Arlington Trust Co LLC Acquires New Position in Claros Mortgage Trust, Inc. (NYSE:CMTG)

Arlington Trust Co LLC acquired a new stake in shares of Claros Mortgage Trust, Inc. (NYSE:CMTG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,500 shares of the company’s stock, valued at approximately $43,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in Claros Mortgage Trust by 2,260.7% during the third quarter. Blue Trust Inc. now owns 5,406 shares of the company’s stock valued at $43,000 after purchasing an additional 5,177 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Claros Mortgage Trust during the third quarter valued at approximately $101,000. SG Americas Securities LLC grew its position in Claros Mortgage Trust by 18.4% during the fourth quarter. SG Americas Securities LLC now owns 23,769 shares of the company’s stock valued at $107,000 after purchasing an additional 3,694 shares in the last quarter. Intech Investment Management LLC purchased a new position in Claros Mortgage Trust during the third quarter valued at approximately $114,000. Finally, Atria Investments Inc grew its position in Claros Mortgage Trust by 29.2% during the third quarter. Atria Investments Inc now owns 25,743 shares of the company’s stock valued at $193,000 after purchasing an additional 5,823 shares in the last quarter. 89.53% of the stock is owned by hedge funds and other institutional investors.

Claros Mortgage Trust Price Performance

Shares of Claros Mortgage Trust stock opened at $3.23 on Tuesday. The firm has a fifty day simple moving average of $4.45 and a 200-day simple moving average of $6.39. The company has a current ratio of 20.68, a quick ratio of 20.68 and a debt-to-equity ratio of 2.11. Claros Mortgage Trust, Inc. has a 1-year low of $3.14 and a 1-year high of $10.37. The stock has a market capitalization of $449.45 million, a price-to-earnings ratio of -5.12 and a beta of 1.57.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of Claros Mortgage Trust from $6.50 to $4.00 and set an “underperform” rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their target price on shares of Claros Mortgage Trust from $9.00 to $6.50 and set a “neutral” rating for the company in a research report on Thursday, October 17th. Finally, UBS Group raised shares of Claros Mortgage Trust from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $8.00 to $6.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $6.13.

Claros Mortgage Trust Profile

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.