Carmel Capital Partners LLC Raises Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Carmel Capital Partners LLC increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 11.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,408 shares of the real estate investment trust's stock after purchasing an additional 15,457 shares during the quarter. Starwood Property Trust accounts for about 1.1% of Carmel Capital Partners LLC's holdings, making the stock its 12th largest holding. Carmel Capital Partners LLC's holdings in Starwood Property Trust were worth $2,793,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of STWD. Raymond James Financial Inc. purchased a new position in Starwood Property Trust during the fourth quarter valued at $48,841,000. Leeward Investments LLC MA purchased a new position in Starwood Property Trust in the 4th quarter valued at about $24,791,000. Geode Capital Management LLC boosted its holdings in Starwood Property Trust by 8.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust's stock worth $108,960,000 after buying an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 worth $18,174,000 after buying an additional 390,787 shares in the last quarter. Finally, Columbus Macro LLC purchased a new stake in Starwood Property Trust during the 4th quarter worth approximately $7,022,000. Hedge funds and other institutional investors own 49.82% of the company's stock.

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Starwood Property Trust Trading Down 0.8 %

Shares of STWD traded down $0.16 during midday trading on Monday, reaching $20.38. The company had a trading volume of 2,878,063 shares, compared to its average volume of 2,155,113. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a 50 day simple moving average of $19.49 and a 200-day simple moving average of $19.83. The stock has a market cap of $6.88 billion, a PE ratio of 17.41 and a beta of 1.68.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on STWD. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating for the company in a report on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $22.21.

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.