Columbus Macro LLC Takes Position in Starwood Property Trust, Inc. (NYSE:STWD)

Columbus Macro LLC bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 370,545 shares of the real estate investment trust's stock, valued at approximately $7,022,000. Starwood Property Trust accounts for about 1.0% of Columbus Macro LLC's holdings, making the stock its 28th largest holding. Columbus Macro LLC owned about 0.11% of Starwood Property Trust at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of Starwood Property Trust by 5.8% in 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 acquiring an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Starwood Property Trust by 147.2% in the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust's stock valued at $4,590,000 after purchasing an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Starwood Property Trust by 66.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust's stock worth $4,585,000 after purchasing an additional 90,046 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Starwood Property Trust during the 3rd quarter worth approximately $2,250,000. Finally, Quest Partners LLC boosted its holdings in shares of Starwood Property Trust by 128.7% in the 3rd quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust's stock valued at $1,360,000 after buying an additional 37,554 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Analyst Ratings Changes

STWD has been the topic of several research analyst reports. 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. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their target price on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. Finally, JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Starwood Property Trust has an average rating of "Moderate Buy" and an average price target of $22.13.

Starwood Property Trust Stock Performance

STWD traded down $0.12 on Friday, hitting $19.69. 1,786,666 shares of the company traded hands, compared to its average volume of 2,074,926. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The company has a 50 day moving average of $19.43 and a 200-day moving average of $19.79. 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 stock has a market capitalization of $6.64 billion, a PE ratio of 16.83 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $488.63 million. During the same quarter in the prior year, the business earned $0.46 earnings per share. The company's quarterly revenue was down 8.1% compared to the same quarter last year. Sell-side analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share 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.