Centiva Capital LP purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 65,553 shares of the real estate investment trust's stock, valued at approximately $1,336,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Altshuler Shaham Ltd purchased a new stake in shares of Starwood Property Trust during the 2nd quarter valued at about $28,000. Future Financial Wealth Managment LLC acquired a new position in shares of Starwood Property Trust during the third quarter worth $34,000. Quarry LP acquired a new position in shares of Starwood Property Trust during the second quarter worth $36,000. Godsey & Gibb Inc. acquired a new stake in Starwood Property Trust during the 3rd quarter valued at $41,000. Finally, GAMMA Investing LLC increased its stake in Starwood Property Trust by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust's stock worth $43,000 after buying an additional 794 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on STWD shares. UBS Group lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods raised Starwood Property Trust from a "market perform" rating to an "outperform" rating and upped their target price for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. JPMorgan Chase & Co. decreased their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating for the company in a research report on Thursday, November 7th. JMP Securities reduced their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research note on Thursday, November 7th. Finally, Wells Fargo & Company boosted their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an "outperform" rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.25.
View Our Latest Report on Starwood Property Trust
Starwood Property Trust Stock Performance
STWD traded up $0.01 on Thursday, hitting $19.97. 1,261,466 shares of the company's stock were exchanged, compared to its average volume of 2,281,646. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a fifty day moving average of $19.92 and a two-hundred day moving average of $19.78. Starwood Property Trust, Inc. has a twelve month low of $18.43 and a twelve month high of $22.29. The firm has a market cap of $6.73 billion, a PE ratio of 17.08 and a beta of 1.69.
Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business's revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. On average, research analysts anticipate that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current fiscal year.
About Starwood Property Trust
(
Free Report)
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.
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