STARWOOD PROPERTY TRUST (STWD) has been under a strong bear grip, hence the stock is down -1.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.24% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.73% in the last 1 week, and is up 3.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 3.15% and the 50-Day Moving Average is 4.86%.
STARWOOD PROPERTY TRUST (NYSE:STWD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.96 and $20.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.11, notching a gain of 0.72% for the day. The total traded volume was 1,173,024 . The stock had closed at $20.96 on the previous day.
The company Insiders own 2.9% of STARWOOD PROPERTY TRUST shares according to the proxy statements. Institutional Investors own 75.06% of STARWOOD PROPERTY TRUST shares. During last six month period, the net percent change held by insiders has seen a change of -15.03%. In a related news, Sossen Andrew Jay, officer (COO and General Counsel) of Starwood Property Trust, Inc., unloaded 18,155 shares at an average price of $19.06 on March 18, 2016. The total amount of the transaction was worth $346,034, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.