Corps Capital Advisors LLC Takes Position in Starwood Property Trust, Inc. $STWD

Corps Capital Advisors LLC acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,307 shares of the real estate investment trust’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. QRG Capital Management Inc. raised its holdings in Starwood Property Trust by 9.0% during the second quarter. QRG Capital Management Inc. now owns 250,278 shares of the real estate investment trust’s stock worth $5,023,000 after buying an additional 20,703 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Starwood Property Trust by 0.4% during the first quarter. Principal Financial Group Inc. now owns 737,047 shares of the real estate investment trust’s stock valued at $14,571,000 after buying an additional 2,993 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Starwood Property Trust during the first quarter worth about $925,000. Wellington Management Group LLP acquired a new stake in shares of Starwood Property Trust in the 1st quarter worth about $516,000. Finally, Bleakley Financial Group LLC lifted its position in Starwood Property Trust by 109.1% in the 1st quarter. Bleakley Financial Group LLC now owns 64,928 shares of the real estate investment trust’s stock valued at $1,284,000 after acquiring an additional 33,882 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 1.4%

Starwood Property Trust stock opened at $18.38 on Wednesday. The firm has a 50 day simple moving average of $19.45 and a 200 day simple moving average of $19.73. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. 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 $6.75 billion, a price-to-earnings ratio of 16.87 and a beta of 1.29.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods raised their target price on 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 Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group lifted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Zacks Research lowered shares of Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings reissued 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, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average 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.