SteelPeak Wealth LLC Lowers Position in Starwood Property Trust, Inc. (NYSE:STWD)

SteelPeak Wealth LLC decreased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 9.6% in the 4th quarter, Holdings Channel reports. The firm owned 17,831 shares of the real estate investment trust’s stock after selling 1,900 shares during the period. SteelPeak Wealth LLC’s holdings in Starwood Property Trust were worth $346,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Albion Financial Group UT bought a new position in shares of Starwood Property Trust during the 4th quarter valued at about $28,000. Brooklyn Investment Group grew its position in Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 730 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Starwood Property Trust in the 3rd quarter worth approximately $34,000. Finally, Quarry LP purchased a new stake in shares of Starwood Property Trust in the 2nd quarter valued at $36,000. 49.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. UBS Group increased their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, JMP Securities decreased their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Three investment 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, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Price Performance

Shares of STWD stock opened at $19.29 on Friday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The firm has a market cap of $6.50 billion, a P/E ratio of 16.48 and a beta of 1.69. The business’s 50 day moving average price is $19.51 and its 200-day moving average price is $19.82.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

About Starwood Property Trust

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.