Starwood Property Trust (STWD) : Founders Financial Securities reduced its stake in Starwood Property Trust by 1.76% during the most recent quarter end. The investment management company now holds a total of 15,777 shares of Starwood Property Trust which is valued at $327,373 after selling 282 shares in Starwood Property Trust , the firm said in a disclosure report filed with the SEC on Jul 8, 2016.Starwood Property Trust makes up approximately 0.15% of Founders Financial Securities’s portfolio.
Other Hedge Funds, Including , Chevy Chase Trust Holdings boosted its stake in STWD in the latest quarter, The investment management firm added 11,538 additional shares and now holds a total of 273,997 shares of Starwood Property Trust which is valued at $5,685,438. Starwood Property Trust makes up approx 0.03% of Chevy Chase Trust Holdings’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.Spirit Of America Management Corpny boosted its stake in STWD in the latest quarter, The investment management firm added 20,200 additional shares and now holds a total of 73,740 shares of Starwood Property Trust which is valued at $1,530,105. Starwood Property Trust makes up approx 0.23% of Spirit Of America Management Corpny’s portfolio. Next Financial Group Inc added STWD to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $1,038.Bnp Paribas Arbitrage Sa reduced its stake in STWD by selling 11,392 shares or 35.65% in the most recent quarter. The Hedge Fund company now holds 20,559 shares of STWD which is valued at $426,599.
Starwood Property Trust (STWD) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $21.02 and reached the intraday high at $21.08. The bulls started the profit booking and pushed the shares to intraday low of $20.865. The trading session was marked by a volume range of 22,19,700 shares exchanging hands. The 52-week high of the shares is $22.74 and the 52-week low is $16.69. The market cap of the company stands at $4,998 M and there are 23,76,61,800 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 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.