Quest Partners LLC Boosts Position in Starwood Property Trust, Inc. (NYSE:STWD)

Quest Partners LLC lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 128.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 66,724 shares of the real estate investment trust's stock after acquiring an additional 37,554 shares during the quarter. Quest Partners LLC's holdings in Starwood Property Trust were worth $1,360,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Artemis Investment Management LLP purchased a new position in shares of Starwood Property Trust during the 3rd quarter valued at about $9,580,000. International Assets Investment Management LLC boosted its stake in shares of Starwood Property Trust by 2,414.3% during the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust's stock worth $9,713,000 after purchasing an additional 457,631 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new stake in Starwood Property Trust in the second quarter valued at approximately $5,455,000. Van ECK Associates Corp lifted its stake in Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust's stock valued at $26,106,000 after buying an additional 279,793 shares during the last quarter. Finally, Valley Wealth Managers Inc. raised its position in Starwood Property Trust by 30.3% in the third quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust's stock worth $20,919,000 after acquiring an additional 238,994 shares in the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

STWD has been the subject of a number of research reports. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a "market perform" rating to an "outperform" rating and increased their price objective for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. Wells Fargo & Company upped their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an "outperform" rating in a research note on Friday, September 20th. JMP Securities reduced their target price on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a research note on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and an average price target of $22.25.

Starwood Property Trust Price Performance

Shares of STWD stock remained flat at $19.75 during trading hours on Wednesday. 1,485,605 shares of the company were exchanged, compared to its average volume of 2,308,823. The company's fifty day simple moving average is $20.01 and its 200-day simple moving average is $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 company has a market cap of $6.66 billion, a price-to-earnings ratio of 16.88 and a beta of 1.70. Starwood Property Trust, Inc. has a 1-year low of $18.43 and a 1-year high of $22.29.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $488.63 million. During the same quarter in the prior year, the business earned $0.46 EPS. The firm's revenue for the quarter was down 8.1% on a year-over-year basis. On average, equities analysts anticipate that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Starwood Property Trust 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.