Adell Harriman & Carpenter Inc. Lowers Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Adell Harriman & Carpenter Inc. trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 296,474 shares of the real estate investment trust’s stock after selling 12,715 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Starwood Property Trust were worth $5,618,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in 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 valued at $108,960,000 after purchasing an additional 399,672 shares during the last quarter. 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 acquiring an additional 116,182 shares in the last quarter. HighTower Advisors LLC lifted its stake in Starwood Property Trust by 9.6% in the third quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after acquiring an additional 150,576 shares during the period. Van ECK Associates Corp boosted its holdings in Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after acquiring an additional 279,793 shares in the last quarter. Finally, Raymond James & Associates increased its position in Starwood Property Trust by 0.6% during the 3rd quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after purchasing an additional 6,616 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on STWD. Keefe, Bruyette & Woods cut 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 boosted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. JMP Securities dropped 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 note on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased 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 research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Trading Up 0.6 %

Shares of NYSE:STWD opened at $19.78 on Friday. The stock’s fifty day moving average price is $19.38 and its 200-day moving average price is $19.78. 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 company has a market cap of $6.67 billion, a P/E ratio of 16.91 and a beta of 1.69. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17.

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.