State of New Jersey Common Pension Fund D maintained its stake in shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) during the second quarter, Holdings Channel reports. The firm owned 423,000 shares of the real estate investment trust’s stock at the end of the second quarter. State of New Jersey Common Pension Fund D’s holdings in STARWOOD PROPERTY TRUST, INC. were worth $9,471,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. raised its position in STARWOOD PROPERTY TRUST, INC. by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 50 shares in the last quarter. Penserra Capital Management LLC raised its position in STARWOOD PROPERTY TRUST, INC. by 52.3% in the first quarter. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 2,015 shares in the last quarter. Coconut Grove Bank raised its position in STARWOOD PROPERTY TRUST, INC. by 108.3% in the first quarter. Coconut Grove Bank now owns 8,040 shares of the real estate investment trust’s stock worth $181,000 after buying an additional 4,180 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in STARWOOD PROPERTY TRUST, INC. by 88.9% in the first quarter. Catalyst Capital Advisors LLC now owns 8,500 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 4,000 shares in the last quarter. Finally, Northern Oak Wealth Management Inc. acquired a new position in STARWOOD PROPERTY TRUST, INC. during the first quarter worth approximately $201,000. 74.20% of the stock is currently owned by institutional investors and hedge funds.

Shares of STARWOOD PROPERTY TRUST, INC. (NYSE STWD) opened at 22.23 on Friday. The stock’s 50 day moving average price is $22.17 and its 200-day moving average price is $22.39. STARWOOD PROPERTY TRUST, INC. has a 52-week low of $21.11 and a 52-week high of $23.46. The company has a market cap of $5.78 billion, a P/E ratio of 12.57 and a beta of 0.54.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. STARWOOD PROPERTY TRUST, INC. had a return on equity of 11.39% and a net margin of 55.89%. The company had revenue of $211.57 million for the quarter, compared to the consensus estimate of $244.13 million. During the same quarter last year, the business posted $0.50 EPS. Equities analysts expect that STARWOOD PROPERTY TRUST, INC. will post $2.11 EPS for the current year.

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STWD has been the topic of a number of recent analyst reports. Zacks Investment Research raised STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research note on Saturday, April 15th. BidaskClub raised STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $24.00.

About STARWOOD PROPERTY TRUST, INC.

Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD).

Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

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