Starwood Property Trust (NYSE:STWD).
Cardinal Capital Management LLC /ct reports that it lowered its position in Starwood Property Trust stock by 7.3% as of the end of the last quarter. Its stake was valued at $23,775,000 a decrease of 10.1% as of quarter end.
Several firms have updated their holdings. As of the end of the quarter Lsv Asset Management had bought a total of 86,534 shares growing its stake by 5.0%. The value of the company’s investment in Starwood Property Trust went from $118,586,000 to $120,843,000 a change of 1.9% for the reporting period. As of quarter end Cardinal Capital Management LLC /ct had disposed of 86,534 shares trimming its holdings by 7.3%. The value in dollars decreased from $26,446,000 to $23,775,000 decreasing 10.1% quarter to quarter.
As of quarter end Cardinal Capital Management LLC /ct had sold a total of 267,300 shares trimming its position 7.3%. The value of the total investment in Starwood Property Trust went from $26,446,000 to $23,775,000 a change of $2,671,000 since the last quarter. As of quarter end Fiduciary Financial Services Of The Southwest Inc /tx had bought a total of 3,058 shares growing its holdings by 1.7%. The value of the investment in STWD went from $3,921,000 to $3,870,000 a change of 1.3% quarter over quarter.
Raymond James & Associates downsized its investment by shedding 4,272 shares a decrease of 2.0% from 06/30/2017 to 09/30/2017. Raymond James & Associates now controls 207,638 shares worth $4,510,000. The total value of its holdings decreased 5.0%.
On November 9 B. Riley maintained a stock rating of “Buy” projecting a price of $24.00.
The company is so far trading down from yesterday’s close of 21.72. The company currently has a P/E ratio of 12.97 and market capitalization is 5.62B. In the last earnings report the EPS was $1.66 with 261.00M shares currently outstanding.
Traders are more bearish on the company recently if you take into consideration the rise in short interest. The firm had a rise in short interest between September 29, 2017 and October 13, 2017 of 0.15%. Short shares grew from 13,332,201 to 13,352,319 over that period. Days to cover increased 2.0 to 10.0 and the percentage of shorted shares was 0.05% on October 13.