Starwood Property Trust (STWD) : Forum Securities Ltd scooped up 10,305 additional shares in Starwood Property Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 144,494 shares of Starwood Property Trust which is valued at $2,918,779.Starwood Property Trust makes up approximately 7.47% of Forum Securities Ltd’s portfolio.
Other Hedge Funds, Including , Blackrock Investment Management boosted its stake in STWD in the latest quarter, The investment management firm added 43,995 additional shares and now holds a total of 1,678,492 shares of Starwood Property Trust which is valued at $33,905,538. Starwood Property Trust makes up approx 0.04% of Blackrock Investment Management’s portfolio.Tiaa Cref Investment Management reduced its stake in STWD by selling 75,752 shares or 3.4% in the most recent quarter. The Hedge Fund company now holds 2,152,715 shares of STWD which is valued at $42,343,904. Starwood Property Trust makes up approx 0.03% of Tiaa Cref Investment Management’s portfolio. Pacad Investment Ltd. sold out all of its stake in STWD during the most recent quarter. The investment firm sold 33,900 shares of STWD which is valued $666,813.State Of Wisconsin Investment Board reduced its stake in STWD by selling 6,980 shares or 4.03% in the most recent quarter. The Hedge Fund company now holds 166,070 shares of STWD which is valued at $3,266,597. Starwood Property Trust makes up approx 0.01% of State Of Wisconsin Investment Board’s portfolio.California Public Employees Retirement System reduced its stake in STWD by selling 79,100 shares or 12.74% in the most recent quarter. The Hedge Fund company now holds 541,600 shares of STWD which is valued at $10,653,272. Starwood Property Trust makes up approx 0.02% of California Public Employees Retirement System’s portfolio.
Starwood Property Trust opened for trading at $20.19 and hit $20.48 on the upside on Monday, eventually ending the session at $20.46, with a gain of 1.29% or 0.26 points. The heightened volatility saw the trading volume jump to 20,74,744 shares. Company has a market cap of $4,863 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. Shares were Reiterated by Compass Point on Apr 7, 2016 to “Buy” and Lowered the Price Target to $ 22 from a previous price target of $23 .Shares were Reiterated by FBR Capital on Feb 26, 2016 to “Outperform” and Lowered the Price Target to $ 22 from a previous price target of $25 .
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.