Sargent Investment Group LLC Sells 16,235 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Sargent Investment Group LLC cut its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 7.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,050 shares of the real estate investment trust’s stock after selling 16,235 shares during the period. Sargent Investment Group LLC owned about 0.06% of Starwood Property Trust worth $3,529,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marshall Wace LLP grew its stake in Starwood Property Trust by 161.2% during the second quarter. Marshall Wace LLP now owns 39,467 shares of the real estate investment trust’s stock worth $748,000 after buying an additional 24,357 shares during the last quarter. AQR Capital Management LLC bought a new stake in Starwood Property Trust during the 2nd quarter worth approximately $203,000. Cetera Investment Advisers increased its holdings in Starwood Property Trust by 9.0% during the 2nd quarter. Cetera Investment Advisers now owns 364,922 shares of the real estate investment trust’s stock valued at $6,912,000 after purchasing an additional 30,029 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Starwood Property Trust in the 2nd quarter valued at $2,788,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Starwood Property Trust during the second quarter worth $244,000. Institutional investors own 49.82% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on STWD shares. JMP Securities decreased their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods dropped their target price 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. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Finally, UBS Group boosted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Trading Up 1.3 %

Shares of STWD opened at $19.48 on Wednesday. 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, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17. The firm has a market cap of $6.57 billion, a price-to-earnings ratio of 16.65 and a beta of 1.69. The business’s fifty day moving average is $19.46 and its 200-day moving average is $19.79.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The firm had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business’s quarterly revenue was down 8.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

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.