Greenwich Investment Management Has Trimmed Starwood Ppty Tr (STWD) Position; Iberiabank (IBKC)’s Sentiment Is 1.22

December 7, 2017 - By Peter Erickson

IBERIABANK Corporation operates as the bank holding firm for IBERIABANK that provides commercial and retail banking services and products in the United States. The company has market cap of $4.19 billion. It offers various commercial, consumer, mortgage, and private banking services and products; cash management services; deposit and annuity products; and brokerage services, as well as sells variable annuities. It has a 18.93 P/E ratio. The firm also provides various title insurance and loan closing services for residential and commercial customers; one-to-four family residential mortgage loans; equity research, institutional sales and trading, and corporate finance services; and wealth management and trust advisory services to high net worth individuals, pension funds, firms, and trusts, as well as invests in a commercial rental property and purchased tax credits.

Greenwich Investment Management Inc decreased Starwood Ppty Tr Inc (STWD) stake by 10.41% reported in 2017Q2 SEC filing. Greenwich Investment Management Inc sold 24,269 shares as Starwood Ppty Tr Inc (STWD)’s stock declined 5.55%. The Greenwich Investment Management Inc holds 208,795 shares with $4.67M value, down from 233,064 last quarter. Starwood Ppty Tr Inc now has $5.66B valuation. The stock increased 0.51% or $0.11 during the last trading session, reaching $21.75. About 438,935 shares traded. Starwood Property Trust, Inc. (NYSE:STWD) has risen 8.65% since December 7, 2016 and is uptrending. It has underperformed by 8.05% the S&P500.

Analysts await IBERIABANK Corporation (NASDAQ:IBKC) to report earnings on January, 25. They expect $1.27 earnings per share, up 9.48% or $0.11 from last year’s $1.16 per share. IBKC’s profit will be $68.42 million for 15.30 P/E if the $1.27 EPS becomes a reality. After $1.00 actual earnings per share reported by IBERIABANK Corporation for the previous quarter, Wall Street now forecasts 27.00% EPS growth.

The stock increased 0.91% or $0.7 during the last trading session, reaching $77.7. About 87,180 shares traded. IBERIABANK Corporation (IBKC) has risen 31.12% since December 7, 2016 and is uptrending. It has outperformed by 14.42% the S&P500.

Investment Management Of Virginia Llc holds 2.32% of its portfolio in IBERIABANK Corporation for 118,501 shares. Jacobs Asset Management Llc owns 137,500 shares or 2.26% of their US portfolio. Moreover, Silvercrest Asset Management Group Llc has 2.24% invested in the company for 2.57 million shares. The Missouri-based Stieven Capital Advisors L.P. has invested 2.06% in the stock. Channing Capital Management Llc, a Illinois-based fund reported 602,608 shares.

Ratings analysis reveals 50% of IberiaBank’s analysts are positive. Out of 6 Wall Street analysts rating IberiaBank, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. IBKC was included in 6 notes of analysts from September 7, 2016. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Outperform” rating by Raymond James on Thursday, October 27. As per Tuesday, December 6, the company rating was downgraded by FIG Partners. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, September 13. The firm earned “Mkt Perform” rating on Thursday, February 2 by JMP Securities. The firm earned “Outperform” rating on Wednesday, September 7 by FBR Capital. The stock has “Overweight” rating by Piper Jaffray on Friday, October 7.

Investors sentiment decreased to 1.09 in 2017 Q2. Its down 0.08, from 1.17 in 2017Q1. It fall, as 57 investors sold STWD shares while 77 reduced holdings. 39 funds opened positions while 107 raised stakes. 211.91 million shares or 9.63% less from 234.50 million shares in 2017Q1 were reported. Winslow Evans Crocker invested 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Caxton Assocs Ltd Partnership invested in 0% or 30,600 shares. Co Natl Bank holds 138,264 shares or 0.04% of its portfolio. Cipher Capital LP holds 0.22% or 124,529 shares. Next Fincl Gru holds 0% in Starwood Property Trust, Inc. (NYSE:STWD) or 50 shares. Envestnet Asset Mngmt invested 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Alpine Woods Capital Invsts owns 1.01% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 845,644 shares. The Georgia-based Suntrust Banks Incorporated has invested 0% in Starwood Property Trust, Inc. (NYSE:STWD). 712,800 were reported by California Pub Employees Retirement Sys. Panagora Asset Mgmt reported 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). State Of Wisconsin Invest Board holds 0% or 50,825 shares. Central Comml Bank Trust invested 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Massachusetts Fincl Service Company Ma reported 5.20M shares stake. Fmr Ltd Liability Corp reported 0% stake. Ngam Advisors LP invested in 42,675 shares or 0.01% of the stock.

Analysts await Starwood Property Trust, Inc. (NYSE:STWD) to report earnings on February, 22. They expect $0.50 earnings per share, up 8.70% or $0.04 from last year’s $0.46 per share. STWD’s profit will be $130.11 million for 10.88 P/E if the $0.50 EPS becomes a reality. After $0.64 actual earnings per share reported by Starwood Property Trust, Inc. for the previous quarter, Wall Street now forecasts -21.88% negative EPS growth.

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 23 analyst reports since August 5, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Starwood Property Trust, Inc. (NYSE:STWD) on Monday, May 29 with “Buy” rating. The stock of Starwood Property Trust, Inc. (NYSE:STWD) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, September 14. The firm has “Outperform” rating given on Tuesday, December 1 by JMP Securities. The stock of Starwood Property Trust, Inc. (NYSE:STWD) has “Neutral” rating given on Monday, August 15 by Compass Point. The stock of Starwood Property Trust, Inc. (NYSE:STWD) has “Buy” rating given on Thursday, July 6 by Keefe Bruyette & Woods. The firm has “Neutral” rating given on Wednesday, January 13 by Goldman Sachs. The firm has “Outperform” rating given on Monday, September 26 by Credit Suisse. The stock of Starwood Property Trust, Inc. (NYSE:STWD) has “Market Perform” rating given on Wednesday, August 5 by Wells Fargo. FBR Capital maintained the stock with “Buy” rating in Monday, November 27 report. The company was maintained on Friday, August 7 by Deutsche Bank.

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