Rockefeller Capital Management L.P. Sells 6,226 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Rockefeller Capital Management L.P. lowered its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 439,863 shares of the real estate investment trust’s stock after selling 6,226 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Starwood Property Trust were worth $8,964,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of STWD. Price T Rowe Associates Inc. MD boosted its holdings in Starwood Property Trust by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 177,957 shares of the real estate investment trust’s stock valued at $3,618,000 after acquiring an additional 9,208 shares during the period. Cetera Investment Advisers lifted its holdings in Starwood Property Trust by 70.0% during the 1st quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock valued at $6,808,000 after buying an additional 137,923 shares in the last quarter. Cetera Advisors LLC increased its position in shares of Starwood Property Trust by 236.4% during the first quarter. Cetera Advisors LLC now owns 126,267 shares of the real estate investment trust’s stock worth $2,567,000 after acquiring an additional 88,731 shares during the period. GAMMA Investing LLC grew its stake in Starwood Property Trust by 54.1% in the second quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 794 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Starwood Property Trust in the 2nd quarter worth $230,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Down 1.4 %

NYSE:STWD opened at $20.01 on Wednesday. The company has a market capitalization of $6.74 billion, a P/E ratio of 17.10 and a beta of 1.69. 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 firm has a fifty day simple moving average of $19.94 and a 200-day simple moving average of $19.79. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month high of $22.29.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue was down 8.1% compared to the same quarter last year. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of research reports. JMP Securities lowered their price objective 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. Wells Fargo & Company boosted their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their price objective on 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. UBS Group raised their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company 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.