Leo Wealth LLC Sells 1,045 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Leo Wealth LLC trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.9% in the fourth quarter, HoldingsChannel reports. The firm owned 25,482 shares of the real estate investment trust’s stock after selling 1,045 shares during the period. Leo Wealth LLC’s holdings in Starwood Property Trust were worth $483,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of STWD. AQR Capital Management LLC bought a new position in shares of Starwood Property Trust in the second quarter valued at about $203,000. Cubist Systematic Strategies LLC bought a new position in shares of Starwood Property Trust in the second quarter worth about $244,000. SG Americas Securities LLC lifted its position in shares of Starwood Property Trust by 14.1% during the third quarter. SG Americas Securities LLC now owns 29,368 shares of the real estate investment trust’s stock worth $599,000 after purchasing an additional 3,640 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Starwood Property Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 3,025 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 762 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of Starwood Property Trust in the third quarter valued at approximately $34,000. Institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JMP Securities cut their price target on 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. JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Finally, UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average price target of $22.13.

Starwood Property Trust Price Performance

Shares of STWD opened at $19.69 on Friday. The stock has a market cap of $6.64 billion, a P/E ratio of 16.83 and a beta of 1.69. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The stock’s 50-day moving average price is $19.43 and its two-hundred day moving average price is $19.79. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61.

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, beating analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm 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 earned $0.46 earnings per share. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 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.