Carmel Capital Partners LLC Boosts Position in Starwood Property Trust, Inc. (NYSE:STWD)

Carmel Capital Partners LLC lifted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 147,408 shares of the real estate investment trust’s stock after acquiring an additional 15,457 shares during the period. Starwood Property Trust accounts for approximately 1.1% of Carmel Capital Partners LLC’s portfolio, making the stock its 12th biggest position. Carmel Capital Partners LLC’s holdings in Starwood Property Trust were worth $2,793,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of STWD. Raymond James Financial Inc. purchased a new position in shares of Starwood Property Trust during the 4th quarter worth $48,841,000. Leeward Investments LLC MA purchased a new position in shares of Starwood Property Trust during the 4th quarter worth $24,791,000. Geode Capital Management LLC raised its holdings in shares of Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after acquiring an additional 399,672 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Starwood Property Trust by 78.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock worth $18,174,000 after acquiring an additional 390,787 shares during the period. Finally, Columbus Macro LLC purchased a new position in shares of Starwood Property Trust during the 4th quarter worth $7,022,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. UBS Group lifted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a 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. 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. Finally, 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. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.21.

Starwood Property Trust Stock Performance

NYSE STWD opened at $20.12 on Thursday. The company has a market cap of $6.78 billion, a P/E ratio of 17.19 and a beta of 1.69. 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 stock has a 50-day moving average of $19.44 and a two-hundred day moving average of $19.82. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17.

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.