Kovack Advisors Inc. Acquires 2,098 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Kovack Advisors Inc. grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 54,982 shares of the real estate investment trust’s stock after purchasing an additional 2,098 shares during the period. Kovack Advisors Inc.’s holdings in Starwood Property Trust were worth $1,042,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in STWD. Oregon Public Employees Retirement Fund raised its stake in Starwood Property Trust by 1.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 65,174 shares of the real estate investment trust’s stock valued at $1,235,000 after buying an additional 800 shares during the last quarter. Lake Street Advisors Group LLC increased its holdings in shares of Starwood Property Trust by 293.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 137,264 shares of the real estate investment trust’s stock valued at $2,667,000 after acquiring an additional 102,351 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Starwood Property Trust by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock worth $50,593,000 after purchasing an additional 10,979 shares during the last quarter. Leeward Investments LLC MA purchased a new position in shares of Starwood Property Trust in the 4th quarter worth about $24,791,000. Finally, LDR Capital Management LLC boosted its stake in Starwood Property Trust by 8.1% in the 4th quarter. LDR Capital Management LLC now owns 168,949 shares of the real estate investment trust’s stock worth $3,202,000 after purchasing an additional 12,650 shares in the last quarter. 49.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on STWD shares. JPMorgan Chase & Co. reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. UBS Group boosted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, 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 research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.13.

Starwood Property Trust Price Performance

Shares of STWD opened at $20.15 on Friday. The firm has a fifty day simple moving average of $19.39 and a two-hundred day simple moving average of $19.81. The firm has a market cap of $6.79 billion, a PE ratio of 17.22 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17.

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.