Valley Wealth Managers Inc. Lowers Position in Starwood Property Trust, Inc. (NYSE:STWD)

Valley Wealth Managers Inc. lowered its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 986,653 shares of the real estate investment trust’s stock after selling 39,802 shares during the period. Valley Wealth Managers Inc. owned approximately 0.29% of Starwood Property Trust worth $18,697,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Albion Financial Group UT bought a new position in shares of Starwood Property Trust during the 4th quarter valued at about $28,000. Brooklyn Investment Group increased its position in shares of Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the last quarter. UMB Bank n.a. increased its position in shares of Starwood Property Trust by 69.7% during the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 717 shares during the last quarter. Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust during the 3rd quarter valued at about $41,000. Finally, Point72 DIFC Ltd bought a new position in shares of Starwood Property Trust during the 3rd quarter valued at about $55,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.6 %

NYSE STWD opened at $19.78 on Tuesday. 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 debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a 50 day simple moving average of $19.37 and a two-hundred day simple moving average of $19.78. The stock has a market cap of $6.67 billion, a P/E ratio of 16.91 and a beta of 1.69.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price objective on 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 reduced their price target 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. UBS Group raised their price target 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, JMP Securities reduced 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 investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

About Starwood Property Trust

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.