Apollon Wealth Management LLC Reduces Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Apollon Wealth Management LLC trimmed its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,660 shares of the real estate investment trust’s stock after selling 3,884 shares during the period. Apollon Wealth Management LLC’s holdings in Starwood Property Trust were worth $1,282,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Albion Financial Group UT bought a new position in Starwood Property Trust in the fourth quarter valued at about $28,000. Brooklyn Investment Group grew its holdings in Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the period. UMB Bank n.a. increased its position in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares in the last quarter. Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust in the third quarter worth about $41,000. Finally, Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust during the 3rd quarter valued at about $55,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 0.7 %

Shares of STWD opened at $19.58 on Tuesday. 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 debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The company’s fifty day moving average is $19.41 and its 200 day moving average is $19.78. The stock has a market capitalization of $6.60 billion, a PE ratio of 16.73 and a beta of 1.69.

Analyst Upgrades and Downgrades

A number of research firms have commented on STWD. Keefe, Bruyette & Woods decreased their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. UBS Group lifted their target price 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. JMP Securities dropped their target price on shares of 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. Finally, JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Three investment 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

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.