Focus Financial Network Inc. Acquires 3,289 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Focus Financial Network Inc. increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,758 shares of the real estate investment trust’s stock after buying an additional 3,289 shares during the quarter. Focus Financial Network Inc.’s holdings in Starwood Property Trust were worth $617,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Summit Trail Advisors LLC grew its position in Starwood Property Trust by 85.8% during the 4th quarter. Summit Trail Advisors LLC now owns 46,484 shares of the real estate investment trust’s stock worth $903,000 after acquiring an additional 21,469 shares during the last quarter. Aubrey Capital Management Ltd bought a new position in Starwood Property Trust in the 4th quarter valued at approximately $588,000. Focused Wealth Management Inc boosted its position in Starwood Property Trust by 16.0% during the 4th quarter. Focused Wealth Management Inc now owns 185,124 shares of the real estate investment trust’s stock worth $3,508,000 after buying an additional 25,573 shares during the period. Empowered Funds LLC grew its holdings in Starwood Property Trust by 11.2% during the 4th quarter. Empowered Funds LLC now owns 12,941 shares of the real estate investment trust’s stock worth $245,000 after acquiring an additional 1,308 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its position in Starwood Property Trust by 16.9% in the 4th quarter. Bleakley Financial Group LLC now owns 31,046 shares of the real estate investment trust’s stock valued at $588,000 after acquiring an additional 4,496 shares during the period. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 1.2 %

Shares of STWD stock opened at $19.42 on Thursday. The company has a market cap of $6.55 billion, a P/E ratio of 16.60 and a beta of 1.69. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The stock has a 50 day simple moving average of $19.39 and a two-hundred day simple moving average of $19.78. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. JMP Securities reduced their price target on 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. Keefe, Bruyette & Woods lowered their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Finally, 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. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.13.

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.