Summit Trail Advisors LLC boosted its stake in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 85.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,484 shares of the real estate investment trust’s stock after purchasing an additional 21,469 shares during the quarter. Summit Trail Advisors LLC’s holdings in Starwood Property Trust were worth $903,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Albion Financial Group UT acquired a new stake in Starwood Property Trust in the 4th quarter valued at $28,000. Brooklyn Investment Group lifted its stake in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Starwood Property Trust by 69.7% during 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 buying an additional 717 shares during the last quarter. Godsey & Gibb Inc. bought a new stake in shares of Starwood Property Trust during the third quarter worth about $41,000. Finally, Point72 DIFC Ltd acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth about $55,000. 49.82% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have commented on STWD shares. JMP Securities decreased their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. 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. UBS Group increased their price target 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. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. Three equities research 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.13.
Starwood Property Trust Stock Performance
Shares of Starwood Property Trust stock opened at $19.63 on Wednesday. The business’s fifty day simple moving average is $19.40 and its 200 day simple moving average is $19.78. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17. The firm has a market capitalization of $6.62 billion, a P/E ratio of 16.78 and a beta of 1.69.
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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