Natixis Advisors LLC Acquires Shares of 18,064 Starwood Property Trust, Inc. (NYSE:STWD)

Natixis Advisors LLC acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,064 shares of the real estate investment trust’s stock, valued at approximately $368,000.

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

Starwood Property Trust Trading Up 0.6 %

Shares of STWD stock opened at $20.30 on Friday. The business’s fifty day moving average is $19.98 and its 200 day moving average is $19.80. Starwood Property Trust, Inc. has a 52-week low of $18.43 and a 52-week high of $22.29. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market capitalization of $6.84 billion, a PE ratio of 17.35 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results 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 business had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. During the same quarter last year, the business posted $0.46 earnings per share. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on STWD shares. JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Wells Fargo & Company raised their price target 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 price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust 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.