Janney Montgomery Scott LLC boosted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 21.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,553 shares of the real estate investment trust’s stock after purchasing an additional 6,288 shares during the period. Janney Montgomery Scott LLC’s holdings in Starwood Property Trust were worth $674,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the 4th quarter valued at $28,000. Brooklyn Investment Group boosted its position 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 valued at $30,000 after purchasing an additional 730 shares during the last quarter. UMB Bank n.a. grew its stake in 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 valued at $33,000 after purchasing an additional 717 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in Starwood Property Trust in the third quarter valued at about $34,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of Starwood Property Trust during the 3rd quarter worth about $41,000. Institutional investors and hedge funds own 49.82% of the company’s stock.
Starwood Property Trust Trading Down 0.6 %
Shares of STWD stock opened at $19.69 on Friday. The firm has a market capitalization 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 firm’s fifty day simple moving average is $19.43 and its 200 day simple moving average 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.
Analyst Upgrades and Downgrades
A number of research firms recently commented on STWD. Keefe, Bruyette & Woods dropped 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 dropped their price target on shares of 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. UBS Group lifted 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 note on Friday, November 15th. Finally, JPMorgan Chase & Co. lowered 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. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus target price of $22.13.
Check Out Our Latest Report on Starwood Property Trust
About Starwood Property Trust
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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