Raiff Partners Inc Lowers stake in Starwood Property Trust (STWD)

Starwood Property Trust (STWD) : Raiff Partners Inc reduced its stake in Starwood Property Trust by 65.05% during the most recent quarter end. The investment management company now holds a total of 65,000 shares of Starwood Property Trust which is valued at $1,465,100 after selling 121,000 shares in Starwood Property Trust , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Starwood Property Trust makes up approximately 4.09% of Raiff Partners Inc’s portfolio.

Other Hedge Funds, Including , Janus Capital Management reduced its stake in STWD by selling 715 shares or 0.21% in the most recent quarter. The Hedge Fund company now holds 341,915 shares of STWD which is valued at $7,706,764. Starwood Property Trust makes up approx 0.01% of Janus Capital Management’s portfolio.Teachers Advisors Inc reduced its stake in STWD by selling 766,230 shares or 77.46% in the most recent quarter. The Hedge Fund company now holds 222,969 shares of STWD which is valued at $5,025,721. Starwood Property Trust makes up approx 0.01% of Teachers Advisors Inc’s portfolio.Blackrock Fund Advisors boosted its stake in STWD in the latest quarter, The investment management firm added 964,611 additional shares and now holds a total of 7,708,226 shares of Starwood Property Trust which is valued at $173,743,414. Starwood Property Trust makes up approx 0.04% of Blackrock Fund Advisors’s portfolio.Barnett Company reduced its stake in STWD by selling 10,640 shares or 6.95% in the most recent quarter. The Hedge Fund company now holds 142,430 shares of STWD which is valued at $3,189,008. Starwood Property Trust makes up approx 1.69% of Barnett Company’s portfolio.Barry Investment Advisors reduced its stake in STWD by selling 313 shares or 0.07% in the most recent quarter. The Hedge Fund company now holds 480,810 shares of STWD which is valued at $10,246,061. Starwood Property Trust makes up approx 3.89% of Barry Investment Advisors’s portfolio.

Starwood Property Trust opened for trading at $22.36 and hit $22.74 on the upside on Monday, eventually ending the session at $22.65, with a gain of 1.48% or 0.33 points. The heightened volatility saw the trading volume jump to 22,55,221 shares. Company has a market cap of $5,392 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 Aug 4, 2016. Analyst had a consensus estimate of $0.50. The company had revenue of $200.00 million for the quarter, compared to analysts expectations of $211.44 million. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Starwood Property Trust. Company shares were Downgraded by Compass Point on Aug 15, 2016 to ” Neutral”, Firm has raised the Price Target to $ 23 from a previous price target of $22 .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.

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