Summit Trail Advisors LLC boosted its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 85.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,484 shares of the real estate investment trust's stock after buying an additional 21,469 shares during the quarter. Summit Trail Advisors LLC's holdings in Starwood Property Trust were worth $903,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of STWD. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the fourth quarter worth about $28,000. Brooklyn Investment Group grew its holdings in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 730 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 717 shares during the last quarter. Godsey & Gibb Inc. purchased a new position in shares of Starwood Property Trust during the third quarter worth about $41,000. Finally, Point72 DIFC Ltd acquired a new stake in shares of Starwood Property Trust during the third quarter worth about $55,000. Hedge funds and other institutional investors own 49.82% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on STWD shares. JPMorgan Chase & Co. decreased 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. Keefe, Bruyette & Woods decreased 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 note on Tuesday, January 14th. UBS Group increased their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. Finally, JMP Securities decreased their target price on shares of 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. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.13.
View Our Latest Stock Report on Starwood Property Trust
Starwood Property Trust Stock Performance
STWD traded up $0.12 during trading on Friday, reaching $19.78. The company's stock had a trading volume of 1,910,993 shares, compared to its average volume of 1,971,486. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17. The company's fifty day moving average price is $19.38 and its 200-day moving average price is $19.78. The company has a market capitalization of $6.67 billion, a price-to-earnings ratio of 16.91 and a beta of 1.69. 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 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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