Starwood Property Trust, Inc. $STWD Position Increased by Argosy Lionbridge Management LLC

Argosy Lionbridge Management LLC boosted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 286.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,566 shares of the real estate investment trust’s stock after purchasing an additional 76,000 shares during the quarter. Starwood Property Trust makes up approximately 1.3% of Argosy Lionbridge Management LLC’s holdings, making the stock its 12th largest position. Argosy Lionbridge Management LLC’s holdings in Starwood Property Trust were worth $1,987,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in Starwood Property Trust by 70.1% in the first quarter. AQR Capital Management LLC now owns 36,396 shares of the real estate investment trust’s stock worth $720,000 after buying an additional 15,001 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Starwood Property Trust by 23.9% during the first quarter. NewEdge Advisors LLC now owns 19,606 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 3,784 shares during the period. Bank of Montreal Can grew its position in shares of Starwood Property Trust by 26.0% during the second quarter. Bank of Montreal Can now owns 66,633 shares of the real estate investment trust’s stock worth $1,337,000 after acquiring an additional 13,741 shares during the last quarter. Prospera Financial Services Inc grew its position in shares of Starwood Property Trust by 4.4% during the second quarter. Prospera Financial Services Inc now owns 19,654 shares of the real estate investment trust’s stock worth $395,000 after acquiring an additional 837 shares during the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of Starwood Property Trust by 4.8% in the 2nd quarter. ProShare Advisors LLC now owns 14,300 shares of the real estate investment trust’s stock worth $287,000 after acquiring an additional 654 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on STWD shares. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Bank of America restated a “neutral” rating and issued a $19.00 price target on shares of Starwood Property Trust in a research note on Friday, March 6th. Wells Fargo & Company cut their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, January 21st. Finally, Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $19.90.

Starwood Property Trust Stock Performance

STWD stock opened at $17.60 on Friday. The company has a market capitalization of $6.52 billion, a P/E ratio of 15.17, a PEG ratio of 2.34 and a beta of 1.10. The company has a 50-day simple moving average of $18.09 and a 200 day simple moving average of $18.61. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.05. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. Starwood Property Trust had a net margin of 22.32% and a return on equity of 8.16%. The firm had revenue of $492.95 million during the quarter, compared to analyst estimates of $469.53 million. During the same quarter in the prior year, the firm posted $0.48 EPS. Starwood Property Trust’s revenue was up 8.5% compared to the same quarter last year. Sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust declared that its board has approved a share buyback plan on Thursday, February 26th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 6.1% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.