Centiva Capital LP Invests $1.34 Million in Starwood Property Trust, Inc. (NYSE:STWD)

Centiva Capital LP acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 65,553 shares of the real estate investment trust’s stock, valued at approximately $1,336,000.

A number of other large investors have also modified their holdings of the company. Sunbelt Securities Inc. increased its holdings in shares of Starwood Property Trust by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock worth $1,081,000 after acquiring an additional 517 shares during the period. Fortem Financial Group LLC increased its stake in Starwood Property Trust by 2.0% during the 2nd quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust’s stock valued at $498,000 after buying an additional 519 shares during the period. Fifth Third Bancorp increased its stake in Starwood Property Trust by 26.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 531 shares during the period. Whittier Trust Co. increased its stake in Starwood Property Trust by 0.4% during the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust’s stock valued at $3,044,000 after buying an additional 720 shares during the period. Finally, Raymond James Trust N.A. increased its stake in Starwood Property Trust by 3.4% during the 2nd quarter. Raymond James Trust N.A. now owns 22,466 shares of the real estate investment trust’s stock valued at $426,000 after buying an additional 747 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of STWD opened at $19.97 on Thursday. Starwood Property Trust, Inc. has a one year low of $18.43 and a one year high of $22.29. The company has a 50-day moving average of $19.93 and a two-hundred day moving average of $19.78. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 17.06 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. During the same period last year, the company posted $0.46 earnings per share. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, equities research analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on STWD shares. JMP Securities lowered their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Wells Fargo & Company raised their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. Finally, UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.25.

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.