MeadowBrook Investment Advisors LLC Grows Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

MeadowBrook Investment Advisors LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,330 shares of the real estate investment trust’s stock after buying an additional 950 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Starwood Property Trust were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KBC Group NV grew its position in Starwood Property Trust by 3.3% during the 3rd quarter. KBC Group NV now owns 98,552 shares of the real estate investment trust’s stock valued at $2,008,000 after purchasing an additional 3,107 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Starwood Property Trust by 47.9% in the third quarter. Oppenheimer & Co. Inc. now owns 84,700 shares of the real estate investment trust’s stock valued at $1,726,000 after purchasing an additional 27,431 shares in the last quarter. Aigen Investment Management LP grew its holdings in shares of Starwood Property Trust by 11.6% in the third quarter. Aigen Investment Management LP now owns 47,693 shares of the real estate investment trust’s stock valued at $972,000 after purchasing an additional 4,968 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in shares of Starwood Property Trust by 11.9% in the third quarter. Prime Capital Investment Advisors LLC now owns 14,468 shares of the real estate investment trust’s stock valued at $295,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Entropy Technologies LP purchased a new position in shares of Starwood Property Trust in the third quarter valued at $233,000. 49.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. JMP Securities lowered 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 report on Thursday, November 7th. Wells Fargo & Company increased their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Finally, BTIG Research reiterated a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a report on Friday, July 19th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus target price of $22.38.

Starwood Property Trust Trading Up 0.4 %

STWD stock traded up $0.07 on Thursday, hitting $19.51. 442,017 shares of the company were exchanged, compared to its average volume of 2,308,237. Starwood Property Trust, Inc. has a twelve month low of $18.43 and a twelve month high of $22.29. 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’s fifty day moving average is $20.02 and its two-hundred day moving average is $19.78. The stock has a market capitalization of $6.58 billion, a price-to-earnings ratio of 16.62 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm’s revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS. As a group, research analysts forecast that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

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.