Global Retirement Partners LLC Has $601,000 Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Global Retirement Partners LLC trimmed its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,692 shares of the real estate investment trust’s stock after selling 1,136 shares during the period. Global Retirement Partners LLC’s holdings in Starwood Property Trust were worth $601,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Albion Financial Group UT acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at approximately $28,000. Brooklyn Investment Group lifted its position in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares during the last quarter. UMB Bank n.a. lifted its position in shares of 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 valued at $33,000 after buying an additional 717 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Starwood Property Trust in the third quarter valued at approximately $55,000. Finally, Covestor Ltd lifted its position in shares of Starwood Property Trust by 23.6% in the third quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust’s stock valued at $121,000 after buying an additional 1,137 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $19.93 on Friday. The firm has a market cap of $6.72 billion, a P/E ratio of 17.03 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17. The business’s 50 day moving average is $19.35 and its 200-day moving average is $19.79.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of recent analyst reports. UBS Group raised their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. 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. JPMorgan Chase & Co. lowered their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, JMP Securities lowered their target price on 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. Three equities 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 company’s stock. Based on data from MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus price target 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.