Global Retirement Partners LLC Sells 1,136 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Global Retirement Partners LLC reduced its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,692 shares of the real estate investment trust’s stock after selling 1,136 shares during the quarter. Global Retirement Partners LLC’s holdings in Starwood Property Trust were worth $601,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of STWD. International Assets Investment Management LLC increased its holdings in shares of Starwood Property Trust by 2,414.3% in the third quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock worth $9,713,000 after acquiring an additional 457,631 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Starwood Property Trust by 8.1% in the third 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Starwood Property Trust by 78.0% in 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 worth $18,174,000 after acquiring an additional 390,787 shares in the last quarter. Columbus Macro LLC acquired a new position in shares of Starwood Property Trust during the fourth quarter worth about $7,022,000. Finally, Van ECK Associates Corp boosted its position in shares of Starwood Property Trust by 27.1% during 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 buying an additional 279,793 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $19.93 on Friday. The stock has a 50 day moving average price of $19.35 and a 200 day moving average price of $19.79. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. 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 stock has a market capitalization of $6.72 billion, a PE ratio of 17.03 and a beta of 1.69.

Analysts Set New Price Targets

Several research firms have recently weighed in on STWD. JMP Securities reduced their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods reduced their price objective on 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 upped their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, JPMorgan Chase & Co. reduced their price objective on 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. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.