Smartleaf Asset Management LLC Buys 854 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Smartleaf Asset Management LLC raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 83.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,881 shares of the real estate investment trust’s stock after buying an additional 854 shares during the period. Smartleaf Asset Management LLC’s holdings in Starwood Property Trust were worth $36,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STWD. Charles Schwab Investment Management Inc. increased its stake in shares of Starwood Property Trust by 5.8% during 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 last quarter. BNP Paribas Financial Markets increased its position in Starwood Property Trust by 147.2% during 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 in the last quarter. Atria Wealth Solutions Inc. increased its position in Starwood Property Trust by 31.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after purchasing an additional 20,840 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position 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 during the period. Finally, Kestra Investment Management LLC acquired a new position in Starwood Property Trust in the 3rd quarter valued at approximately $2,250,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased 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. UBS Group increased their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $22.21.

Starwood Property Trust Trading Down 0.5 %

Shares of Starwood Property Trust stock opened at $19.76 on Thursday. The firm has a market cap of $6.67 billion, a PE ratio of 16.88 and a beta of 1.68. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The company has a 50 day simple moving average of $19.54 and a two-hundred day simple moving average of $19.82.

Starwood Property Trust 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.