Starwood Property Trust (STWD) : Spirit Of America Management Corpny scooped up 12,000 additional shares in Starwood Property Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 85,740 shares of Starwood Property Trust which is valued at $1,867,417.Starwood Property Trust makes up approximately 0.25% of Spirit Of America Management Corpny’s portfolio.
Other Hedge Funds, Including , Btr Capital Management Inc reduced its stake in STWD by selling 30,738 shares or 8.29% in the most recent quarter. The Hedge Fund company now holds 339,963 shares of STWD which is valued at $7,404,394. Starwood Property Trust makes up approx 1.69% of Btr Capital Management Inc’s portfolio.Msi Financial Services Inc boosted its stake in STWD in the latest quarter, The investment management firm added 4,549 additional shares and now holds a total of 12,234 shares of Starwood Property Trust which is valued at $267,925. Starwood Property Trust makes up approx 0.01% of Msi Financial Services Inc’s portfolio.Creative Planning boosted its stake in STWD in the latest quarter, The investment management firm added 6,598 additional shares and now holds a total of 21,955 shares of Starwood Property Trust which is valued at $471,374.Founders Financial Securities reduced its stake in STWD by selling 5,803 shares or 36.78% in the most recent quarter. The Hedge Fund company now holds 9,974 shares of STWD which is valued at $215,139. Starwood Property Trust makes up approx 0.09% of Founders Financial Securities’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.
Starwood Property Trust closed down -0.12 points or -0.55% at $21.78 with 9,12,120 shares getting traded on Friday. Post opening the session at $22.02, the shares hit an intraday low of $21.78 and an intraday high of $22.02 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.