Leeward Investments LLC MA purchased a new position in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,308,207 shares of the real estate investment trust’s stock, valued at approximately $24,791,000. Starwood Property Trust comprises about 1.2% of Leeward Investments LLC MA’s holdings, making the stock its 17th biggest position. Leeward Investments LLC MA owned 0.39% of Starwood Property Trust at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in STWD. International Assets Investment Management LLC boosted its holdings in shares of Starwood Property Trust by 2,414.3% in the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock worth $9,713,000 after buying an additional 457,631 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Starwood Property Trust by 8.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after buying an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Starwood Property Trust by 78.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock worth $18,174,000 after buying an additional 390,787 shares during the last quarter. Columbus Macro LLC bought a new stake in Starwood Property Trust in the 4th quarter valued at about $7,022,000. Finally, Van ECK Associates Corp raised its stake in Starwood Property Trust by 27.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after acquiring an additional 279,793 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
STWD has been the topic of a number of research reports. UBS Group boosted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities lowered their price objective on 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. Three 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 company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.13.
Starwood Property Trust Trading Down 0.8 %
Shares of STWD opened at $19.93 on Friday. The business’s 50-day moving average price is $19.35 and its 200-day moving average price is $19.79. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. The stock has a market cap of $6.72 billion, a PE ratio of 17.03 and a beta of 1.69. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.
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.
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