Benjamin Edwards Inc. Invests $1.48 Million in Starwood Property Trust, Inc. (NYSE:STWD)

Benjamin Edwards Inc. acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 72,492 shares of the real estate investment trust's stock, valued at approximately $1,477,000.

Several other hedge funds have also recently added to or reduced their stakes in STWD. Artemis Investment Management LLP purchased a new position in shares of Starwood Property Trust in the third quarter worth about $9,580,000. International Assets Investment Management LLC increased its holdings in Starwood Property Trust by 2,414.3% during the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust's stock valued at $9,713,000 after purchasing an additional 457,631 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Starwood Property Trust by 78.0% during 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 valued at $18,174,000 after purchasing an additional 390,787 shares during the period. Lighthouse Investment Partners LLC purchased a new position in Starwood Property Trust during the 2nd quarter valued at about $5,455,000. Finally, Van ECK Associates Corp increased its holdings in Starwood Property Trust by 27.1% during 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 purchasing an additional 279,793 shares during the period. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Stock Performance

Shares of NYSE:STWD traded up $0.09 during trading on Friday, hitting $20.06. The company's stock had a trading volume of 665,048 shares, compared to its average volume of 2,274,577. The company has a 50-day moving average of $19.90 and a 200-day moving average of $19.78. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 17.07 and a beta of 1.69. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month 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 (EPS) 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 the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm's revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.46 EPS. On average, sell-side analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Analysts Set New Price Targets

STWD has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their price target 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. JMP Securities reduced their target price on 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. UBS Group boosted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, November 15th. 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 research report on Friday, September 20th. Finally, Keefe, Bruyette & Woods raised Starwood Property Trust from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.25.

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.