MGO One Seven LLC Grows Holdings in Starwood Property Trust, Inc. $STWD

MGO One Seven LLC grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 5.0% during the second quarter, HoldingsChannel.com reports. The firm owned 55,769 shares of the real estate investment trust’s stock after acquiring an additional 2,643 shares during the quarter. MGO One Seven LLC’s holdings in Starwood Property Trust were worth $1,119,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of Starwood Property Trust during the second quarter valued at $765,811,000. Northern Trust Corp increased its stake in shares of Starwood Property Trust by 3.6% during the first quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust’s stock valued at $108,326,000 after buying an additional 192,283 shares during the period. Raymond James Financial Inc. increased its stake in shares of Starwood Property Trust by 5.5% during the first 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 buying an additional 141,689 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Starwood Property Trust by 1.9% during the first 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 buying an additional 41,845 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Starwood Property Trust by 10.7% during the first quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust’s stock valued at $39,414,000 after buying an additional 193,417 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

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

Starwood Property Trust Trading Down 1.9%

Shares of NYSE:STWD opened at $18.33 on Friday. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.05. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 16.82 and a beta of 1.29. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.90. The business has a 50-day moving average price of $19.85 and a 200-day moving average price of $19.69.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data 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. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The firm had revenue of $444.28 million during the quarter, compared to analysts’ expectations of $477.00 million. During the same period last year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was down 9.3% compared to the same quarter last year. Equities analysts predict 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.