FORA Capital LLC Buys Shares of 38,635 Starwood Property Trust, Inc. (NYSE:STWD)

FORA Capital LLC acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 38,635 shares of the real estate investment trust's stock, valued at approximately $787,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in STWD. Altshuler Shaham Ltd bought a new stake in Starwood Property Trust during the second quarter valued at about $28,000. Future Financial Wealth Managment LLC bought a new position in shares of Starwood Property Trust in the third quarter worth about $34,000. Quarry LP purchased a new position in shares of Starwood Property Trust during the 2nd quarter valued at about $36,000. Godsey & Gibb Inc. purchased a new stake in Starwood Property Trust in the 3rd quarter worth approximately $41,000. Finally, GAMMA Investing LLC raised its stake in Starwood Property Trust by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 794 shares during the period. Hedge funds and other institutional investors own 49.82% of the company's stock.

Wall Street Analysts Forecast Growth

STWD has been the topic of several research analyst reports. 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 report on Thursday, November 7th. Wells Fargo & Company boosted their price target on Starwood Property Trust from $22.00 to $24.00 and gave the stock an "outperform" rating in a report on Friday, September 20th. UBS Group increased their price objective 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. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating for the company in a research note on Thursday, November 7th. Three investment 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. Based on data from MarketBeat, Starwood Property Trust has an average rating of "Moderate Buy" and an average price target of $22.25.

Starwood Property Trust Trading Up 0.4 %

STWD traded up $0.07 during trading hours on Friday, reaching $20.38. 915,212 shares of the company's stock traded hands, compared to its average volume of 2,295,220. The firm has a 50-day moving average price of $19.97 and a 200 day moving average price of $19.80. The firm has a market capitalization of $6.87 billion, a PE ratio of 17.35 and a beta of 1.70. 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, Inc. has a 52-week low of $18.43 and a 52-week high of $22.29.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.05. The company had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm's revenue for the quarter was down 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. As a group, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

About Starwood Property Trust

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.