Notis-Mcconarty Edward Position in Home Depot (HD) Lifted as Stock Rose; Lodestar Investment Counsel Increased Holding in Starwood Property Trust (STWD) as Stock Value Declined

January 14, 2018 - By Peter Erickson

Lodestar Investment Counsel Llc increased its stake in Starwood Property Trust (STWD) by 6.71% based on its latest 2017Q3 regulatory filing with the SEC. Lodestar Investment Counsel Llc bought 15,275 shares as the company’s stock declined 5.55% while stock markets rallied. The institutional investor held 242,825 shares of the consumer services company at the end of 2017Q3, valued at $5.27M, up from 227,550 at the end of the previous reported quarter. Lodestar Investment Counsel Llc who had been investing in Starwood Property Trust for a number of months, seems to be bullish on the $5.45 billion market cap company. The stock decreased 0.76% or $0.16 during the last trading session, reaching $20.94. About 2.19 million shares traded or 24.63% up from the average. Starwood Property Trust, Inc. (NYSE:STWD) has risen 8.65% since January 14, 2017 and is uptrending. It has underperformed by 8.05% the S&P500.

Notis-Mcconarty Edward increased its stake in Home Depot (HD) by 27.21% based on its latest 2017Q3 regulatory filing with the SEC. Notis-Mcconarty Edward bought 2,227 shares as the company’s stock rose 9.30% with the market. The institutional investor held 10,410 shares of the consumer services company at the end of 2017Q3, valued at $1.70M, up from 8,183 at the end of the previous reported quarter. Notis-Mcconarty Edward who had been investing in Home Depot for a number of months, seems to be bullish on the $229.37B market cap company. The stock increased 0.89% or $1.74 during the last trading session, reaching $196.42. About 6.75 million shares traded or 45.66% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 14, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Lodestar Investment Counsel Llc, which manages about $597.87M and $814.07 million US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 4,534 shares to 231,786 shares, valued at $19.00 million in 2017Q3, according to the filing. It also reduced its holding in General Electric (NYSE:GE) by 15,187 shares in the quarter, leaving it with 346,444 shares, and cut its stake in Verizon Communications Inc. (NYSE:VZ).

Since September 19, 2017, it had 0 buys, and 2 sales for $398,066 activity. Paniry Rina sold $150,799 worth of stock or 6,867 shares.

Among 10 analysts covering Starwood Property Trust Inc. (NYSE:STWD), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Starwood Property Trust Inc. had 24 analyst reports since August 5, 2015 according to SRatingsIntel. FBR Capital maintained Starwood Property Trust, Inc. (NYSE:STWD) rating on Tuesday, June 28. FBR Capital has “Outperform” rating and $24 target. The stock has “Buy” rating by FBR Capital on Thursday, November 9. Deutsche Bank maintained the shares of STWD in report on Friday, August 7 with “Buy” rating. The firm has “Neutral” rating given on Wednesday, January 13 by Goldman Sachs. Deutsche Bank maintained the shares of STWD in report on Friday, August 7 with “Buy” rating. The stock has “Buy” rating by FBR Capital on Thursday, January 4. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, August 5 report. The stock of Starwood Property Trust, Inc. (NYSE:STWD) has “Buy” rating given on Thursday, July 6 by Keefe Bruyette & Woods. Compass Point upgraded the stock to “Buy” rating in Wednesday, October 25 report. Keefe Bruyette & Woods maintained Starwood Property Trust, Inc. (NYSE:STWD) rating on Thursday, September 14. Keefe Bruyette & Woods has “Buy” rating and $24.0 target.

Investors sentiment is 1.09 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 47 investors sold STWD shares while 82 reduced holdings. only 41 funds opened positions while 100 raised stakes. 216.73 million shares or 2.27% more from 211.91 million shares in 2017Q2 were reported. Salem Investment Counselors Inc stated it has 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Perella Weinberg Partners Management LP holds 0.5% in Starwood Property Trust, Inc. (NYSE:STWD) or 272,999 shares. Aperio Grp Inc Limited Company accumulated 477,482 shares or 0.06% of the stock. Overbrook Mngmt Corporation reported 19,305 shares or 0.09% of all its holdings. Mutual Of America Cap Mngmt Ltd Liability Corporation holds 243,230 shares. Dreman Value L L C holds 0.24% or 20,321 shares. Assetmark reported 941 shares stake. 23,970 were reported by Brown Advisory. Oppenheimer And Commerce holds 34,515 shares. California Pub Employees Retirement accumulated 761,431 shares. Advsrs Asset Mngmt has 36,163 shares for 0.01% of their portfolio. Da Davidson And Com reported 0.02% in Starwood Property Trust, Inc. (NYSE:STWD). Canada Pension Plan Invest Board reported 0.01% in Starwood Property Trust, Inc. (NYSE:STWD). Teacher Retirement System Of Texas invested in 0.06% or 466,321 shares. Pnc Services Gru has 0% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 78,260 shares.

Since August 16, 2017, it had 0 buys, and 5 selling transactions for $18.46 million activity. 10,717 shares valued at $1.63M were sold by Campbell Ann Marie on Wednesday, August 16. 10,916 shares were sold by Roseborough Teresa Wynn, worth $1.97 million.

Notis-Mcconarty Edward, which manages about $159.58 million US Long portfolio, decreased its stake in Qualcomm (NASDAQ:QCOM) by 7,700 shares to 22,045 shares, valued at $1.14M in 2017Q3, according to the filing.

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