Starwood Property Trust, Inc. $STWD Position Boosted by Ethic Inc.

Ethic Inc. increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 122.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,600 shares of the real estate investment trust’s stock after buying an additional 33,908 shares during the quarter. Ethic Inc.’s holdings in Starwood Property Trust were worth $1,257,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in STWD. GAMMA Investing LLC grew its holdings in Starwood Property Trust by 80.7% in the 1st quarter. GAMMA Investing LLC now owns 5,926 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 2,647 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Starwood Property Trust by 11.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 103,826 shares of the real estate investment trust’s stock worth $2,053,000 after buying an additional 10,447 shares in the last quarter. Spire Wealth Management grew its holdings in Starwood Property Trust by 5.9% in the 1st quarter. Spire Wealth Management now owns 11,116 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 616 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Starwood Property Trust by 33.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 118,064 shares of the real estate investment trust’s stock worth $2,334,000 after buying an additional 29,576 shares in the last quarter. Finally, Highland Capital Management LLC grew its holdings in Starwood Property Trust by 68.2% in the 1st quarter. Highland Capital Management LLC now owns 76,450 shares of the real estate investment trust’s stock worth $1,511,000 after buying an additional 31,000 shares in the last quarter. 49.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on STWD. Keefe, Bruyette & Woods upped their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Friday. Wall Street Zen upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group upped their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. Finally, Zacks Research downgraded Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.13.

Starwood Property Trust Price Performance

Shares of NYSE:STWD opened at $18.64 on Monday. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.05. The stock has a fifty day moving average of $19.69 and a 200-day moving average of $19.72. The company has a market capitalization of $6.84 billion, a PE ratio of 17.10 and a beta of 1.29. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61.

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

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.