Handelsbanken Fonder AB Cuts Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Handelsbanken Fonder AB lessened its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 14.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 99,697 shares of the real estate investment trust’s stock after selling 16,900 shares during the period. Handelsbanken Fonder AB’s holdings in Starwood Property Trust were worth $1,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WealthBridge Capital Management LLC grew its stake in Starwood Property Trust by 5.5% in the fourth quarter. WealthBridge Capital Management LLC now owns 45,296 shares of the real estate investment trust’s stock valued at $858,000 after purchasing an additional 2,374 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Starwood Property Trust by 3.5% during the fourth quarter. Private Advisor Group LLC now owns 63,075 shares of the real estate investment trust’s stock worth $1,195,000 after acquiring an additional 2,116 shares during the last quarter. Kestra Investment Management LLC grew its stake in shares of Starwood Property Trust by 27.4% during the fourth quarter. Kestra Investment Management LLC now owns 140,621 shares of the real estate investment trust’s stock worth $2,665,000 after acquiring an additional 30,241 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Starwood Property Trust by 31.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after acquiring an additional 20,840 shares during the last quarter. Finally, D.A. Davidson & CO. grew its stake in shares of Starwood Property Trust by 3.2% during the fourth quarter. D.A. Davidson & CO. now owns 61,272 shares of the real estate investment trust’s stock worth $1,161,000 after acquiring an additional 1,922 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.6 %

Starwood Property Trust stock opened at $20.02 on Wednesday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 17.11 and a beta of 1.69. The stock has a 50-day moving average price of $19.35 and a 200 day moving average price of $19.80.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on STWD. Keefe, Bruyette & Woods dropped their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. UBS Group boosted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Finally, JMP Securities dropped their price target on 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. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average target price of $22.13.

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.