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

D.A. Davidson & CO. increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,272 shares of the real estate investment trust’s stock after buying an additional 1,922 shares during the quarter. D.A. Davidson & CO.’s holdings in Starwood Property Trust were worth $1,161,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in shares of Starwood Property Trust by 8.1% during the third 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 in the last quarter. Charles Schwab Investment Management Inc. grew its position in Starwood Property Trust by 5.8% during the 3rd 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 last quarter. HighTower Advisors LLC increased its holdings in Starwood Property Trust by 9.6% in the 3rd 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 in the last quarter. Van ECK Associates Corp boosted its stake in shares of Starwood Property Trust by 27.1% during the third 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 in the last quarter. Finally, Valley Wealth Managers Inc. grew its holdings in shares of Starwood Property Trust by 30.3% during the third quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust’s stock worth $20,919,000 after purchasing an additional 238,994 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

STWD has been the topic of several recent research reports. JPMorgan Chase & Co. cut their target price on shares of 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 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. 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. Finally, Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. 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 a consensus rating of “Moderate Buy” and an average price target of $22.13.

Starwood Property Trust Trading Down 0.8 %

NYSE STWD opened at $19.93 on Monday. The stock has a market capitalization of $6.72 billion, a P/E ratio of 17.03 and a beta of 1.69. The business has a 50 day simple moving average of $19.35 and a 200 day simple moving average of $19.80. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17.

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.