Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. reduced its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 64.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,698 shares of the real estate investment trust’s stock after selling 78,588 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Starwood Property Trust were worth $883,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Altshuler Shaham Ltd purchased a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $28,000. Future Financial Wealth Managment LLC purchased a new position in Starwood Property Trust in the third quarter worth approximately $34,000. Quarry LP acquired a new stake in Starwood Property Trust during the second quarter worth $36,000. Godsey & Gibb Inc. purchased a new stake in Starwood Property Trust in the third quarter valued at $41,000. Finally, Fifth Third Bancorp raised its position in Starwood Property Trust by 26.0% in the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 531 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Down 1.6 %

NYSE STWD opened at $19.85 on Wednesday. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 16.97 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month high of $22.29. The company’s fifty day moving average price is $19.92 and its two-hundred day moving average price is $19.83.

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, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 earnings per share. As a group, research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages 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. Wells Fargo & Company boosted their target price 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. UBS Group lifted their price target 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. JMP Securities dropped their target price 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. Finally, Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $20.50 to $22.50 in a research note on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and an average price target of $22.25.

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.