Starwood Property Trust, Inc. (NYSE:STWD) Stock Holdings Lowered by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. reduced its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 64.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,698 shares of the real estate investment trust's stock after selling 78,588 shares during the quarter. B. Riley Wealth Advisors Inc.'s holdings in Starwood Property Trust were worth $883,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in STWD. Altshuler Shaham Ltd acquired a new position in Starwood Property Trust during the 2nd quarter worth approximately $28,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Starwood Property Trust during the third quarter valued at approximately $34,000. Quarry LP acquired a new position in shares of Starwood Property Trust during the second quarter worth $36,000. Godsey & Gibb Inc. purchased a new position in shares of Starwood Property Trust in the third quarter valued at $41,000. Finally, Fifth Third Bancorp grew its holdings in Starwood Property Trust by 26.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust's stock valued at $49,000 after purchasing an additional 531 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent analyst reports. JMP Securities cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a report on Thursday, November 7th. Keefe, Bruyette & Woods raised Starwood Property Trust from a "market perform" rating to an "outperform" rating and increased their price target for the company from $20.50 to $22.50 in a report on Thursday, September 5th. JPMorgan Chase & Co. dropped their price objective on Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a report on Thursday, November 7th. Wells Fargo & Company increased their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a research note on Friday, September 20th. Finally, UBS Group lifted their price target 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. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $22.25.

Starwood Property Trust Stock Performance

Shares of STWD stock traded down $0.68 on Wednesday, hitting $19.17. 5,109,075 shares of the stock traded hands, compared to its average volume of 2,271,092. The company's fifty day moving average is $19.90 and its 200 day moving average is $19.83. Starwood Property Trust, Inc. has a 1-year low of $18.43 and a 1-year high of $22.29. The company has a market capitalization of $6.46 billion, a PE ratio of 16.38 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $479.50 million for the quarter, compared to analysts' expectations of $488.63 million. During the same period in the prior year, the company earned $0.46 earnings per share. The firm's revenue was down 8.1% compared to the same quarter last year. On average, equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share 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.