Crux Wealth Advisors Acquires 643 Shares of Starwood Property Trust, Inc. $STWD

Crux Wealth Advisors boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,987 shares of the real estate investment trust’s stock after acquiring an additional 643 shares during the period. Crux Wealth Advisors’ holdings in Starwood Property Trust were worth $501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. World Investment Advisors lifted its holdings in Starwood Property Trust by 4.8% during the first quarter. World Investment Advisors now owns 11,646 shares of the real estate investment trust’s stock worth $230,000 after acquiring an additional 530 shares in the last quarter. Carnegie Investment Counsel raised its stake in shares of Starwood Property Trust by 2.7% in the 1st quarter. Carnegie Investment Counsel now owns 21,225 shares of the real estate investment trust’s stock valued at $420,000 after purchasing an additional 550 shares during the period. Kestra Investment Management LLC raised its stake in shares of Starwood Property Trust by 0.4% in the 1st quarter. Kestra Investment Management LLC now owns 141,171 shares of the real estate investment trust’s stock valued at $2,791,000 after purchasing an additional 550 shares during the period. IFP Advisors Inc raised its stake in shares of Starwood Property Trust by 14.3% in the 2nd quarter. IFP Advisors Inc now owns 4,664 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 583 shares during the period. Finally, Carnegie Lake Advisors LLC raised its stake in shares of Starwood Property Trust by 0.8% in the 1st quarter. Carnegie Lake Advisors LLC now owns 75,869 shares of the real estate investment trust’s stock valued at $1,500,000 after purchasing an additional 600 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Starwood Property Trust Price Performance

NYSE:STWD opened at $18.57 on Friday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. The stock’s 50-day simple moving average is $19.82 and its 200 day simple moving average is $19.68. The company has a market cap of $6.82 billion, a P/E ratio of 17.04 and a beta of 1.29. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.05.

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

Starwood Property Trust 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.