Starwood Property Trust, Inc. $STWD Stake Lifted by Boston Partners

Boston Partners boosted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 124.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,102,847 shares of the real estate investment trust’s stock after purchasing an additional 611,303 shares during the quarter. Boston Partners owned about 0.30% of Starwood Property Trust worth $22,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of STWD. Cetera Trust Company N.A grew its position in Starwood Property Trust by 5.2% in the 2nd quarter. Cetera Trust Company N.A now owns 10,730 shares of the real estate investment trust’s stock valued at $215,000 after buying an additional 530 shares in the last quarter. Kestra Investment Management LLC raised its position in shares of Starwood Property Trust by 0.4% during the 1st quarter. Kestra Investment Management LLC now owns 141,171 shares of the real estate investment trust’s stock worth $2,791,000 after buying an additional 550 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Starwood Property Trust by 14.3% in the 2nd quarter. IFP Advisors Inc now owns 4,664 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 583 shares during the period. Crux Wealth Advisors lifted its stake in shares of Starwood Property Trust by 2.6% in the 2nd quarter. Crux Wealth Advisors now owns 24,987 shares of the real estate investment trust’s stock worth $501,000 after acquiring an additional 643 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Starwood Property Trust by 34.6% in the first quarter. Smartleaf Asset Management LLC now owns 2,531 shares of the real estate investment trust’s stock valued at $50,000 after acquiring an additional 650 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

NYSE STWD opened at $18.34 on Friday. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.05. The stock’s 50-day moving average is $18.60 and its two-hundred day moving average is $19.59. The firm has a market cap of $6.79 billion, a P/E ratio of 16.83 and a beta of 1.27. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.04). Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The business had revenue of $247.87 million during the quarter, compared to analyst estimates of $479.70 million. During the same period in the prior year, the business posted $0.48 earnings per share. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on STWD shares. Keefe, Bruyette & Woods dropped their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. Wells Fargo & Company dropped their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th. Wall Street Zen raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Zacks Research lowered shares of Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $20.63.

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.