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

WINTON GROUP Ltd reduced its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 89.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 42,387 shares of the real estate investment trust’s stock after selling 376,951 shares during the quarter. WINTON GROUP Ltd’s holdings in Starwood Property Trust were worth $694,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of STWD. Quantum Portfolio Management LLC raised its position in Starwood Property Trust by 882,760.9% in the 1st 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 last quarter. BlackRock Inc. bought a new position in Starwood Property Trust in the 2nd quarter valued at $589,366,000. California State Teachers Retirement System increased its stake 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 valued at $110,222,000 after buying an additional 6,306,591 shares during the period. Geode Capital Management LLC increased 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 buying an additional 148,740 shares during the period. Finally, Advisors Capital Management LLC bought a new stake in shares of Starwood Property Trust during the second quarter worth $70,121,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen lowered Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. UBS Group assumed coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. Keefe, Bruyette & Woods cut their target price on shares of Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Finally, Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research note on Monday, August 17th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.20.

Starwood Property Trust Stock Performance

STWD stock opened at $15.45 on Tuesday. The business’s fifty day moving average is $16.27 and its 200-day moving average is $17.01. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. The company has a market cap of $5.72 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 2.06 and a beta of 0.98. Starwood Property Trust, Inc. has a twelve month low of $15.35 and a twelve month high of $20.62.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The business had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same period last year, the company earned $0.43 EPS. The firm’s revenue was up 15.6% on a year-over-year basis. Equities research analysts forecast that Starwood Property Trust, Inc. will post 1.4 EPS for the current year.

Starwood Property Trust Company 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.