Janney Montgomery Scott LLC Purchases 3,773 Shares of Starwood Property Trust, Inc. $STWD

Janney Montgomery Scott LLC increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,417 shares of the real estate investment trust’s stock after acquiring an additional 3,773 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Starwood Property Trust were worth $731,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of STWD. Global Trust Asset Management LLC raised its holdings in shares of Starwood Property Trust by 41.1% in the second quarter. Global Trust Asset Management LLC now owns 4,975 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 1,450 shares during the last quarter. Register Financial Advisors LLC raised its holdings in shares of Starwood Property Trust by 58.4% in the second quarter. Register Financial Advisors LLC now owns 66,191 shares of the real estate investment trust’s stock worth $1,328,000 after buying an additional 24,416 shares during the last quarter. Peddock Capital Advisors LLC purchased a new position in shares of Starwood Property Trust in the second quarter worth $254,000. Public Employees Retirement System of Ohio raised its holdings in shares of Starwood Property Trust by 0.7% in the second quarter. Public Employees Retirement System of Ohio now owns 106,162 shares of the real estate investment trust’s stock worth $2,131,000 after buying an additional 723 shares during the last quarter. Finally, AM Investment Strategies LLC raised its holdings in shares of Starwood Property Trust by 25.6% in the second quarter. AM Investment Strategies LLC now owns 72,726 shares of the real estate investment trust’s stock worth $1,459,000 after buying an additional 14,825 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $18.71 on Thursday. The company’s 50-day moving average price is $19.87 and its 200-day moving average price is $19.70. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. The company has a market cap of $6.87 billion, a P/E ratio of 17.17 and a beta of 1.29. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.05.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The firm had revenue of $444.28 million for the quarter, compared to the consensus estimate of $477.00 million. During the same period last year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was down 9.3% on a year-over-year basis. On average, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on STWD shares. Wall Street Zen raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Keefe, Bruyette & Woods increased their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, July 10th. Zacks Research lowered shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. UBS Group increased their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.13.

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.