Woodward Diversified Capital LLC Reduces Position in Starwood Property Trust, Inc. (NYSE:STWD)

Woodward Diversified Capital LLC decreased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 2.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 46,856 shares of the real estate investment trust’s stock after selling 950 shares during the period. Woodward Diversified Capital LLC’s holdings in Starwood Property Trust were worth $888,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after purchasing an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Starwood Property Trust by 147.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after buying an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Starwood Property Trust by 66.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after buying an additional 90,046 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Starwood Property Trust in the 3rd quarter worth $2,250,000. Finally, Quest Partners LLC grew its holdings in shares of Starwood Property Trust by 128.7% in the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock worth $1,360,000 after acquiring an additional 37,554 shares during the period. Institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on STWD shares. Keefe, Bruyette & Woods dropped their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Finally, JMP Securities cut their price objective on shares of 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. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.13.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $19.69 on Friday. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The firm has a fifty day moving average price of $19.43 and a 200-day moving average price of $19.79. The stock has a market cap of $6.64 billion, a PE ratio of 16.83 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last posted 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. The business had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period last year, the firm earned $0.46 earnings per share. Equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

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.