Summit Trail Advisors LLC Raises Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Summit Trail Advisors LLC increased its position in Starwood Property Trust, Inc. (NYSE:STWD) by 3.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,015 shares of the real estate investment trust’s stock after buying an additional 760 shares during the quarter. Summit Trail Advisors LLC’s holdings in Starwood Property Trust were worth $522,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Starwood Property Trust by 66.7% in 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 purchasing an additional 90,046 shares in the last quarter. Quest Partners LLC increased its holdings in Starwood Property Trust by 128.7% in the 3rd quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after purchasing an additional 37,554 shares in the last quarter. Stratos Wealth Advisors LLC increased its holdings in Starwood Property Trust by 79.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 82,637 shares of the real estate investment trust’s stock valued at $1,684,000 after purchasing an additional 36,493 shares in the last quarter. Van ECK Associates Corp increased its holdings in Starwood Property Trust by 27.1% in the 3rd 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 purchasing an additional 279,793 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in Starwood Property Trust by 70.0% in the 1st quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock valued at $6,808,000 after purchasing an additional 137,923 shares in the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Price Performance

NYSE STWD opened at $20.19 on Wednesday. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month high of $22.29. 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 firm has a market capitalization of $6.81 billion, a PE ratio of 17.25 and a beta of 1.70. The company’s 50 day simple moving average is $20.00 and its 200 day simple moving average is $19.79.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data 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 net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same quarter last year, the business earned $0.46 earnings per share. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. As a group, equities research analysts forecast that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on STWD shares. Wells Fargo & Company increased their price target on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. JMP Securities lowered their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their target price for the company from $20.50 to $22.50 in a research note on Thursday, September 5th. JPMorgan Chase & Co. lowered their target price on 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. Finally, UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. 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 MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.

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.