Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp decreased its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 19.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,063,226 shares of the real estate investment trust's stock after selling 250,598 shares during the period. Van ECK Associates Corp owned about 0.32% of Starwood Property Trust worth $20,148,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in STWD. Albion Financial Group UT purchased a new stake in Starwood Property Trust during the 4th quarter valued at $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 worth $30,000 after acquiring 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 worth $33,000 after acquiring an additional 717 shares in the last quarter. Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust in the 3rd quarter worth about $41,000. Finally, Point72 DIFC Ltd bought a new stake in Starwood Property Trust during the 3rd quarter valued at about $55,000. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Trading Up 0.9 %

Shares of NYSE:STWD traded up $0.18 during midday trading on Tuesday, reaching $19.97. 735,867 shares of the company's stock were exchanged, compared to its average volume of 1,989,230. The firm's 50 day simple moving average is $19.37 and its two-hundred day simple moving average is $19.78. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 17.06 and a beta of 1.69. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on STWD shares. JMP Securities dropped their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a report on Thursday, November 7th. UBS Group boosted their price target 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. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. lowered their target price on shares of 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 issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $22.13.

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.