QRG Capital Management Inc. Boosts Stake in Starwood Property Trust, Inc. (NYSE:STWD)

QRG Capital Management Inc. grew its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 220,856 shares of the real estate investment trust’s stock after acquiring an additional 7,579 shares during the quarter. QRG Capital Management Inc. owned about 0.07% of Starwood Property Trust worth $4,185,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of STWD. Albion Financial Group UT acquired a new stake in Starwood Property Trust during the 4th quarter worth approximately $28,000. Brooklyn Investment Group grew its stake in Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 730 shares during the period. UMB Bank n.a. increased its position in shares of Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust in the 3rd quarter valued at $55,000. Finally, Covestor Ltd lifted its holdings in shares of Starwood Property Trust by 23.6% during the 3rd quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust’s stock valued at $121,000 after acquiring an additional 1,137 shares in the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

Shares of STWD opened at $20.52 on Friday. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 17.54 and a beta of 1.69. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The business’s 50 day moving average is $19.41 and its two-hundred day moving average is $19.81. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. JMP Securities cut 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. Keefe, Bruyette & Woods dropped their target price 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. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Finally, UBS Group increased their price objective 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 research 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $22.13.

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.