Pine Valley Investments Ltd Liability Co Reduces Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Pine Valley Investments Ltd Liability Co reduced its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,704 shares of the real estate investment trust’s stock after selling 1,967 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Starwood Property Trust were worth $222,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Creative Planning raised its position in shares of Starwood Property Trust by 67.0% in the 3rd quarter. Creative Planning now owns 53,441 shares of the real estate investment trust’s stock worth $1,089,000 after acquiring an additional 21,440 shares in the last quarter. Private Advisor Group LLC raised its holdings in Starwood Property Trust by 22.6% in the third quarter. Private Advisor Group LLC now owns 60,959 shares of the real estate investment trust’s stock worth $1,242,000 after purchasing an additional 11,242 shares in the last quarter. International Assets Investment Management LLC lifted its position in Starwood Property Trust by 2,414.3% during the third quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock valued at $9,713,000 after buying an additional 457,631 shares during the period. Allworth Financial LP lifted its position in Starwood Property Trust by 44.5% during the third quarter. Allworth Financial LP now owns 5,965 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 1,838 shares during the period. Finally, Louisiana State Employees Retirement System boosted its holdings in shares of Starwood Property Trust by 3.7% during the 3rd quarter. Louisiana State Employees Retirement System now owns 88,000 shares of the real estate investment trust’s stock valued at $1,793,000 after buying an additional 3,100 shares in the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Up 0.8 %

STWD opened at $20.15 on Friday. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17. The firm’s 50 day simple moving average is $19.39 and its two-hundred day simple moving average is $19.81. 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 company has a market capitalization of $6.79 billion, a PE ratio of 17.22 and a beta of 1.69.

Analysts Set New Price Targets

A number of brokerages recently issued reports on STWD. UBS Group lifted 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. cut their price target on 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. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Finally, JMP Securities dropped their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.13.

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.