Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 8.7% during the third quarter, Holdings Channel reports. The fund owned 15,848 shares of the real estate investment trust’s stock after acquiring an additional 1,267 shares during the quarter. Prospera Financial Services Inc’s holdings in Starwood Property Trust were worth $323,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Altshuler Shaham Ltd acquired a new position in shares of Starwood Property Trust during the 2nd quarter valued at about $28,000. Future Financial Wealth Managment LLC acquired a new position in Starwood Property Trust during the third quarter worth approximately $34,000. Quarry LP acquired a new position in Starwood Property Trust during the second quarter worth approximately $36,000. Godsey & Gibb Inc. acquired a new position in shares of Starwood Property Trust in the 3rd quarter valued at $41,000. Finally, GAMMA Investing LLC increased its holdings in shares of Starwood Property Trust by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 794 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Up 0.1 %

Shares of Starwood Property Trust stock opened at $19.92 on Monday. Starwood Property Trust, Inc. has a fifty-two week low of $18.43 and a fifty-two week high of $22.29. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The business has a fifty day simple moving average of $20.00 and a 200-day simple moving average of $19.79. The firm has a market cap of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. Starwood Property Trust’s revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. On average, equities analysts forecast that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.