Y Intercept Hong Kong Ltd Invests $506,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Y Intercept Hong Kong Ltd acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 24,842 shares of the real estate investment trust’s stock, valued at approximately $506,000.

Several other large investors also recently bought and sold shares of STWD. Charles Schwab Investment Management Inc. grew its position in Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Starwood Property Trust by 147.2% in the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after acquiring an additional 134,121 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in Starwood Property Trust by 66.7% during the third 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 acquiring an additional 90,046 shares during the last quarter. Kestra Investment Management LLC bought a new position in Starwood Property Trust in the third quarter valued at about $2,250,000. Finally, Quest Partners LLC boosted its position in Starwood Property Trust by 128.7% in the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock worth $1,360,000 after purchasing an additional 37,554 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Down 0.5 %

Shares of STWD stock opened at $20.14 on Monday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a fifty day simple moving average of $19.90 and a two-hundred day simple moving average of $19.82. The firm has a market capitalization of $6.79 billion, a PE ratio of 17.21 and a beta of 1.69. Starwood Property Trust, Inc. has a 52-week low of $18.43 and a 52-week high of $22.29.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter last year, the business posted $0.46 earnings per share. The firm’s revenue was down 8.1% on a year-over-year basis. On average, analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wells Fargo & Company upped their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. JMP Securities decreased their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods raised 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. Finally, UBS Group boosted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.25.

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.