Captrust Financial Advisors raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 18.8% in the third quarter, Holdings Channel reports. The institutional investor owned 13,134 shares of the real estate investment trust’s stock after buying an additional 2,075 shares during the quarter. Captrust Financial Advisors’ holdings in Starwood Property Trust were worth $268,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently modified their holdings of the business. Altshuler Shaham Ltd acquired a new stake in Starwood Property Trust during the second quarter worth about $28,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Starwood Property Trust during the 3rd quarter worth approximately $34,000. Quarry LP bought a new stake in shares of Starwood Property Trust during the second quarter valued at approximately $36,000. Godsey & Gibb Inc. acquired a new position in shares of Starwood Property Trust in the third quarter valued at $41,000. Finally, Fifth Third Bancorp lifted its position in Starwood Property Trust by 26.0% in the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 531 shares during the period. 49.82% of the stock is owned by institutional investors.
Starwood Property Trust Price Performance
Shares of STWD stock opened at $20.14 on Friday. Starwood Property Trust, Inc. has a 52 week low of $18.43 and a 52 week high of $22.29. The stock has a market capitalization of $6.79 billion, a PE ratio of 17.21 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock’s fifty day moving average is $19.90 and its 200-day moving average is $19.81.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on STWD shares. UBS Group increased their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Wells Fargo & Company raised their price target 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. JPMorgan Chase & Co. dropped their target price on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $20.50 to $22.50 in a research note on Thursday, September 5th. Finally, JMP Securities dropped their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Three 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.
Read Our Latest Analysis on STWD
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.
Read More
- Five stocks we like better than Starwood Property Trust
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Basic Materials Stocks Investing
- Texas Instruments: The Old-School Tech Titan Still Delivering
- Are Penny Stocks a Good Fit for Your Portfolio?
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD – Free Report).
Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.