WINTON GROUP Ltd Has $694,000 Stock Holdings in Starwood Property Trust, Inc. $STWD

Key Points

• WINTON GROUP Ltd cut its Starwood Property Trust stake by 89.9% in the second quarter, selling 376,951 shares and retaining 42,387 shares valued at approximately $694,000.
• Institutional ownership remains significant at 49.82%, with major investors including Quantum Portfolio Management, BlackRock, and California State Teachers Retirement System increasing or initiating positions.
• STWD opened at $15.45, near its one-year low, while analysts maintain a “Moderate Buy” consensus with an average price target of $19.20. The company’s latest quarterly EPS of $0.40 met expectations, and revenue rose 15.6% year over year.

WINTON GROUP Ltd trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 89.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 42,387 shares of the real estate investment trust's stock after selling 376,951 shares during the period. WINTON GROUP Ltd's holdings in Starwood Property Trust were worth $694,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Quantum Portfolio Management LLC lifted its stake in Starwood Property Trust by 882,760.9% during the first quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust's stock worth $1,931,676,000 after purchasing an additional 112,163,596 shares during the period. BlackRock Inc. bought a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $589,366,000. Geode Capital Management LLC grew its stake in shares of Starwood Property Trust by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust's stock valued at $115,453,000 after purchasing an additional 148,740 shares during the period. California State Teachers Retirement System raised its holdings in shares of Starwood Property Trust by 1,492.8% in the 2nd quarter. California State Teachers Retirement System now owns 6,729,051 shares of the real estate investment trust's stock worth $110,222,000 after buying an additional 6,306,591 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Starwood Property Trust in the 4th quarter worth approximately $75,177,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on STWD shares. Wall Street Zen lowered Starwood Property Trust from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $19.00 to $18.50 and set an "outperform" rating for the company in a report on Friday, August 7th. Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research note on Monday, August 17th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Starwood Property Trust in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Starwood Property Trust from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $19.20.

Starwood Property Trust Stock Down 1.1%

NYSE STWD opened at $15.45 on Tuesday. The stock's 50 day simple moving average is $16.27 and its 200 day simple moving average is $17.01. Starwood Property Trust, Inc. has a one year low of $15.35 and a one year high of $20.62. The firm has a market cap of $5.72 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. The firm had revenue of $201.42 million during the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The business's revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. As a group, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Profile

Starwood Property Trust, Inc is a real estate investment trust focused primarily on commercial real estate finance. The company originates, acquires, finances and manages a range of commercial real estate debt investments, including first mortgage loans, mezzanine loans, subordinated debt and securities backed by commercial properties.

Its activities also include infrastructure lending, residential lending and the ownership or management of commercial real estate investments. Through these businesses, Starwood Property Trust provides financing to property owners, developers and investors across sectors such as office, multifamily, industrial, hospitality and other commercial real estate categories.

Founded in 2009, the company operates primarily in the United States and also pursues investment opportunities in international markets, including Europe.

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