Rhumbline Advisers Trims Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Rhumbline Advisers decreased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 886,093 shares of the real estate investment trust’s stock after selling 2,923 shares during the quarter. Rhumbline Advisers’ holdings in Starwood Property Trust were worth $16,791,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its position in shares of Starwood Property Trust by 1.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock valued at $654,000 after purchasing an additional 571 shares during the period. Register Financial Advisors LLC lifted its stake in Starwood Property Trust by 1.4% in the fourth quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust’s stock valued at $840,000 after buying an additional 604 shares during the last quarter. UMB Bank n.a. lifted its stake in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 730 shares during the period. Finally, MAS Advisors LLC grew its position in shares of Starwood Property Trust by 5.6% during the fourth quarter. MAS Advisors LLC now owns 13,958 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 734 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 0.8 %

Shares of NYSE:STWD opened at $19.93 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 quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm’s 50-day simple moving average is $19.35 and its 200-day simple moving average is $19.79. The company has a market cap of $6.72 billion, a price-to-earnings ratio of 17.03 and a beta of 1.69.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. JPMorgan Chase & Co. reduced their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. Finally, JMP Securities dropped their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently 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.