Starwood Property Trust (STWD) : Walter Keenan Financial Consulting Co Mi Adv scooped up 500 additional shares in Starwood Property Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 78,500 shares of Starwood Property Trust which is valued at $1,769,390.Starwood Property Trust makes up approximately 0.49% of Walter Keenan Financial Consulting Co Mi Adv’s portfolio.
Other Hedge Funds, Including , Two Sigma Investments Lp reduced its stake in STWD by selling 500,235 shares or 59.44% in the most recent quarter. The Hedge Fund company now holds 341,359 shares of STWD which is valued at $7,694,232. Starwood Property Trust makes up approx 0.04% of Two Sigma Investments Lp’s portfolio.Citadel Advisors boosted its stake in STWD in the latest quarter, The investment management firm added 73,000 additional shares and now holds a total of 101,235 shares of Starwood Property Trust which is valued at $2,281,837. Starwood Property Trust makes up approx 0.01% of Citadel Advisors’s portfolio.Horizon Investments reduced its stake in STWD by selling 233 shares or 1.44% in the most recent quarter. The Hedge Fund company now holds 15,905 shares of STWD which is valued at $358,499. Starwood Property Trust makes up approx 0.03% of Horizon Investments’s portfolio. Ramsey Quantitative Systems added STWD to its portfolio by purchasing 28,250 company shares during the most recent quarter which is valued at $636,755. Starwood Property Trust makes up approx 0.67% of Ramsey Quantitative Systems’s portfolio.
Starwood Property Trust (STWD) witnessed a volatile trading activity on Thursday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $22.85 and reached the intraday high at $22.99. The bulls started the profit booking and pushed the shares to intraday low of $22.7. The trading session was marked by a volume range of 21,52,145 shares exchanging hands. The 52-week high of the shares is $22.99 and the 52-week low is $16.69. The market cap of the company stands at $5,451 M and there are 23,80,48,380 shares in public circulation.
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.