Empowered Funds LLC Purchases Shares of 11,633 Starwood Property Trust, Inc. (NYSE:STWD)

Empowered Funds LLC acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,633 shares of the real estate investment trust’s stock, valued at approximately $237,000.

A number of other institutional investors and hedge funds have also made changes to their positions in STWD. Stratos Wealth Advisors LLC increased its holdings in Starwood Property Trust by 79.1% in the third quarter. Stratos Wealth Advisors LLC now owns 82,637 shares of the real estate investment trust’s stock valued at $1,684,000 after buying an additional 36,493 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Starwood Property Trust by 27.1% in the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after acquiring an additional 279,793 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Starwood Property Trust by 70.0% during the 1st quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock worth $6,808,000 after acquiring an additional 137,923 shares in the last quarter. Algert Global LLC acquired a new stake in shares of Starwood Property Trust during the 2nd quarter worth about $568,000. Finally, Cetera Advisors LLC lifted its stake in Starwood Property Trust by 236.4% during the first quarter. Cetera Advisors LLC now owns 126,267 shares of the real estate investment trust’s stock worth $2,567,000 after purchasing an additional 88,731 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Trading Down 0.3 %

NYSE STWD opened at $20.19 on Wednesday. The firm’s fifty day moving average is $20.00 and its two-hundred day moving average is $19.79. Starwood Property Trust, Inc. has a one year low of $18.43 and a one year 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. The firm has a market cap of $6.81 billion, a PE ratio of 17.24 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter in the previous year, the firm posted $0.46 EPS. The firm’s revenue for the quarter was down 8.1% on a year-over-year basis. Analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.