Stifel Financial Corp Has $8.07 Million Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Stifel Financial Corp increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 18.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 395,955 shares of the real estate investment trust’s stock after purchasing an additional 61,276 shares during the period. Stifel Financial Corp owned approximately 0.12% of Starwood Property Trust worth $8,070,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in STWD. Altshuler Shaham Ltd bought a new stake in Starwood Property Trust during the 2nd quarter worth approximately $28,000. Future Financial Wealth Managment LLC acquired a new stake in Starwood Property Trust during the 3rd quarter worth $34,000. Quarry LP acquired a new stake in Starwood Property Trust during the 2nd quarter worth $36,000. Godsey & Gibb Inc. acquired a new stake in Starwood Property Trust during the 3rd quarter worth $41,000. Finally, Fifth Third Bancorp raised its stake in shares of Starwood Property Trust by 26.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 531 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group lifted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. JMP Securities decreased their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Wells Fargo & Company raised their price objective on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. Finally, Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.25.

Starwood Property Trust Trading Up 0.4 %

Starwood Property Trust stock opened at $20.25 on Friday. Starwood Property Trust, Inc. has a 52 week low of $18.43 and a 52 week high of $22.29. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market capitalization of $6.83 billion, a P/E ratio of 17.31 and a beta of 1.69. The stock has a 50-day simple moving average of $19.90 and a 200 day simple moving average of $19.80.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The business’s revenue was down 8.1% on a year-over-year basis. Analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

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.