NFC Investments LLC Grows Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

NFC Investments LLC increased its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 0.8% during the third quarter, Holdings Channel.com reports. The fund owned 635,948 shares of the real estate investment trust’s stock after buying an additional 4,755 shares during the period. Starwood Property Trust makes up about 3.7% of NFC Investments LLC’s portfolio, making the stock its 10th biggest position. NFC Investments LLC’s holdings in Starwood Property Trust were worth $12,961,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD boosted its position in Starwood Property Trust by 5.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 177,957 shares of the real estate investment trust’s stock valued at $3,618,000 after acquiring an additional 9,208 shares during the last quarter. Cetera Investment Advisers grew its stake in Starwood Property Trust by 70.0% during the first quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock worth $6,808,000 after purchasing an additional 137,923 shares during the period. Cetera Advisors LLC increased its holdings in Starwood Property Trust by 236.4% in the first quarter. Cetera Advisors LLC now owns 126,267 shares of the real estate investment trust’s stock worth $2,567,000 after purchasing an additional 88,731 shares in the last quarter. GAMMA Investing LLC lifted its stake in Starwood Property Trust by 54.1% in the second quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 794 shares during the period. Finally, Kingswood Wealth Advisors LLC bought a new position in shares of Starwood Property Trust during the 2nd quarter worth approximately $230,000. 49.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, November 7th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. JMP Securities cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Wells Fargo & Company boosted their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. Finally, UBS Group increased 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. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Down 0.6 %

Shares of Starwood Property Trust stock traded down $0.12 on Tuesday, hitting $20.17. The company had a trading volume of 213,990 shares, compared to its average volume of 2,282,526. Starwood Property Trust, Inc. has a 1 year low of $18.43 and a 1 year high of $22.29. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a 50 day moving average of $19.96 and a 200-day moving average of $19.79. The stock has a market capitalization of $6.80 billion, a price-to-earnings ratio of 17.34 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same period in the prior year, the firm posted $0.46 EPS. Starwood Property Trust’s quarterly revenue was down 8.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

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.