Cwm LLC Raises Stock Holdings in Starwood Property Trust, Inc. $STWD

Key Points

• Cwm LLC increased its holdings in Starwood Property Trust by 96.2% in Q2, owning a total of 34,840 shares valued at $699,000.
• Several institutional investors, including Kingstone Capital Partners and Northern Trust Corp, have also modified their positions in Starwood Property Trust, with 49.82% of the stock owned by institutional investors.
• Starwood Property Trust reported earnings of $0.43 per share, surpassing estimates, but experienced a 9.3% decline in quarterly revenue compared to the previous year.

Cwm LLC lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 96.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,840 shares of the real estate investment trust's stock after acquiring an additional 17,079 shares during the quarter. Cwm LLC's holdings in Starwood Property Trust were worth $699,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Starwood Property Trust during the second quarter valued at approximately $765,811,000. Northern Trust Corp increased its position in shares of Starwood Property Trust by 3.6% during the first quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust's stock valued at $108,326,000 after acquiring an additional 192,283 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Starwood Property Trust by 5.5% during the first quarter. Raymond James Financial Inc. now owns 2,719,027 shares of the real estate investment trust's stock valued at $53,755,000 after acquiring an additional 141,689 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Starwood Property Trust by 1.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,194,942 shares of the real estate investment trust's stock valued at $43,394,000 after acquiring an additional 41,845 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Starwood Property Trust by 10.7% during the first quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust's stock valued at $39,414,000 after acquiring an additional 193,417 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on STWD shares. Zacks Research downgraded Starwood Property Trust from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 30th. Keefe, Bruyette & Woods raised their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. UBS Group raised 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 Tuesday, July 15th. Weiss Ratings reissued a "hold (c)" rating on shares of Starwood Property Trust in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.13.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $18.57 on Friday. The stock has a market cap of $6.82 billion, a PE ratio of 17.03 and a beta of 1.29. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.05. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a fifty day moving average of $19.72 and a 200-day moving average of $19.68.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. The company had revenue of $444.28 million during the quarter, compared to analysts' expectations of $477.00 million. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The firm's quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 earnings per share. Equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Profile

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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