Concurrent Investment Advisors LLC Raises Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Concurrent Investment Advisors LLC lifted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 137,810 shares of the real estate investment trust’s stock after buying an additional 5,868 shares during the period. Concurrent Investment Advisors LLC’s holdings in Starwood Property Trust were worth $2,612,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust in the 4th quarter worth approximately $28,000. Brooklyn Investment Group grew its position in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 730 shares during the last quarter. UMB Bank n.a. grew its position in shares of Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares during the last quarter. Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust in the 3rd quarter worth approximately $55,000. Finally, Covestor Ltd grew its position in shares of Starwood Property Trust by 23.6% in the 3rd quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust’s stock worth $121,000 after buying an additional 1,137 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $19.93 on Friday. 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 12 month low of $18.12 and a 12 month high of $21.17. The company has a 50 day simple moving average of $19.35 and a two-hundred day simple moving average of $19.79. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.69.

Analyst Upgrades and Downgrades

A number of analysts recently commented on STWD shares. JMP Securities lowered their target price on shares of 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. JPMorgan Chase & Co. lowered their target price 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. Keefe, Bruyette & Woods lowered their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Finally, UBS Group lifted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.

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.