Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC raised its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 293.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 137,264 shares of the real estate investment trust's stock after buying an additional 102,351 shares during the period. Lake Street Advisors Group LLC's holdings in Starwood Property Trust were worth $2,667,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of STWD. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the 4th quarter valued at about $28,000. Brooklyn Investment Group increased its stake in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 730 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Starwood Property Trust by 69.7% in 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 purchasing an additional 717 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust in the 3rd quarter valued at about $55,000. Finally, Covestor Ltd increased its stake in shares of Starwood Property Trust by 23.6% in the 3rd quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust's stock valued at $121,000 after purchasing an additional 1,137 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company's stock.

Starwood Property Trust Price Performance

STWD traded up $0.36 on Friday, hitting $20.52. 2,978,260 shares of the company's stock were exchanged, 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 company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a 50-day moving average price of $19.41 and a 200-day moving average price of $19.81. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 17.54 and a beta of 1.69.

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Analysts Set New Price Targets

Several equities analysts recently weighed in on STWD shares. JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating for the company in a research note on Thursday, November 7th. UBS Group lifted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research note on Friday, November 15th. Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating for the company in a research note on Tuesday, January 21st. Three 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $22.13.

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.