Leo Wealth LLC Has $483,000 Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Leo Wealth LLC cut its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,482 shares of the real estate investment trust’s stock after selling 1,045 shares during the period. Leo Wealth LLC’s holdings in Starwood Property Trust were worth $483,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. International Assets Investment Management LLC boosted its holdings in shares of Starwood Property Trust by 2,414.3% during the 3rd quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock worth $9,713,000 after buying an additional 457,631 shares during the period. Geode Capital Management LLC lifted its position in Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after acquiring an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Starwood Property Trust by 78.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock valued at $18,174,000 after acquiring an additional 390,787 shares during the period. Columbus Macro LLC acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at about $7,022,000. Finally, Van ECK Associates Corp increased its stake in shares of Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock worth $26,106,000 after purchasing an additional 279,793 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Down 0.6 %

STWD opened at $19.69 on Friday. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The company has a market capitalization of $6.64 billion, a P/E ratio of 16.83 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The firm’s fifty day moving average price is $19.43 and its two-hundred day moving average price is $19.79.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm’s revenue for the quarter was down 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.46 earnings per share. On average, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Analysts Set New Price Targets

STWD has been the topic of a number of research analyst reports. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. JMP Securities lowered their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. cut their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.