Starwood Property Trust, Inc. (NYSE:STWD) Position Increased by Highland Capital Management LLC

Highland Capital Management LLC increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 19.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,450 shares of the real estate investment trust’s stock after buying an additional 7,500 shares during the period. Highland Capital Management LLC’s holdings in Starwood Property Trust were worth $861,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of STWD. Marshall Wace LLP lifted its stake in Starwood Property Trust by 161.2% in the second quarter. Marshall Wace LLP now owns 39,467 shares of the real estate investment trust’s stock valued at $748,000 after buying an additional 24,357 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Starwood Property Trust in the 2nd quarter valued at about $244,000. AQR Capital Management LLC acquired a new position in Starwood Property Trust during the 2nd quarter valued at about $203,000. Algert Global LLC bought a new position in Starwood Property Trust in the 2nd quarter worth about $568,000. Finally, Quarry LP acquired a new stake in shares of Starwood Property Trust in the second quarter valued at approximately $36,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on STWD shares. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. UBS Group increased their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities decreased their target price on shares of 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. 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.13.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $19.37 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a 50-day moving average of $19.50 and a 200-day moving average of $19.81. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 16.55 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last posted its quarterly 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 net margin of 18.82% and a return on equity of 9.93%. The firm had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. The firm’s quarterly revenue was down 8.1% compared to the same quarter last year. Analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

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.