Allworth Financial LP Purchases 1,370 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Allworth Financial LP lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 23.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,335 shares of the real estate investment trust’s stock after purchasing an additional 1,370 shares during the quarter. Allworth Financial LP’s holdings in Starwood Property Trust were worth $139,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $28,000. Brooklyn Investment Group increased its holdings 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 valued at $30,000 after acquiring an additional 730 shares during the period. UMB Bank n.a. raised its holdings in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares in the last quarter. Point72 DIFC Ltd bought a new position in shares of Starwood Property Trust during the 3rd quarter worth approximately $55,000. Finally, Covestor Ltd lifted its holdings in shares of Starwood Property Trust by 23.6% during the 3rd quarter. Covestor Ltd now owns 5,959 shares of the real estate investment trust’s stock valued at $121,000 after purchasing an additional 1,137 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Down 0.8 %

NYSE:STWD opened at $19.93 on Monday. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The firm has a market cap of $6.72 billion, a P/E ratio of 17.03 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock’s 50 day simple moving average is $19.35 and its 200-day simple moving average is $19.80.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. JMP Securities cut their target price 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. UBS Group upped their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods cut their price target on 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, JPMorgan Chase & Co. reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock 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.