Starwood Property Trust (STWD) : Highlander Capital Management reduced its stake in Starwood Property Trust by 0.52% during the most recent quarter end. The investment management company now holds a total of 86,775 shares of Starwood Property Trust which is valued at $1,955,909 after selling 450 shares in Starwood Property Trust , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Starwood Property Trust makes up approximately 1.94% of Highlander Capital Management’s portfolio.
Other Hedge Funds, Including , Rafferty Asset Management reduced its stake in STWD by selling 6,467 shares or 20.57% in the most recent quarter. The Hedge Fund company now holds 24,966 shares of STWD which is valued at $559,738. Starwood Property Trust makes up approx 0.04% of Rafferty Asset Management’s portfolio.Advisory Services Network boosted its stake in STWD in the latest quarter, The investment management firm added 5,000 additional shares and now holds a total of 20,858 shares of Starwood Property Trust which is valued at $448,656. Starwood Property Trust makes up approx 0.10% of Advisory Services Network’s portfolio.Checchi Capital Advisers boosted its stake in STWD in the latest quarter, The investment management firm added 61 additional shares and now holds a total of 5,092 shares of Starwood Property Trust which is valued at $109,682. Starwood Property Trust makes up approx 0.03% of Checchi Capital Advisers’s portfolio.Sonora Investment Management reduced its stake in STWD by selling 5,473 shares or 16.71% in the most recent quarter. The Hedge Fund company now holds 27,280 shares of STWD which is valued at $581,337. Starwood Property Trust makes up approx 0.32% of Sonora Investment Management’s portfolio.
Starwood Property Trust opened for trading at $22.1 and hit $22.22 on the upside on Friday, eventually ending the session at $22.22, with a gain of 0.50% or 0.11 points. The heightened volatility saw the trading volume jump to 10,70,422 shares. Company has a market cap of $5,289 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 Aug 4, 2016. Analyst had a consensus estimate of $0.50. The company had revenue of $200.00 million for the quarter, compared to analysts expectations of $211.44 million. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Many Wall Street Analysts have commented on Starwood Property Trust. Company shares were Downgraded by Compass Point on Aug 15, 2016 to ” Neutral”, Firm has raised the Price Target to $ 23 from a previous price target of $22 .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.