BNP Paribas Financial Markets Raises Stake in Starwood Property Trust, Inc. (NYSE:STWD)

BNP Paribas Financial Markets grew its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 147.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 225,245 shares of the real estate investment trust's stock after purchasing an additional 134,121 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.07% of Starwood Property Trust worth $4,590,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on STWD shares. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating for the company in a report on Thursday, November 7th. Wells Fargo & Company boosted their target price on shares of 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 boosted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Finally, JMP Securities reduced their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating for the company in a report on Thursday, November 7th. 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $22.25.

Starwood Property Trust Stock Down 0.1 %

Shares of STWD stock traded down $0.01 during trading hours on Wednesday, reaching $19.99. 447,059 shares of the company's stock were exchanged, compared to its average volume of 2,281,448. Starwood Property Trust, Inc. has a 1 year low of $18.43 and a 1 year high of $22.29. The stock has a market cap of $6.74 billion, a PE ratio of 17.10 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock's fifty day moving average price is $19.93 and its two-hundred day moving average price is $19.78.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly 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 return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The company's revenue was down 8.1% on a year-over-year basis. Research analysts predict that Starwood Property Trust, Inc. will post 1.89 EPS for the current 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.