Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp trimmed its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 19.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,063,226 shares of the real estate investment trust’s stock after selling 250,598 shares during the period. Van ECK Associates Corp owned about 0.32% of Starwood Property Trust worth $20,148,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of STWD. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the 4th quarter worth approximately $28,000. Brooklyn Investment Group increased its stake in shares of Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 730 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Starwood Property Trust by 69.7% during the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares in the last quarter. Godsey & Gibb Inc. purchased a new position in shares of Starwood Property Trust during the 3rd quarter worth approximately $41,000. Finally, Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust during the 3rd quarter worth approximately $55,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on STWD. Keefe, Bruyette & Woods dropped their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. UBS Group lifted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Finally, JMP Securities lowered 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 note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.

Starwood Property Trust Stock Up 0.6 %

STWD stock opened at $19.78 on Friday. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The company has a 50 day moving average price of $19.38 and a two-hundred day moving average price of $19.78. The stock has a market capitalization of $6.67 billion, a P/E ratio of 16.91 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

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.