Starwood Property Trust, Inc. (NYSE:STWD) Stock Holdings Lessened by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 0.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 734,054 shares of the real estate investment trust’s stock after selling 610 shares during the period. Principal Financial Group Inc.’s holdings in Starwood Property Trust were worth $13,910,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of STWD. Creative Planning increased its holdings in shares of Starwood Property Trust by 67.0% in the third quarter. Creative Planning now owns 53,441 shares of the real estate investment trust’s stock valued at $1,089,000 after buying an additional 21,440 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Starwood Property Trust by 22.6% in the third quarter. Private Advisor Group LLC now owns 60,959 shares of the real estate investment trust’s stock valued at $1,242,000 after buying an additional 11,242 shares in the last quarter. International Assets Investment Management LLC grew its position in 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 purchasing an additional 457,631 shares in the last quarter. Allworth Financial LP grew its position in Starwood Property Trust by 44.5% during the 3rd quarter. Allworth Financial LP now owns 5,965 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 1,838 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its position in Starwood Property Trust by 3.7% during the 3rd quarter. Louisiana State Employees Retirement System now owns 88,000 shares of the real estate investment trust’s stock worth $1,793,000 after purchasing an additional 3,100 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Starwood Property Trust stock opened at $20.01 on Thursday. The company’s fifty day simple moving average is $19.37 and its 200-day simple moving average is $19.80. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17. The stock has a market cap of $6.75 billion, a P/E ratio of 17.10 and a beta of 1.69.

Wall Street Analyst Weigh In

STWD has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their price objective 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. 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 report on Thursday, November 7th. Finally, UBS Group lifted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.13.

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.