Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 0.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 144,152 shares of the real estate investment trust’s stock after buying an additional 1,173 shares during the period. Sanctuary Advisors LLC’s holdings in Starwood Property Trust were worth $2,871,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Altshuler Shaham Ltd purchased a new position in shares of Starwood Property Trust in the 2nd quarter worth about $28,000. Future Financial Wealth Managment LLC purchased a new position in shares of Starwood Property Trust in the 3rd quarter worth about $34,000. Quarry LP purchased a new position in shares of Starwood Property Trust in the 2nd quarter worth about $36,000. Godsey & Gibb Inc. purchased a new position in shares of Starwood Property Trust in the 3rd quarter worth about $41,000. Finally, Fifth Third Bancorp raised its holdings in shares of Starwood Property Trust by 26.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 531 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $19.85 on Wednesday. Starwood Property Trust, Inc. has a fifty-two week low of $18.43 and a fifty-two week high of $22.29. The business has a 50 day moving average price of $19.92 and a two-hundred day moving average price of $19.83. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a market cap of $6.69 billion, a PE ratio of 16.97 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same quarter last year, the firm earned $0.46 EPS. Starwood Property Trust’s quarterly revenue was down 8.1% on a year-over-year basis. Sell-side analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

STWD has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. Wells Fargo & Company raised their price objective on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. JMP Securities dropped their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a report on Thursday, November 7th. Finally, Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their target price for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Three investment 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.

About Starwood Property Trust

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.