Yousif Capital Management LLC Sells 980 Shares of Starwood Property Trust, Inc. $STWD

Yousif Capital Management LLC lessened its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.8% in the 2nd quarter, Holdings Channel reports. The firm owned 123,046 shares of the real estate investment trust’s stock after selling 980 shares during the period. Yousif Capital Management LLC’s holdings in Starwood Property Trust were worth $2,470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Kingstone Capital Partners Texas LLC bought a new position in shares of Starwood Property Trust in the 2nd quarter valued at about $765,811,000. Northern Trust Corp lifted its holdings in shares of 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 acquiring an additional 192,283 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of 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 acquiring an additional 141,689 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 acquiring an additional 41,845 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of 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 acquiring an additional 193,417 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

STWD has been the subject of a number of analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Wall Street Zen raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Zacks Research downgraded shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, October 8th. Finally, UBS Group increased their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.13.

Starwood Property Trust Stock Performance

Starwood Property Trust stock opened at $18.57 on Friday. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05. The firm has a market capitalization of $6.82 billion, a P/E ratio of 17.04 and a beta of 1.29. The company’s 50-day moving average is $19.82 and its 200 day moving average is $19.68.

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

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.