Commonwealth Equity Services LLC boosted its holdings in Starwood Property Trust, Inc. (NYSE:STWD – Get Rating) by 3.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 236,679 shares of the real estate investment trust’s stock after purchasing an additional 8,151 shares during the quarter. Commonwealth Equity Services LLC owned 0.08% of Starwood Property Trust worth $4,312,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. CoreCap Advisors LLC acquired a new stake in Starwood Property Trust in the 2nd quarter worth about $28,000. Wipfli Financial Advisors LLC acquired a new stake in Starwood Property Trust in the 3rd quarter worth about $39,000. Sugarloaf Wealth Management LLC raised its stake in Starwood Property Trust by 63.6% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 2,416 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 939 shares in the last quarter. Stonebridge Capital Advisors LLC raised its stake in Starwood Property Trust by 50.0% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 3,000 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 1,000 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in Starwood Property Trust in the 3rd quarter worth about $74,000. Institutional investors and hedge funds own 43.77% of the company’s stock.
Starwood Property Trust Price Performance
STWD opened at $19.65 on Thursday. The firm has a market cap of $6.10 billion, a P/E ratio of 7.17 and a beta of 1.57. The firm has a 50-day moving average of $19.92 and a 200 day moving average of $20.48. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.84 and a current ratio of 1.84. Starwood Property Trust, Inc. has a fifty-two week low of $17.69 and a fifty-two week high of $24.79.
Starwood Property Trust Announces Dividend
Analysts Set New Price Targets
Separately, Credit Suisse Group cut shares of Starwood Property Trust from an “outperform” rating to a “neutral” rating in a research note on Monday, January 9th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.58.
About Starwood Property Trust
Starwood Property Trust, Inc engages in originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending, Infrastructure Lending, Real Estate Property, and Real Estate Investing and Servicing.
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