Cerity Partners LLC Purchases 27,121 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Cerity Partners LLC increased its position in Starwood Property Trust, Inc. (NYSE:STWD) by 82.6% during the third quarter, Holdings Channel reports. The firm owned 59,969 shares of the real estate investment trust’s stock after buying an additional 27,121 shares during the quarter. Cerity Partners LLC’s holdings in Starwood Property Trust were worth $1,222,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its stake in Starwood Property Trust by 5.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 177,957 shares of the real estate investment trust’s stock valued at $3,618,000 after buying an additional 9,208 shares during the last quarter. Cetera Investment Advisers grew its stake in Starwood Property Trust by 70.0% in the 1st quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock valued at $6,808,000 after buying an additional 137,923 shares during the last quarter. Cetera Advisors LLC grew its stake in Starwood Property Trust by 236.4% in the 1st quarter. Cetera Advisors LLC now owns 126,267 shares of the real estate investment trust’s stock valued at $2,567,000 after buying an additional 88,731 shares during the last quarter. GAMMA Investing LLC grew its stake in Starwood Property Trust by 54.1% in the 2nd quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 794 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in Starwood Property Trust in the 2nd quarter valued at about $230,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $20.01 on Wednesday. The company has a 50 day moving average of $19.94 and a 200-day moving average of $19.79. Starwood Property Trust, Inc. has a 1-year low of $18.43 and a 1-year high of $22.29. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market cap of $6.74 billion, a PE ratio of 17.10 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million during 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 quarter in the prior year, the firm earned $0.46 EPS. As a group, equities research analysts forecast that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

STWD has been the topic of a number of analyst reports. 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 report on Friday, September 20th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. UBS Group increased their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. JMP Securities decreased 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 report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased 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 report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $22.25.

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.