Valley Wealth Managers Inc. Sells 39,802 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Valley Wealth Managers Inc. reduced its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 986,653 shares of the real estate investment trust's stock after selling 39,802 shares during the quarter. Valley Wealth Managers Inc. owned approximately 0.29% of Starwood Property Trust worth $18,697,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust's stock worth $43,002,000 after buying an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust's stock worth $4,590,000 after acquiring an additional 134,121 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Starwood Property Trust by 66.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust's stock worth $4,585,000 after acquiring an additional 90,046 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth about $2,250,000. Finally, Quest Partners LLC increased its holdings in shares of Starwood Property Trust by 128.7% in the 3rd quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust's stock worth $1,360,000 after acquiring an additional 37,554 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Down 0.8 %

Shares of STWD stock traded down $0.17 during trading on Friday, hitting $19.93. 2,022,337 shares of the company were exchanged, compared to its average volume of 2,017,883. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a market capitalization of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.69. The business's 50-day simple moving average is $19.35 and its 200 day simple moving average is $19.79. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group increased 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. JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities lowered their target price on shares of 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. 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 company's stock. According to data from MarketBeat, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average price target of $22.13.

Starwood Property Trust Company 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.