Starwood Property Trust (STWD) : Founders Financial Securities reduced its stake in Starwood Property Trust by 36.78% during the most recent quarter end. The investment management company now holds a total of 9,974 shares of Starwood Property Trust which is valued at $215,139 after selling 5,803 shares in Starwood Property Trust , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Starwood Property Trust makes up approximately 0.09% of Founders Financial Securities’s portfolio.
Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in STWD in the latest quarter, The investment management firm added 59,453 additional shares and now holds a total of 80,012 shares of Starwood Property Trust which is valued at $1,745,062. Starwood Property Trust makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Chevy Chase Trust Holdings boosted its stake in STWD in the latest quarter, The investment management firm added 7,232 additional shares and now holds a total of 281,229 shares of Starwood Property Trust which is valued at $6,133,604. 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 77 additional shares and now holds a total of 1,377 shares of Starwood Property Trust which is valued at $30,032. Starwood Property Trust makes up approx 0.01% of Washington Trust Bank’s portfolio.
Starwood Property Trust closed down -0.02 points or -0.09% at $21.57 with 19,85,914 shares getting traded on Friday. Post opening the session at $21.6, the shares hit an intraday low of $21.43 and an intraday high of $21.78 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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 .
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.