Summit Trail Advisors LLC Buys 21,469 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Summit Trail Advisors LLC lifted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 85.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,484 shares of the real estate investment trust’s stock after purchasing an additional 21,469 shares during the quarter. Summit Trail Advisors LLC’s holdings in Starwood Property Trust were worth $903,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in STWD. Charles Schwab Investment Management Inc. lifted its holdings in shares of Starwood Property Trust by 5.8% in the third 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 buying an additional 116,182 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after purchasing an additional 134,121 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Starwood Property Trust by 66.7% during 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 purchasing an additional 90,046 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of Starwood Property Trust in the third quarter worth $2,250,000. Finally, Quest Partners LLC boosted its stake in Starwood Property Trust by 128.7% during the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after buying an additional 37,554 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. JMP Securities lowered their price target 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. Keefe, Bruyette & Woods dropped their target price on shares of 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. UBS Group increased their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. dropped 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 report on Tuesday, January 21st. 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Price Performance

STWD stock opened at $19.63 on Wednesday. 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 $6.62 billion, a P/E ratio of 16.78 and a beta of 1.69. The firm’s fifty day moving average is $19.40 and its 200 day moving average is $19.78. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17.

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.