Schechter Investment Advisors LLC increased its stake in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 5.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 17,147 shares of the real estate investment trust’s stock after buying an additional 910 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Starwood Property Trust were worth $325,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. Albion Financial Group UT purchased a new position in Starwood Property Trust in the fourth quarter valued at about $28,000. Brooklyn Investment Group lifted its stake in Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the last quarter. UMB Bank n.a. grew its holdings in Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 717 shares during the period. Smartleaf Asset Management LLC grew its holdings in Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 854 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in Starwood Property Trust in the third quarter worth $55,000. Institutional investors own 49.82% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently weighed in on STWD. JMP Securities cut their price target on 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. 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 note on Tuesday, January 14th. JPMorgan Chase & Co. lowered 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 research report on Tuesday, January 21st. Finally, UBS Group raised their price objective 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. Two 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.21.
Starwood Property Trust Price Performance
Shares of NYSE:STWD opened at $20.12 on Thursday. The company has a 50 day moving average of $19.44 and a 200 day moving average of $19.82. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market cap of $6.78 billion, a P/E ratio of 17.19 and a beta of 1.69. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17.
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.
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