Golden State Equity Partners Purchases 21,496 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Golden State Equity Partners boosted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 346.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,708 shares of the real estate investment trust’s stock after buying an additional 21,496 shares during the period. Golden State Equity Partners’ holdings in Starwood Property Trust were worth $525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after acquiring an additional 116,182 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after acquiring an additional 134,121 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Starwood Property Trust by 66.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after acquiring an additional 90,046 shares in the last quarter. Kestra Investment Management LLC acquired a new position in Starwood Property Trust in the 3rd quarter valued at $2,250,000. Finally, Quest Partners LLC raised its holdings in Starwood Property Trust by 128.7% in the 3rd quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after acquiring an additional 37,554 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 0.2 %

Shares of STWD stock opened at $19.37 on Monday. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The business has a 50-day moving average price of $19.50 and a two-hundred day moving average price of $19.81. The firm has a market cap of $6.53 billion, a P/E ratio of 16.55 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 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 business had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same quarter in the prior year, the company posted $0.46 EPS. Starwood Property Trust’s quarterly revenue was down 8.1% compared to the same quarter last year. Equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. JMP Securities lowered their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. UBS Group upped their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. cut their target price on 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. Finally, Keefe, Bruyette & Woods dropped their price target 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. Three equities research 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’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

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.