Cerity Partners LLC Acquires 27,121 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Cerity Partners LLC grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 82.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,969 shares of the real estate investment trust's stock after purchasing an additional 27,121 shares during the period. Cerity Partners LLC's holdings in Starwood Property Trust were worth $1,222,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its position in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust's stock valued at $43,002,000 after purchasing an additional 116,182 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Starwood Property Trust by 66.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust's stock valued at $4,585,000 after buying an additional 90,046 shares during the last quarter. Commerce Bank raised its position in shares of Starwood Property Trust by 8.9% in the third quarter. Commerce Bank now owns 15,126 shares of the real estate investment trust's stock worth $308,000 after acquiring an additional 1,242 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Starwood Property Trust during the 3rd quarter worth about $265,000. Finally, Prospera Financial Services Inc lifted its stake in shares of Starwood Property Trust by 8.7% in the third quarter. Prospera Financial Services Inc now owns 15,848 shares of the real estate investment trust's stock worth $323,000 after buying an additional 1,267 shares in the last quarter. Institutional investors own 49.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on STWD shares. JPMorgan Chase & Co. dropped 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 report on Thursday, November 7th. JMP Securities dropped 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 increased their price target 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 upgraded Starwood Property Trust from a "market perform" rating to an "outperform" rating and upped their price objective for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. Finally, Wells Fargo & Company lifted their price target on Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Starwood Property Trust has an average rating of "Moderate Buy" and a consensus price target of $22.25.

Starwood Property Trust Stock Down 0.2 %

Shares of NYSE:STWD traded down $0.04 on Wednesday, reaching $19.97. The company had a trading volume of 1,449,712 shares, compared to its average volume of 2,285,970. The stock has a 50-day moving average price of $19.93 and a 200 day moving average price of $19.78. 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 twelve month low of $18.43 and a twelve month high of $22.29. The stock has a market capitalization of $6.73 billion, a P/E ratio of 17.10 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. The firm 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 for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 EPS. On average, equities analysts expect that Starwood Property Trust, Inc. will post 1.89 EPS for the current 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.