265,529 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Bought by Waterfront Capital Partners LLC

Waterfront Capital Partners LLC bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 265,529 shares of the real estate investment trust's stock, valued at approximately $5,411,000. Starwood Property Trust comprises approximately 0.7% of Waterfront Capital Partners LLC's holdings, making the stock its 27th largest position. Waterfront Capital Partners LLC owned 0.08% of Starwood Property Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of STWD. Artemis Investment Management LLP bought a new position in shares of Starwood Property Trust during the third quarter worth approximately $9,580,000. International Assets Investment Management LLC lifted its holdings in shares of Starwood Property Trust by 2,414.3% during the third 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Starwood Property Trust by 78.0% in the third 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 valued at $18,174,000 after acquiring an additional 390,787 shares during the period. Lighthouse Investment Partners LLC acquired a new position in shares of Starwood Property Trust in the second quarter valued at about $5,455,000. Finally, Van ECK Associates Corp increased its position in Starwood Property Trust by 27.1% during the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust's stock worth $26,106,000 after acquiring an additional 279,793 shares during the period. Institutional investors own 49.82% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on STWD shares. UBS Group lifted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. JMP Securities dropped their price objective on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating for the company in a research report on Thursday, November 7th. Wells Fargo & Company lifted their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a research report on Friday, September 20th. JPMorgan Chase & Co. reduced their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a research note on Thursday, November 7th. Finally, Keefe, Bruyette & Woods raised Starwood Property Trust from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Three investment 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.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.25.

Starwood Property Trust Trading Up 0.4 %

Shares of NYSE:STWD traded up $0.07 during mid-day trading on Friday, reaching $20.38. 915,212 shares of the company's stock were exchanged, compared to its average volume of 2,295,220. 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 twelve month low of $18.43 and a twelve month high of $22.29. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of 17.35 and a beta of 1.70. The business's fifty day moving average price is $19.97 and its 200-day moving average price is $19.80.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $488.63 million. During the same period in the previous year, the business earned $0.46 EPS. The business's quarterly revenue was down 8.1% compared to the same quarter last year. On average, research analysts predict that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

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.