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

Centaurus Financial Inc. increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 5.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 63,802 shares of the real estate investment trust’s stock after purchasing an additional 3,525 shares during the period. Centaurus Financial Inc.’s holdings in Starwood Property Trust were worth $1,300,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Artemis Investment Management LLP bought a new stake in shares of Starwood Property Trust in the third quarter worth approximately $9,580,000. International Assets Investment Management LLC grew its position in Starwood Property Trust by 2,414.3% in the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock worth $9,713,000 after purchasing an additional 457,631 shares during the period. Lighthouse Investment Partners LLC purchased a new stake in Starwood Property Trust during the 2nd quarter valued at $5,455,000. Van ECK Associates Corp lifted its holdings in shares of 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 buying an additional 279,793 shares during the period. Finally, Valley Wealth Managers Inc. boosted its stake in shares of Starwood Property Trust by 30.3% in the 3rd quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust’s stock worth $20,919,000 after buying an additional 238,994 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JMP Securities reduced their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. UBS Group increased their price objective on shares of 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 price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their target price for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $22.25.

Starwood Property Trust Price Performance

NYSE STWD opened at $19.92 on Monday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month high of $22.29. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.70. The company’s 50 day moving average is $20.00 and its two-hundred day moving average is $19.79.

Starwood Property Trust (NYSE:STWD) last released its 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 net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the previous year, the company earned $0.46 EPS. Starwood Property Trust’s revenue for the quarter was down 8.1% on a year-over-year basis. As a group, research analysts anticipate that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

About Starwood Property Trust

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.