FORA Capital LLC Invests $787,000 in Starwood Property Trust, Inc. (NYSE:STWD)

FORA Capital LLC acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the third quarter, according to its most recent filing with the SEC. The fund acquired 38,635 shares of the real estate investment trust’s stock, valued at approximately $787,000.

Other institutional investors have also added to or reduced their stakes in the company. MetLife Investment Management LLC increased its position in shares of Starwood Property Trust by 3.8% during the third quarter. MetLife Investment Management LLC now owns 164,012 shares of the real estate investment trust’s stock valued at $3,343,000 after buying an additional 6,019 shares during the period. BNP Paribas Financial Markets increased its holdings in Starwood Property Trust by 147.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after acquiring an additional 134,121 shares during the period. FMR LLC lifted its stake in Starwood Property Trust by 6.4% in the 3rd quarter. FMR LLC now owns 41,781 shares of the real estate investment trust’s stock worth $851,000 after purchasing an additional 2,503 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in Starwood Property Trust by 3.1% in the 3rd quarter. D.A. Davidson & CO. now owns 59,350 shares of the real estate investment trust’s stock valued at $1,210,000 after purchasing an additional 1,808 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Starwood Property Trust by 0.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 281,290 shares of the real estate investment trust’s stock valued at $5,733,000 after purchasing an additional 1,898 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

STWD stock opened at $20.30 on Friday. The firm has a market cap of $6.84 billion, a P/E ratio of 17.35 and a beta of 1.70. The firm’s fifty day moving average is $19.98 and its 200 day moving average is $19.80. Starwood Property Trust, Inc. has a 52 week low of $18.43 and a 52 week high of $22.29. 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 (NYSE:STWD) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. During the same period last year, the firm earned $0.46 earnings per share. The company’s revenue for the quarter was down 8.1% compared to the same quarter last year. Research analysts predict that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Analyst Ratings Changes

STWD has been the topic of a number of recent analyst reports. JMP Securities lowered their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. JPMorgan Chase & Co. cut their price objective 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. UBS Group lifted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Wells Fargo & Company increased their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.25.

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.