Starwood Property Trust (STWD) : Barry Investment Advisors reduced its stake in Starwood Property Trust by 0.07% during the most recent quarter end. The investment management company now holds a total of 480,810 shares of Starwood Property Trust which is valued at $10,246,061 after selling 313 shares in Starwood Property Trust , the firm said in a disclosure report filed with the SEC on Jul 14, 2016.Starwood Property Trust makes up approximately 3.89% of Barry Investment Advisors’s portfolio.
Other Hedge Funds, Including , First Manhattan Co boosted its stake in STWD in the latest quarter, The investment management firm added 6,485 additional shares and now holds a total of 13,685 shares of Starwood Property Trust which is valued at $291,627. Alpha Windward sold out all of its stake in STWD during the most recent quarter. The investment firm sold 381 shares of STWD which is valued $7,906.Founders Financial Securities reduced its stake in STWD by selling 282 shares or 1.76% in the most recent quarter. The Hedge Fund company now holds 15,777 shares of STWD which is valued at $327,373. Starwood Property Trust makes up approx 0.15% of Founders Financial Securities’s portfolio.Washington Trust Bank boosted its stake in STWD in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 1,300 shares of Starwood Property Trust which is valued at $26,975. Starwood Property Trust makes up approx 0.01% of Washington Trust Bank’s portfolio.
Starwood Property Trust opened for trading at $21.15 and hit $21.32 on the upside on Monday, eventually ending the session at $21.31, with a gain of 0.95% or 0.2 points. The heightened volatility saw the trading volume jump to 18,51,533 shares. Company has a market cap of $5,065 M.
On the company’s financial health, Starwood Property Trust reported $0.50 EPS for the quarter, based on the information available during the earnings call on May 9, 2016. Analyst had a consensus estimate of $0.50. The company had revenue of $195.50 million for the quarter, compared to analysts expectations of $198.64 million. The company’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
Many Wall Street Analysts have commented on Starwood Property Trust. Company shares were Reiterated by FBR Capital on Jun 28, 2016 to “Outperform”, Firm has raised the Price Target to $ 24 from a previous price target of $22 .
Starwood Property Trust Inc. is a holding company that operates as a real estate investment trust (REIT). The Company through its subsidiaries focuses on originating acquiring financing and managing commercial mortgage loans commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment and Investing and Servicing Segment. The Company’s Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe an investment business that acquires and manages real estate finance investments and a mortgage loan business. The Company is externally managed and advised by SPT Management LLC an affiliate of Starwood Capital Group.