New York State Teachers Retirement System Boosts Stake in Starwood Property Trust, Inc. (NYSE:STWD)

New York State Teachers Retirement System grew its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 139,366 shares of the real estate investment trust’s stock after buying an additional 1,698 shares during the quarter. New York State Teachers Retirement System’s holdings in Starwood Property Trust were worth $2,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its position 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 worth $43,002,000 after purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets raised its position 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 worth $4,590,000 after purchasing an additional 134,121 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Starwood Property Trust by 66.7% in the third 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 during the period. Kestra Investment Management LLC purchased a new position in shares of Starwood Property Trust in the third quarter valued at about $2,250,000. Finally, Quest Partners LLC increased its position in shares of Starwood Property Trust by 128.7% in the third 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 during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. JMP Securities cut their target price on shares of 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. JPMorgan Chase & Co. dropped their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, 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 research note on Friday, November 15th. Three research 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 data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Stock Down 0.8 %

STWD opened at $19.93 on Friday. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.69. 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 firm has a 50 day moving average price of $19.35 and a 200-day moving average price of $19.79.

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.