Yousif Capital Management LLC reduced its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 126,182 shares of the real estate investment trust’s stock after selling 3,496 shares during the quarter. Yousif Capital Management LLC’s holdings in Starwood Property Trust were worth $2,391,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of STWD. AQR Capital Management LLC purchased a new position in Starwood Property Trust during the second quarter valued at approximately $203,000. Cubist Systematic Strategies LLC purchased a new position in Starwood Property Trust during the second quarter valued at approximately $244,000. SG Americas Securities LLC raised its position in Starwood Property Trust by 14.1% during the third quarter. SG Americas Securities LLC now owns 29,368 shares of the real estate investment trust’s stock valued at $599,000 after acquiring an additional 3,640 shares in the last quarter. GAMMA Investing LLC raised its position in Starwood Property Trust by 33.7% during the third quarter. GAMMA Investing LLC now owns 3,025 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 762 shares in the last quarter. Finally, Creative Planning raised its position in Starwood Property Trust by 67.0% during the third quarter. Creative Planning now owns 53,441 shares of the real estate investment trust’s stock valued at $1,089,000 after acquiring an additional 21,440 shares in the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have recently commented on STWD shares. UBS Group boosted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. JMP Securities cut their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.
Starwood Property Trust Stock Performance
Shares of NYSE:STWD opened at $19.58 on Tuesday. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The business’s 50 day moving average price is $19.41 and its 200-day moving average price is $19.78. The firm has a market capitalization of $6.60 billion, a PE ratio of 16.73 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.
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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