Adell Harriman & Carpenter Inc. Decreases Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Adell Harriman & Carpenter Inc. lowered its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 296,474 shares of the real estate investment trust’s stock after selling 12,715 shares during the period. Adell Harriman & Carpenter Inc. owned about 0.09% of Starwood Property Trust worth $5,618,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in Starwood Property Trust in the second quarter worth $203,000. Creative Planning grew its stake in shares of Starwood Property Trust by 67.0% during the 3rd quarter. Creative Planning now owns 53,441 shares of the real estate investment trust’s stock worth $1,089,000 after acquiring an additional 21,440 shares during the period. Stratos Wealth Advisors LLC increased its holdings in Starwood Property Trust by 79.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 82,637 shares of the real estate investment trust’s stock worth $1,684,000 after acquiring an additional 36,493 shares during the last quarter. Raymond James & Associates raised its stake in Starwood Property Trust by 0.6% in the 3rd quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after acquiring an additional 6,616 shares during the period. Finally, Godsey & Gibb Inc. purchased a new stake in Starwood Property Trust during the third quarter valued at about $41,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $19.78 on Friday. The stock’s 50-day simple moving average is $19.38 and its two-hundred day simple moving average is $19.78. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.17. The firm has a market capitalization of $6.67 billion, a P/E ratio of 16.91 and a beta of 1.69. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Analyst Ratings Changes

Several research firms have recently issued reports on STWD. JMP Securities lowered their price target 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. Keefe, Bruyette & Woods dropped their target price on 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. JPMorgan Chase & Co. reduced their price target 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. Finally, UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Three research 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. Based on data from MarketBeat, Starwood Property Trust 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.