STARWOOD PROPERTY TRUST (NYSE:STWD) has tumbled 2.34% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.35% in the last four weeks. The stocks have underperformed the S&P 500 by 1.16% during the past week but STARWOOD PROPERTY TRUST (NYSE:STWD) it has outperformed the index in 4 weeks by 1.41%.
STARWOOD PROPERTY TRUST (NYSE:STWD): The stock opened at $20.89 on Friday but the bulls could not build on the opening and the stock topped out at $20.95 for the day. The stock traded down to $20.42 during the day, due to lack of any buying support eventually closed down at $20.49 with a loss of -2.06% for the day. The stock had closed at $20.92 on the previous day. The total traded volume was 6,207,077 shares.
The company shares have dropped -9.46% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $22.90 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $20.32 and the 200 Day Moving Average price is recorded at $19.39.
On the companys insider trading activities, The officer (COO and General Counsel), of Starwood Property Trust, Inc., Sossen Andrew Jay had unloaded 18,155 shares at $19.06 per share in a transaction on March 18, 2016. The total value of transaction was $346,034. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, JMP Securities, maintains their rating on the shares of STARWOOD PROPERTY TRUST (NYSE:STWD). JMP Securities has a Market Outperform rating on the shares. As per the latest research report, the brokerage house raises the price target to $23 per share from a prior target of $21. The rating by the firm was issued on May 12, 2016. Currently the company Insiders own 2.9% of STARWOOD PROPERTY TRUST shares according to the proxy statements. Institutional Investors own 75.01% of STARWOOD PROPERTY TRUST shares. During last six month period, the net percent change held by insiders has seen a change of -15.03%.
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 Companys 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.