trust, Inc. (NYSE:TRTX) to report $0.39 EPS on February, 5.TRTX’s profit would be $23.73 million giving it 12.10 P/E if the $0.39 EPS is correct. After having $0.35 EPS previously, TPG RE Finance Trust, Inc.’s analysts see 11.43% EPS growth. The stock decreased 0.84% or $0.16 during the last trading session, reaching $18.87. About 28,648 shares traded. TPG RE Finance Trust, Inc. (NYSE:TRTX) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Par Capital Management Inc decreased Owens Corning New (OC) stake by 12.02% reported in 2017Q3 SEC filing. Par Capital Management Inc sold 293,747 shares as Owens Corning New (OC)’s stock rose 7.09%. The Par Capital Management Inc holds 2.15 million shares with $166.38M value, down from 2.44M last quarter. Owens Corning New now has $10.67 billion valuation. The stock increased 0.45% or $0.43 during the last trading session, reaching $95.92. About 702,886 shares traded. Owens Corning (NYSE:OC) has risen 23.07% since January 13, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.32, from 0.94 in 2017Q2. It is positive, as 29 investors sold OC shares while 115 reduced holdings. 61 funds opened positions while 120 raised stakes. 101.20 million shares or 1.31% less from 102.55 million shares in 2017Q2 were reported. Bogle Inv Mgmt Lp De invested in 172,714 shares. Deutsche Savings Bank Ag owns 724,666 shares. Automobile Association has invested 0.09% in Owens Corning (NYSE:OC). New York-based Ny State Teachers Retirement System has invested 0% in Owens Corning (NYSE:OC). Voloridge Invest Limited Liability Corporation reported 66,567 shares. Rothschild Asset holds 480,573 shares. Alpine Global Mngmt Limited Liability Co owns 0.23% invested in Owens Corning (NYSE:OC) for 10,071 shares. Pacad Invest Limited invested in 0.1% or 5,898 shares. Holderness Investments owns 4,474 shares. Point72 Asset Mngmt Ltd Partnership owns 0.01% invested in Owens Corning (NYSE:OC) for 39,300 shares. The Washington-based Fisher Asset Management Ltd Co has invested 0.04% in Owens Corning (NYSE:OC). Qs Investors Ltd Liability Co holds 0.01% of its portfolio in Owens Corning (NYSE:OC) for 20,741 shares. Grantham Mayo Van Otterloo & Ltd Llc invested 0.02% in Owens Corning (NYSE:OC). 8,004 were accumulated by Cambridge Research Advsrs. Etrade Mgmt Limited Liability Com owns 11,895 shares.

Par Capital Management Inc increased Webster Finl Corp Conn (NYSE:WBS) stake by 50,100 shares to 210,100 valued at $11.04 million in 2017Q3. It also upped Bonanza Creek Energy Inc stake by 144,200 shares and now owns 436,900 shares. Delta Air Lines Inc Del (NYSE:DAL) was raised too.

Since August 4, 2017, it had 0 insider buys, and 7 insider sales for $15.64 million activity. 41,425 shares were sold by SMITH DANIEL T, worth $2.94 million. Chambers Brian sold 16,600 shares worth $1.12 million. THAMAN MICHAEL H sold 130,700 shares worth $9.80 million. The insider Genis Arnaud sold 6,000 shares worth $424,500. Schmidt Kelly also sold $102,852 worth of Owens Corning (NYSE:OC) shares. Francis Julian sold 2,679 shares worth $198,567. McMurray Michael C. sold $1.07 million worth of Owens Corning (NYSE:OC) on Friday, September 8.

Among 25 analysts covering Owens Corning (NYSE:OC), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. Owens Corning had 71 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital maintained Owens Corning (NYSE:OC) on Wednesday, June 28 with “Hold” rating. The rating was upgraded by Longbow on Thursday, January 21 to “Buy”. The stock of Owens Corning (NYSE:OC) earned “Buy” rating by Jefferies on Tuesday, October 3. On Monday, October 2 the stock rating was maintained by RBC Capital Markets with “Buy”. On Thursday, January 11 the stock rating was upgraded by Seaport Global to “Buy”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, July 23 report. The rating was upgraded by KeyBanc Capital Markets on Thursday, January 5 to “Overweight”. The firm has “Buy” rating by Jefferies given on Thursday, July 13. Barclays Capital maintained Owens Corning (NYSE:OC) on Thursday, October 22 with “Overweight” rating. On Monday, August 28 the stock rating was maintained by RBC Capital Markets with “Buy”.

Analysts await Owens Corning (NYSE:OC) to report earnings on February, 14. They expect $1.02 EPS, up 41.67% or $0.30 from last year’s $0.72 per share. OC’s profit will be $113.46 million for 23.51 P/E if the $1.02 EPS becomes a reality. After $1.25 actual EPS reported by Owens Corning for the previous quarter, Wall Street now forecasts -18.40% negative EPS growth.

Among 2 analysts covering TPG RE Finance Trust (NYSE:TRTX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. TPG RE Finance Trust had 2 analyst reports since August 18, 2017 according to SRatingsIntel. As per Tuesday, October 17, the company rating was reinitiated by Citigroup. The firm has “Mkt Outperform” rating by JMP Securities given on Friday, August 18.

TPG 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. The company has market cap of $1.15 billion. It invests in commercial mortgage loans; and subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments secured by properties primarily in the office, mixed use, multifamily, industrial, retail, and hospitality real estate sector. It has a 9.18 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes.

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