38,635 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Acquired by FORA Capital LLC

FORA Capital LLC bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 38,635 shares of the real estate investment trust’s stock, valued at approximately $787,000.

Other hedge funds have also added to or reduced their stakes in the company. Sunbelt Securities Inc. boosted its holdings in Starwood Property Trust by 0.9% in the second quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock valued at $1,081,000 after acquiring an additional 517 shares during the last quarter. Fortem Financial Group LLC increased its holdings in shares of Starwood Property Trust by 2.0% during the second quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 519 shares in the last quarter. Fifth Third Bancorp raised its holdings in Starwood Property Trust by 26.0% during the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 531 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of Starwood Property Trust by 0.4% in the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust’s stock worth $3,044,000 after acquiring an additional 720 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its holdings in shares of Starwood Property Trust by 3.4% in the second quarter. Raymond James Trust N.A. now owns 22,466 shares of the real estate investment trust’s stock valued at $426,000 after purchasing an additional 747 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 0.6 %

Shares of STWD stock opened at $20.30 on Friday. Starwood Property Trust, Inc. has a 12-month low of $18.43 and a 12-month high of $22.29. 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 company has a 50 day moving average of $19.98 and a 200-day moving average of $19.80. The firm has a market cap of $6.84 billion, a P/E ratio of 17.35 and a beta of 1.70.

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

Analyst Ratings Changes

Several brokerages recently issued reports on STWD. JMP Securities decreased their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. UBS Group increased their target price 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. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. JPMorgan Chase & Co. decreased their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research note on Thursday, November 7th. Finally, Wells Fargo & Company boosted their target price on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of “Moderate Buy” and a consensus price target of $22.25.

About Starwood Property Trust

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.