Mutual of America Capital Management LLC cut its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 21.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 246,694 shares of the real estate investment trust's stock after selling 65,641 shares during the period. Mutual of America Capital Management LLC owned 0.07% of Starwood Property Trust worth $4,675,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the stock. Leeward Investments LLC MA purchased a new stake in shares of Starwood Property Trust in the 4th quarter valued at approximately $24,791,000. Geode Capital Management LLC boosted its holdings in Starwood Property Trust by 8.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust's stock valued at $108,960,000 after purchasing an additional 399,672 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Starwood Property Trust by 78.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust's stock valued at $18,174,000 after purchasing an additional 390,787 shares during the period. Columbus Macro LLC bought a new stake in Starwood Property Trust in the 4th quarter valued at $7,022,000. Finally, Van ECK Associates Corp boosted its holdings in Starwood Property Trust by 27.1% in the 3rd 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 purchasing an additional 279,793 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
STWD has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating for the company in a report on Tuesday, January 21st. UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average target price of $22.21.
Check Out Our Latest Stock Report on Starwood Property Trust
Starwood Property Trust Stock Up 2.4 %
STWD traded up $0.49 during trading on Friday, reaching $20.55. 2,664,002 shares of the stock were exchanged, compared to its average volume of 2,138,680. The stock has a market cap of $6.93 billion, a P/E ratio of 17.56 and a beta of 1.68. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. The stock's 50 day moving average price is $19.46 and its two-hundred day moving average price is $19.83. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.
Starwood Property Trust Company Profile
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Free Report)
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.
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