Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by E&G Advisors LP

E&G Advisors LP lessened its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 3.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,574 shares of the real estate investment trust’s stock after selling 1,600 shares during the quarter. E&G Advisors LP’s holdings in Starwood Property Trust were worth $902,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Geode Capital Management LLC raised 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 worth $108,960,000 after purchasing an additional 399,672 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Starwood Property Trust by 5.8% during 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 period. HighTower Advisors LLC lifted its position in shares of Starwood Property Trust by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock valued at $35,170,000 after buying an additional 150,576 shares in the last quarter. Van ECK Associates Corp grew its stake 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 acquiring an additional 279,793 shares during the period. Finally, Raymond James & Associates increased its holdings in Starwood Property Trust by 0.6% in the 3rd quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock worth $22,221,000 after acquiring an additional 6,616 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 0.7 %

NYSE STWD opened at $19.22 on Tuesday. The business’s fifty day simple moving average is $19.48 and its 200-day simple moving average is $19.80. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a market cap of $6.48 billion, a PE ratio of 16.42 and a beta of 1.69. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. Starwood Property Trust’s revenue was down 8.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 EPS. As a group, equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on STWD shares. JMP Securities reduced their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. UBS Group increased their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods lowered their price target on 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, 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. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus 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.