Aigen Investment Management LP Purchases 4,968 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Aigen Investment Management LP raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,693 shares of the real estate investment trust’s stock after acquiring an additional 4,968 shares during the quarter. Aigen Investment Management LP’s holdings in Starwood Property Trust were worth $972,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in STWD. Sunbelt Securities Inc. raised its stake in Starwood Property Trust by 0.9% during the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock valued at $1,081,000 after purchasing an additional 517 shares during the period. Fortem Financial Group LLC grew its stake in Starwood Property Trust by 2.0% during the second quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 519 shares in the last quarter. Fifth Third Bancorp increased its holdings in 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 acquiring an additional 531 shares during the last quarter. First Foundation Advisors lifted its stake in Starwood Property Trust by 9.4% in the 1st quarter. First Foundation Advisors now owns 8,307 shares of the real estate investment trust’s stock worth $169,000 after purchasing an additional 717 shares in the last quarter. Finally, Whittier Trust Co. boosted its holdings in shares of Starwood Property Trust by 0.4% during the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust’s stock valued at $3,044,000 after purchasing an additional 720 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on STWD. BTIG Research reissued a “buy” rating and set a $24.00 price target on shares of Starwood Property Trust in a research note on Friday, July 19th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $20.50 to $22.50 in a research note on Thursday, September 5th. Wells Fargo & Company upped their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, November 7th. Finally, JMP Securities decreased their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average price target of $22.38.

Starwood Property Trust Trading Down 1.3 %

Shares of NYSE STWD opened at $19.30 on Wednesday. Starwood Property Trust, Inc. has a fifty-two week low of $18.43 and a fifty-two 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 company has a market cap of $6.51 billion, a price-to-earnings ratio of 16.49 and a beta of 1.70. The business’s 50 day moving average price is $20.03 and its 200-day moving average price is $19.78.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business’s revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. On average, sell-side analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

About Starwood Property Trust

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.