Beck Capital Management LLC Acquires Shares of 43,877 Starwood Property Trust, Inc. $STWD

Beck Capital Management LLC acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 43,877 shares of the real estate investment trust’s stock, valued at approximately $790,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SVRN Asset Management LLC bought a new stake in Starwood Property Trust during the 4th quarter worth $508,000. Fiduciary Group LLC grew its position in shares of Starwood Property Trust by 16.1% in the 4th quarter. Fiduciary Group LLC now owns 34,306 shares of the real estate investment trust’s stock valued at $618,000 after buying an additional 4,751 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in shares of Starwood Property Trust by 28.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 27,508 shares of the real estate investment trust’s stock valued at $495,000 after buying an additional 6,016 shares during the last quarter. DRW Securities LLC bought a new stake in shares of Starwood Property Trust in the 4th quarter valued at about $215,000. Finally, Orion Porfolio Solutions LLC grew its position in shares of Starwood Property Trust by 85.5% in the 4th quarter. Orion Porfolio Solutions LLC now owns 28,406 shares of the real estate investment trust’s stock valued at $512,000 after buying an additional 13,092 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

Starwood Property Trust stock opened at $16.97 on Friday. Starwood Property Trust, Inc. has a 1-year low of $16.76 and a 1-year high of $21.05. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.31. The firm has a 50-day moving average of $17.53 and a 200-day moving average of $17.89. The firm has a market cap of $6.29 billion, a P/E ratio of 17.67, a P/E/G ratio of 2.39 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The company had revenue of $205.55 million during the quarter, compared to the consensus estimate of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share. Sell-side analysts expect that Starwood Property Trust, Inc. will post 1.57 EPS for the current year.

Starwood Property Trust declared that its board has initiated a stock buyback program on Thursday, February 26th that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Starwood Property Trust

In other news, Director Jeffrey G. Dishner sold 7,013 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total transaction of $120,132.69. Following the completion of the transaction, the director owned 168,152 shares in the company, valued at $2,880,443.76. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 5.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on STWD shares. Zacks Research downgraded Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 27th. Bank of America restated a “neutral” rating and set a $19.00 target price on shares of Starwood Property Trust in a research report on Friday, March 6th. Weiss Ratings lowered Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Wells Fargo & Company cut their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Finally, UBS Group began coverage on Starwood Property Trust in a research report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 target price on the stock. Four investment 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. According to MarketBeat.com, Starwood Property Trust has an average rating of “Hold” and an average target price of $19.70.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.