Benjamin Edwards Inc. Takes $1.48 Million Position in Starwood Property Trust, Inc. (NYSE:STWD)

Benjamin Edwards Inc. acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 72,492 shares of the real estate investment trust’s stock, valued at approximately $1,477,000.

Several other large investors have also recently added to or reduced their stakes in STWD. Altshuler Shaham Ltd bought a new position in shares of Starwood Property Trust in the second quarter worth $28,000. Future Financial Wealth Managment LLC acquired a new position in Starwood Property Trust during the 3rd quarter valued at about $34,000. Quarry LP bought a new stake in shares of Starwood Property Trust during the 2nd quarter worth about $36,000. Godsey & Gibb Inc. acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth approximately $41,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Starwood Property Trust by 54.1% in the second quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 794 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

STWD stock opened at $19.97 on Friday. The firm has a 50-day moving average of $19.92 and a two-hundred day moving average of $19.78. The firm has a market capitalization of $6.73 billion, a PE ratio of 17.07 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 one year low of $18.43 and a one year high of $22.29.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $488.63 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The firm’s quarterly revenue was down 8.1% on a year-over-year basis. On average, analysts forecast that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on STWD shares. JMP Securities cut 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 report on Thursday, November 7th. Wells Fargo & Company raised their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research report on Thursday, November 7th. UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. Three 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.25.

About Starwood Property Trust

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.