Carmel Capital Partners LLC Purchases 4,508 Shares of Starwood Property Trust, Inc. $STWD

Carmel Capital Partners LLC raised its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.7% in the second quarter, HoldingsChannel reports. The fund owned 169,131 shares of the real estate investment trust’s stock after acquiring an additional 4,508 shares during the period. Starwood Property Trust accounts for approximately 1.2% of Carmel Capital Partners LLC’s investment portfolio, making the stock its 16th largest holding. Carmel Capital Partners LLC’s holdings in Starwood Property Trust were worth $3,394,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new stake in shares of Starwood Property Trust during the first quarter worth approximately $25,000. Alpine Bank Wealth Management bought a new stake in shares of Starwood Property Trust during the first quarter worth approximately $25,000. SVB Wealth LLC bought a new stake in shares of Starwood Property Trust during the first quarter worth approximately $30,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Starwood Property Trust during the first quarter worth approximately $40,000. Finally, Financial Gravity Asset Management Inc. bought a new stake in shares of Starwood Property Trust during the first quarter worth approximately $44,000. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on STWD shares. Wall Street Zen upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Keefe, Bruyette & Woods lifted their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Thursday, July 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, October 8th. UBS Group lifted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, July 15th. Finally, Zacks Research downgraded shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus price target of $21.13.

Starwood Property Trust Stock Up 1.3%

NYSE STWD opened at $18.57 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05. The company has a 50 day moving average of $19.82 and a 200-day moving average of $19.68. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 17.04 and a beta of 1.29.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The business had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. During the same period in the previous year, the business earned $0.48 earnings per share. The company’s revenue was down 9.3% on a year-over-year basis. On average, equities research analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

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.