Pinion Investment Advisors LLC boosted its stake in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 12.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,574 shares of the real estate investment trust’s stock after buying an additional 2,750 shares during the period. Pinion Investment Advisors LLC’s holdings in Starwood Property Trust were worth $485,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in shares of Starwood Property Trust by 8.1% during the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after buying an additional 399,672 shares during the period. Bank of New York Mellon Corp boosted its holdings in Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock valued at $50,593,000 after acquiring an additional 10,979 shares during the period. Charles Schwab Investment Management Inc. grew its position in Starwood Property Trust by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,153,097 shares of the real estate investment trust’s stock valued at $40,801,000 after acquiring an additional 43,109 shares in the last quarter. HighTower Advisors LLC increased its stake in Starwood Property Trust by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after buying an additional 150,576 shares during the period. Finally, Van ECK Associates Corp increased its position in shares of Starwood Property Trust by 27.1% during the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock worth $26,106,000 after acquiring an additional 279,793 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on STWD. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. JMP Securities decreased their target price 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. UBS Group increased their price target 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. reduced their price objective on shares of 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 research 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.13.
Starwood Property Trust Stock Down 1.9 %
Shares of NYSE:STWD opened at $20.12 on Tuesday. The company has a market cap of $6.78 billion, a price-to-earnings ratio of 17.20 and a beta of 1.69. The firm’s 50-day simple moving average is $19.43 and its 200-day simple moving average is $19.82. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. 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 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.
Featured Stories
- Five stocks we like better than Starwood Property Trust
- Are Penny Stocks a Good Fit for Your Portfolio?
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- What is a buyback in stocks? A comprehensive guide for investors
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- What Investors Need to Know to Beat the Market
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD – Free Report).
Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.