Waterloo Capital L.P. Purchases 13,275 Shares of Starwood Property Trust, Inc. $STWD

Waterloo Capital L.P. raised its position in Starwood Property Trust, Inc. (NYSE:STWD) by 8.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,179 shares of the real estate investment trust’s stock after buying an additional 13,275 shares during the period. Waterloo Capital L.P.’s holdings in Starwood Property Trust were worth $3,536,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new position in shares of Starwood Property Trust in the first quarter valued at approximately $25,000. SVB Wealth LLC acquired a new stake in Starwood Property Trust during the 1st quarter valued at $30,000. Financial Gravity Companies Inc. bought a new position in Starwood Property Trust in the 2nd quarter valued at $44,000. Smartleaf Asset Management LLC raised its position in Starwood Property Trust by 34.6% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,531 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 650 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Starwood Property Trust by 1,650.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,729 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 3,516 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $17.85 on Friday. The stock has a 50-day moving average of $18.81 and a 200-day moving average of $19.63. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $6.61 billion, a PE ratio of 16.38 and a beta of 1.27. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.05.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.04). Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The firm had revenue of $247.87 million for the quarter, compared to the consensus estimate of $479.70 million. During the same period in the prior year, the business earned $0.48 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. As a group, sell-side analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Analysts Set New Price Targets

STWD has been the subject of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Zacks Research cut shares of Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Wells Fargo & Company dropped their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Keefe, Bruyette & Woods decreased their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Finally, Wall Street Zen raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $20.63.

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.