Starwood Property Trust, Inc. (NYSE:STWD) Shares Bought by Truvestments Capital LLC

Truvestments Capital LLC lifted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 144,305 shares of the real estate investment trust’s stock after purchasing an additional 2,508 shares during the period. Truvestments Capital LLC’s holdings in Starwood Property Trust were worth $2,941,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Fisher Asset Management LLC acquired a new stake in Starwood Property Trust during the third quarter valued at approximately $711,000. Summit Trail Advisors LLC raised its position in shares of Starwood Property Trust by 3.1% during the 3rd quarter. Summit Trail Advisors LLC now owns 25,015 shares of the real estate investment trust’s stock valued at $522,000 after acquiring an additional 760 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Centaurus Financial Inc. now owns 63,802 shares of the real estate investment trust’s stock valued at $1,300,000 after acquiring an additional 3,525 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in Starwood Property Trust by 17.2% in the third quarter. Penserra Capital Management LLC now owns 78,693 shares of the real estate investment trust’s stock worth $1,603,000 after purchasing an additional 11,560 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in Starwood Property Trust by 6.0% in the third quarter. Kingsview Wealth Management LLC now owns 14,474 shares of the real estate investment trust’s stock worth $295,000 after purchasing an additional 821 shares during the period. Institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on STWD. JPMorgan Chase & Co. reduced 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. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. UBS Group upped their target price on 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 cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a report on Thursday, November 7th. Finally, Wells Fargo & Company upped their price objective on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Up 0.4 %

STWD opened at $20.00 on Monday. The stock’s 50 day moving average price is $20.00 and its 200 day moving average price is $19.79. 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 stock has a market cap of $6.74 billion, a P/E ratio of 17.03 and a beta of 1.70. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month 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 analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same period last year, the company earned $0.46 earnings per share. As a group, research analysts predict that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

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.