Connor Clark & Lunn Investment Management Ltd. Has $4.59 Million Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 66.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 224,962 shares of the real estate investment trust's stock after buying an additional 90,046 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.07% of Starwood Property Trust worth $4,585,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of STWD. Sunbelt Securities Inc. grew its position in Starwood Property Trust by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust's stock worth $1,081,000 after purchasing an additional 517 shares during the last quarter. Fortem Financial Group LLC grew its position in Starwood Property Trust by 2.0% in the 2nd quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust's stock worth $498,000 after purchasing an additional 519 shares during the last quarter. Fifth Third Bancorp grew its position in Starwood Property Trust by 26.0% in the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust's stock worth $49,000 after purchasing an additional 531 shares during the last quarter. Whittier Trust Co. grew its position in Starwood Property Trust by 0.4% in the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust's stock worth $3,044,000 after purchasing an additional 720 shares during the last quarter. Finally, Raymond James Trust N.A. grew its position in Starwood Property Trust by 3.4% in the 2nd quarter. Raymond James Trust N.A. now owns 22,466 shares of the real estate investment trust's stock worth $426,000 after purchasing an additional 747 shares during the last quarter. Institutional investors own 49.82% of the company's stock.

Analyst Upgrades and Downgrades

STWD has been the subject of several recent analyst reports. UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, November 15th. JMP Securities decreased their price objective 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. JPMorgan Chase & Co. decreased their price objective 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. Wells Fargo & Company increased their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a report on Friday, September 20th. Finally, Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. Three research 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $22.25.

Starwood Property Trust Trading Up 0.1 %

Shares of NYSE:STWD traded up $0.01 during mid-day trading on Friday, hitting $19.92. The stock had a trading volume of 1,878,252 shares, compared to its average volume of 2,212,817. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market cap of $6.72 billion, a PE ratio of 17.03 and a beta of 1.70. Starwood Property Trust, Inc. has a 12-month low of $18.43 and a 12-month high of $22.29. The company's 50 day moving average is $20.00 and its 200-day moving average is $19.79.

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 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm's quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. On average, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.89 EPS for the current year.

Starwood Property Trust Company 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.