Bleakley Financial Group LLC Buys 11,850 Shares of Starwood Property Trust, Inc. $STWD

Bleakley Financial Group LLC boosted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 18.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 76,778 shares of the real estate investment trust’s stock after purchasing an additional 11,850 shares during the period. Bleakley Financial Group LLC’s holdings in Starwood Property Trust were worth $1,541,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC acquired a new stake in Starwood Property Trust in the 2nd quarter valued at about $765,811,000. Northern Trust Corp lifted its stake in Starwood Property Trust by 3.6% in the 1st quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust’s stock valued at $108,326,000 after purchasing an additional 192,283 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Starwood Property Trust by 5.5% in the 1st 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 purchasing an additional 141,689 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Starwood Property Trust by 1.9% in the 1st 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 purchasing an additional 41,845 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Starwood Property Trust by 10.7% in the 1st quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust’s stock valued at $39,414,000 after purchasing an additional 193,417 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 0.4%

Shares of STWD stock opened at $18.64 on Friday. The firm has a 50 day moving average price of $19.69 and a two-hundred day moving average price of $19.69. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $6.84 billion, a PE ratio of 17.10 and a beta of 1.29. Starwood Property Trust, Inc. has a 12-month low of $16.59 and a 12-month high of $21.05.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. The firm had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The business’s revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the business posted $0.48 earnings per share. As a group, analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on STWD. Keefe, Bruyette & Woods raised their target price on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, July 10th. UBS Group raised their target price on shares of 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 downgraded shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Wall Street Zen upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $21.13.

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.