Schechter Investment Advisors LLC lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 5.6% in the 4th quarter, Holdings Channel reports. The firm owned 17,147 shares of the real estate investment trust’s stock after acquiring an additional 910 shares during the period. Schechter Investment Advisors LLC’s holdings in Starwood Property Trust were worth $325,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the stock. Leeward Investments LLC MA bought a new stake in Starwood Property Trust during the fourth quarter valued at approximately $24,791,000. Geode Capital Management LLC lifted its holdings in shares of Starwood Property Trust by 8.1% during 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 acquiring an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Starwood Property Trust by 78.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock worth $18,174,000 after acquiring an additional 390,787 shares in the last quarter. Columbus Macro LLC bought a new position in Starwood Property Trust in the fourth quarter valued at $7,022,000. Finally, Waterfront Capital Partners LLC purchased a new stake in Starwood Property Trust during the third quarter valued at about $5,411,000. 49.82% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. UBS Group increased their price target 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. Keefe, Bruyette & Woods decreased their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Two research 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.21.
Starwood Property Trust Stock Performance
NYSE:STWD opened at $20.12 on Thursday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The business has a 50 day moving average price of $19.44 and a 200-day moving average price of $19.82. The firm has a market cap of $6.78 billion, a PE ratio of 17.19 and a beta of 1.69.
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.
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