Focus Financial Network Inc. Buys 3,289 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Focus Financial Network Inc. increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,758 shares of the real estate investment trust’s stock after buying an additional 3,289 shares during the quarter. Focus Financial Network Inc.’s holdings in Starwood Property Trust were worth $617,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of Starwood Property Trust by 5.8% during the third 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 purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets raised its holdings in Starwood Property Trust by 147.2% during the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Starwood Property Trust by 66.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after buying an additional 90,046 shares in the last quarter. Kestra Investment Management LLC acquired a new position in shares of Starwood Property Trust during the third quarter valued at about $2,250,000. Finally, Quest Partners LLC increased its position in shares of Starwood Property Trust by 128.7% during the third 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 in the last quarter. Institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in 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 research report on Thursday, November 7th. JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. UBS Group upped their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods dropped their price objective 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. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Stock Down 1.2 %

Shares of NYSE:STWD opened at $19.42 on Thursday. The company has a market capitalization of $6.55 billion, a PE ratio of 16.60 and a beta of 1.69. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. 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 business has a fifty day moving average price of $19.39 and a two-hundred day moving average price of $19.78.

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.