US Bancorp DE Buys 24,057 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

US Bancorp DE boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 32.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,086 shares of the real estate investment trust's stock after acquiring an additional 24,057 shares during the period. US Bancorp DE's holdings in Starwood Property Trust were worth $1,878,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of STWD. Albion Financial Group UT bought a new position in Starwood Property Trust during the fourth quarter worth $28,000. Brooklyn Investment Group raised its position 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 valued at $30,000 after buying an additional 730 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 717 shares during the period. Point72 DIFC Ltd bought a new stake in shares of Starwood Property Trust in the third quarter valued at about $55,000. Finally, Covestor Ltd grew its position in Starwood Property Trust by 23.6% during the third quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust's stock worth $121,000 after buying an additional 1,137 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

STWD stock traded down $0.49 during trading on Tuesday, hitting $19.87. 3,165,044 shares of the stock traded hands, compared to its average volume of 2,177,073. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 16.98 and a beta of 1.68. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The company has a 50 day simple moving average of $19.51 and a 200 day simple moving average of $19.83.

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Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Keefe, Bruyette & Woods reduced their price objective on 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. JPMorgan Chase & Co. reduced their target price on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. Finally, UBS Group boosted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a report on Friday, November 15th. 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 company. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and a consensus target price of $22.21.

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.