Mutual of America Capital Management LLC Decreases Stock Position in Starwood Property Trust, Inc. $STWD

Mutual of America Capital Management LLC lowered its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 160,372 shares of the real estate investment trust’s stock after selling 4,481 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Starwood Property Trust were worth $3,219,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in STWD. Kingstone Capital Partners Texas LLC bought a new stake in shares of Starwood Property Trust in the 2nd quarter worth about $765,811,000. Boston Partners bought a new position in Starwood Property Trust during the 1st quarter valued at about $9,643,000. HighTower Advisors LLC grew its holdings in Starwood Property Trust by 10.7% during the 1st quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust’s stock valued at $39,414,000 after purchasing an additional 193,417 shares during the last quarter. Northern Trust Corp grew its holdings in Starwood Property Trust by 3.6% during the 1st quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust’s stock valued at $108,326,000 after purchasing an additional 192,283 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new position in Starwood Property Trust during the 1st quarter valued at about $3,711,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of NYSE:STWD opened at $18.57 on Friday. The firm has a market cap of $6.82 billion, a PE ratio of 17.03 and a beta of 1.29. The firm’s 50 day simple moving average is $19.72 and its 200-day simple moving average is $19.68. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.05. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data 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. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The firm had revenue of $444.28 million for the quarter, compared to the consensus estimate of $477.00 million. During the same period last year, the firm earned $0.48 earnings per share. The company’s quarterly revenue was down 9.3% on a year-over-year basis. As a group, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Analysts Set New Price Targets

STWD has been the topic of several analyst reports. Wall Street Zen upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Zacks Research downgraded shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Keefe, Bruyette & Woods upped their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. UBS Group upped their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.13.

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.