Lindbrook Capital LLC Decreases Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Lindbrook Capital LLC cut its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 38.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,342 shares of the real estate investment trust’s stock after selling 7,575 shares during the quarter. Lindbrook Capital LLC’s holdings in Starwood Property Trust were worth $234,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after acquiring an additional 116,182 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Starwood Property Trust by 147.2% in the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 134,121 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of Starwood Property Trust by 31.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after buying an additional 20,840 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Starwood Property Trust by 66.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock worth $4,585,000 after buying an additional 90,046 shares during the period. Finally, Kestra Investment Management LLC purchased a new position in shares of Starwood Property Trust in the third quarter worth $2,250,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on STWD shares. JPMorgan Chase & Co. decreased their target price on shares of 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. UBS Group lifted their target price 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. Finally, Keefe, Bruyette & Woods decreased their target price on shares of 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. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $20.55 on Friday. The stock has a market cap of $6.93 billion, a P/E ratio of 17.56 and a beta of 1.69. The firm’s fifty day simple moving average is $19.46 and its 200 day simple moving average is $19.83. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. 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 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.