D.A. Davidson & CO. Purchases 1,922 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

D.A. Davidson & CO. boosted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 3.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 61,272 shares of the real estate investment trust’s stock after purchasing an additional 1,922 shares during the period. D.A. Davidson & CO.’s holdings in Starwood Property Trust were worth $1,161,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Starwood Property Trust by 8.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after buying an additional 399,672 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after acquiring an additional 116,182 shares during the period. HighTower Advisors LLC boosted its position in Starwood Property Trust by 9.6% in the third quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after purchasing an additional 150,576 shares during the last quarter. Van ECK Associates Corp grew its stake in Starwood Property Trust by 27.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after purchasing an additional 279,793 shares during the period. Finally, Valley Wealth Managers Inc. increased its position in shares of Starwood Property Trust by 30.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust’s stock valued at $20,919,000 after purchasing an additional 238,994 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE STWD opened at $19.93 on Monday. The firm has a market cap of $6.72 billion, a P/E ratio of 17.03 and a beta of 1.69. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The company’s 50 day moving average is $19.35 and its 200-day moving average is $19.80. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17.

Analyst Ratings Changes

A number of equities analysts recently weighed in on STWD shares. JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. JMP Securities dropped their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Finally, UBS Group lifted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $22.13.

Starwood Property Trust 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.