Beck Capital Management LLC Invests $790,000 in Starwood Property Trust, Inc. $STWD

Beck Capital Management LLC bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the 4th quarter, Holdings Channel reports. The firm bought 43,877 shares of the real estate investment trust’s stock, valued at approximately $790,000.

Several other large investors have also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB grew its position in shares of Starwood Property Trust by 106.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 746 shares during the last quarter. CENTRAL TRUST Co increased its holdings in Starwood Property Trust by 154.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 908 shares in the last quarter. Jackson Grant Investment Advisers Inc. purchased a new position in Starwood Property Trust during the 3rd quarter valued at about $29,000. Los Angeles Capital Management LLC purchased a new stake in shares of Starwood Property Trust during the fourth quarter worth about $28,000. Finally, FNY Investment Advisers LLC purchased a new stake in Starwood Property Trust in the third quarter valued at approximately $30,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 0.1%

NYSE STWD opened at $16.97 on Friday. Starwood Property Trust, Inc. has a 52 week low of $16.76 and a 52 week high of $21.05. The stock has a market capitalization of $6.29 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 2.39 and a beta of 0.98. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57. The stock’s 50 day moving average price is $17.53 and its two-hundred day moving average price is $17.89.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The business had revenue of $205.55 million for the quarter, compared to the consensus estimate of $496.25 million. During the same quarter in the prior year, the company earned $0.45 earnings per share. Starwood Property Trust’s quarterly revenue was up 22.5% compared to the same quarter last year. As a group, analysts anticipate that Starwood Property Trust, Inc. will post 1.57 earnings per share for the current fiscal year.

Starwood Property Trust announced that its Board of Directors has authorized a share repurchase plan on Thursday, February 26th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to purchase up to 6.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling at Starwood Property Trust

In other news, Director Jeffrey G. Dishner sold 7,013 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total transaction of $120,132.69. Following the transaction, the director directly owned 168,152 shares of the company’s stock, valued at $2,880,443.76. This represents a 4.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.80% of the stock is owned by insiders.

Analysts Set New Price Targets

STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Bank of America reissued a “neutral” rating and set a $19.00 target price on shares of Starwood Property Trust in a report on Friday, March 6th. JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Wells Fargo & Company reduced their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Finally, Zacks Research downgraded Starwood Property Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 27th. Four 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.com, the company currently has a consensus rating of “Hold” and an average target price of $19.70.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.