Starwood Property Trust (STWD) : Tmd Associates Inc added new position in Starwood Property Trust during the most recent quarter end. The investment management firm now holds 88,090 shares of Starwood Property Trust which is valued at $1,852,533 , the company said in a statement filed on Jul 12, 2016 with the SEC.Starwood Property Trust makes up approximately 1.61% of Tmd Associates Inc’s portfolio.
Other Hedge Funds, Including , Cutler Group Lp sold out all of its stake in STWD during the most recent quarter. The investment firm sold 3,059 shares of STWD which is valued $64,331. Central Bank Trust Co added STWD to its portfolio by purchasing 250 company shares during the most recent quarter which is valued at $5,258.Beacon Capital Management reduced its stake in STWD by selling 321 shares or 76.43% in the most recent quarter. The Hedge Fund company now holds 99 shares of STWD which is valued at $2,054.Founders Financial Securities reduced its stake in STWD by selling 282 shares or 1.76% in the most recent quarter. The Hedge Fund company now holds 15,777 shares of STWD which is valued at $327,373. Starwood Property Trust makes up approx 0.15% of Founders Financial Securities’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.
Starwood Property Trust opened for trading at $20.96 and hit $21.11 on the upside on Friday, eventually ending the session at $21.11, with a gain of 0.72% or 0.15 points. The heightened volatility saw the trading volume jump to 11,73,024 shares. Company has a market cap of $5,017 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. 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.