NFC Investments LLC Increases Position in Starwood Property Trust, Inc. (NYSE:STWD)

NFC Investments LLC raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 635,948 shares of the real estate investment trust’s stock after buying an additional 4,755 shares during the period. Starwood Property Trust accounts for about 3.7% of NFC Investments LLC’s portfolio, making the stock its 10th largest holding. NFC Investments LLC owned about 0.19% of Starwood Property Trust worth $12,961,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of STWD. IHT Wealth Management LLC bought a new position in shares of Starwood Property Trust in the third quarter valued at $280,000. HighTower Advisors LLC raised its holdings in shares of Starwood Property Trust by 9.6% in the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock valued at $35,170,000 after purchasing an additional 150,576 shares during the period. Centiva Capital LP acquired a new stake in Starwood Property Trust in the 3rd quarter valued at about $1,336,000. Benjamin Edwards Inc. acquired a new position in Starwood Property Trust during the third quarter worth approximately $1,477,000. Finally, Atom Investors LP bought a new stake in Starwood Property Trust in the third quarter valued at approximately $219,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of NYSE STWD traded down $0.12 during trading hours on Tuesday, hitting $20.17. 213,990 shares of the stock were exchanged, compared to its average volume of 2,282,526. Starwood Property Trust, Inc. has a 1-year low of $18.43 and a 1-year high of $22.29. The company has a market cap of $6.80 billion, a PE ratio of 17.34 and a beta of 1.69. 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’s fifty day simple moving average is $19.96 and its two-hundred day simple moving average is $19.79.

Starwood Property Trust (NYSE:STWD) last posted 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. The company had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same period last year, the company posted $0.46 EPS. On average, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on STWD. UBS Group upped their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Wells Fargo & Company increased their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. JPMorgan Chase & Co. reduced their price objective 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 dropped 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. Finally, Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.