Starwood Property Trust, Inc. $STWD Shares Sold by Stratos Wealth Advisors LLC

Key Points

• Stratos Wealth Advisors LLC reduced its holdings in Starwood Property Trust by 24.4%, selling 16,150 shares during the second quarter, resulting in a total of 49,999 shares valued at approximately $1 million.
• Multiple analysts have recently adjusted their ratings for Starwood Property Trust, with UBS raising the price target to $20.00 and Zacks downgrading to a "hold." The consensus price target now stands at $21.13.
• Starwood Property Trust reported earnings per share (EPS) of $0.43 for the last quarter, surpassing expectations, although its quarterly revenue of $444.28 million was down by 9.3% year-over-year.

Stratos Wealth Advisors LLC reduced its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 24.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,999 shares of the real estate investment trust's stock after selling 16,150 shares during the quarter. Stratos Wealth Advisors LLC's holdings in Starwood Property Trust were worth $1,003,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in STWD. Mutual Advisors LLC increased its stake in shares of Starwood Property Trust by 3.8% in the second quarter. Mutual Advisors LLC now owns 36,627 shares of the real estate investment trust's stock worth $730,000 after buying an additional 1,338 shares during the last quarter. IFC Advisors LLC bought a new stake in shares of Starwood Property Trust in the 2nd quarter worth about $728,000. RFG Advisory LLC raised its stake in shares of Starwood Property Trust by 2.2% in the 2nd quarter. RFG Advisory LLC now owns 167,788 shares of the real estate investment trust's stock valued at $3,367,000 after purchasing an additional 3,684 shares in the last quarter. MGO One Seven LLC lifted its position in shares of Starwood Property Trust by 5.0% during the second quarter. MGO One Seven LLC now owns 55,769 shares of the real estate investment trust's stock worth $1,119,000 after purchasing an additional 2,643 shares during the last quarter. Finally, CWM LLC grew its stake in Starwood Property Trust by 96.2% in the second quarter. CWM LLC now owns 34,840 shares of the real estate investment trust's stock worth $699,000 after purchasing an additional 17,079 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on STWD shares. UBS Group upped their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Zacks Research cut Starwood Property Trust from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 30th. Keefe, Bruyette & Woods lifted their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. Wall Street Zen raised shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Starwood Property Trust in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $21.13.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $18.57 on Friday. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $6.82 billion, a PE ratio of 17.04 and a beta of 1.29. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05. The business's fifty day moving average price is $19.82 and its two-hundred day moving average price is $19.68.

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

About Starwood Property Trust

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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