International Assets Investment Management LLC Acquires 3,190 Shares of Starwood Property Trust, Inc. $STWD

International Assets Investment Management LLC increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 10.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,606 shares of the real estate investment trust’s stock after purchasing an additional 3,190 shares during the quarter. International Assets Investment Management LLC’s holdings in Starwood Property Trust were worth $674,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Alpine Bank Wealth Management bought a new position in shares of Starwood Property Trust during the 1st quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new position in shares of Starwood Property Trust during the 1st quarter worth approximately $25,000. SVB Wealth LLC bought a new position in shares of Starwood Property Trust during the 1st quarter worth approximately $30,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Starwood Property Trust during the 1st quarter worth approximately $40,000. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of Starwood Property Trust during the 1st quarter worth approximately $44,000. 49.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on STWD shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. UBS Group raised their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. Zacks Research cut shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Keefe, Bruyette & Woods increased their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. Finally, Wall Street Zen raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $21.13.

Starwood Property Trust Trading Up 0.7%

NYSE STWD opened at $18.69 on Tuesday. The company has a market cap of $6.86 billion, a PE ratio of 17.14 and a beta of 1.29. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.05. The stock has a 50 day moving average of $19.80 and a 200-day moving average of $19.69.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The business had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. During the same quarter last year, the firm posted $0.48 EPS. The company’s quarterly revenue was down 9.3% on a year-over-year basis. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

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.