Handelsbanken Fonder AB Sells 16,900 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Handelsbanken Fonder AB cut its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 14.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,697 shares of the real estate investment trust's stock after selling 16,900 shares during the quarter. Handelsbanken Fonder AB's holdings in Starwood Property Trust were worth $1,889,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at $28,000. Brooklyn Investment Group lifted its position in shares of Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 730 shares during the period. UMB Bank n.a. lifted its position in shares of Starwood Property Trust by 69.7% during the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock valued at $33,000 after acquiring an additional 717 shares during the period. Point72 DIFC Ltd bought a new stake in shares of Starwood Property Trust during the 3rd quarter valued at $55,000. Finally, Covestor Ltd lifted its position in shares of Starwood Property Trust by 23.6% during the 3rd quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust's stock valued at $121,000 after acquiring an additional 1,137 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

STWD traded up $0.36 on Friday, reaching $20.52. The stock had a trading volume of 2,978,260 shares, compared to its average volume of 2,076,163. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The firm has a 50-day moving average of $19.41 and a 200-day moving average of $19.81. 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 company has a market capitalization of $6.92 billion, a price-to-earnings ratio of 17.54 and a beta of 1.69.

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Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on STWD shares. JPMorgan Chase & Co. cut 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. JMP Securities lowered their price target on 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. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a report on Tuesday, January 14th. Finally, UBS Group boosted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $22.13.

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.