Centaurus Financial Inc. Purchases 3,525 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Centaurus Financial Inc. boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 63,802 shares of the real estate investment trust’s stock after buying an additional 3,525 shares during the quarter. Centaurus Financial Inc.’s holdings in Starwood Property Trust were worth $1,300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Advisors LLC raised its stake in shares of Starwood Property Trust by 79.1% during the third quarter. Stratos Wealth Advisors LLC now owns 82,637 shares of the real estate investment trust’s stock valued at $1,684,000 after acquiring an additional 36,493 shares during the last quarter. Quest Partners LLC increased its holdings in Starwood Property Trust by 128.7% during the 3rd quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after purchasing an additional 37,554 shares during the period. Van ECK Associates Corp raised its position in Starwood Property Trust by 27.1% during the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after purchasing an additional 279,793 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Starwood Property Trust by 70.0% in the 1st quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock worth $6,808,000 after buying an additional 137,923 shares during the period. Finally, Algert Global LLC bought a new stake in shares of Starwood Property Trust in the 2nd quarter worth approximately $568,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $19.92 on Monday. 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 50 day simple moving average of $20.00 and a two-hundred day simple moving average of $19.79. Starwood Property Trust, Inc. has a fifty-two week low of $18.43 and a fifty-two week high of $22.29. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. Analysts expect that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

STWD has been the subject of a number of research analyst reports. 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 research note on Friday, November 15th. Wells Fargo & Company raised their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. JPMorgan Chase & Co. decreased their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, November 7th. Finally, JMP Securities cut their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.