Starwood Property Trust, Inc. $STWD Shares Bought by Advisors Capital Management LLC

Advisors Capital Management LLC raised its position in Starwood Property Trust, Inc. (NYSE:STWD) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,382,338 shares of the real estate investment trust’s stock after purchasing an additional 25,624 shares during the quarter. Advisors Capital Management LLC owned 0.38% of Starwood Property Trust worth $27,744,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Xponance Inc. grew its holdings in Starwood Property Trust by 4.8% during the 1st quarter. Xponance Inc. now owns 41,820 shares of the real estate investment trust’s stock valued at $827,000 after purchasing an additional 1,898 shares in the last quarter. CWM LLC boosted its position in Starwood Property Trust by 32.8% in the 1st quarter. CWM LLC now owns 17,761 shares of the real estate investment trust’s stock valued at $351,000 after buying an additional 4,390 shares during the last quarter. Signaturefd LLC grew its stake in shares of Starwood Property Trust by 50.8% during the first quarter. Signaturefd LLC now owns 29,573 shares of the real estate investment trust’s stock valued at $585,000 after acquiring an additional 9,965 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in shares of Starwood Property Trust by 11.4% during the first quarter. Kingsview Wealth Management LLC now owns 15,751 shares of the real estate investment trust’s stock valued at $311,000 after acquiring an additional 1,612 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in Starwood Property Trust by 14.0% during the 1st quarter. Private Advisor Group LLC now owns 71,884 shares of the real estate investment trust’s stock valued at $1,421,000 after purchasing an additional 8,809 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.1%

Shares of NYSE:STWD opened at $17.93 on Friday. The company has a 50 day moving average of $19.16 and a 200-day moving average of $19.68. The firm has a market cap of $6.58 billion, a P/E ratio of 16.45 and a beta of 1.27. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.05. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.04). Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The firm had revenue of $247.87 million during the quarter, compared to analyst estimates of $479.70 million. During the same quarter last year, the company earned $0.48 earnings per share. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on STWD. Zacks Research cut Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 29th. Wells Fargo & Company cut their price target on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday. Wall Street Zen upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Keefe, Bruyette & Woods dropped their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $20.63.

Starwood Property Trust Company 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.