Mutual Advisors LLC Buys 1,338 Shares of Starwood Property Trust, Inc. $STWD

Mutual Advisors LLC grew its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.8% during the second quarter, HoldingsChannel reports. The firm owned 36,627 shares of the real estate investment trust’s stock after purchasing an additional 1,338 shares during the quarter. Mutual Advisors LLC’s holdings in Starwood Property Trust were worth $730,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. IFC Advisors LLC bought a new stake in shares of Starwood Property Trust during the 2nd quarter valued at about $728,000. RFG Advisory LLC boosted its stake in shares of Starwood Property Trust by 2.2% during the 2nd quarter. RFG Advisory LLC now owns 167,788 shares of the real estate investment trust’s stock valued at $3,367,000 after purchasing an additional 3,684 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of Starwood Property Trust by 5.0% during the 2nd quarter. MGO One Seven LLC now owns 55,769 shares of the real estate investment trust’s stock valued at $1,119,000 after purchasing an additional 2,643 shares in the last quarter. CWM LLC boosted its stake in shares of Starwood Property Trust by 96.2% during the 2nd quarter. CWM LLC now owns 34,840 shares of the real estate investment trust’s stock valued at $699,000 after purchasing an additional 17,079 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of Starwood Property Trust by 12.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 166,579 shares of the real estate investment trust’s stock valued at $3,343,000 after purchasing an additional 18,049 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 1.3%

Shares of Starwood Property Trust stock opened at $18.57 on Friday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a market capitalization of $6.82 billion, a PE ratio of 17.04 and a beta of 1.29. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.05. The company has a 50-day simple moving average of $19.82 and a two-hundred day simple moving average of $19.68.

Starwood Property Trust (NYSE:STWD) last issued its earnings results 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 business had revenue of $444.28 million during the quarter, compared to analysts’ expectations 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 in the previous year, the company earned $0.48 earnings per share. On average, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on STWD shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Zacks Research lowered 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 raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. UBS Group boosted 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 note on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.