Greenleaf Trust acquired a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,911 shares of the real estate investment trust’s stock, valued at approximately $297,000.
Several other hedge funds have also recently modified their holdings of STWD. Boston Partners boosted its stake in shares of Starwood Property Trust by 69.9% during the fourth quarter. Boston Partners now owns 2,139,400 shares of the real estate investment trust’s stock worth $45,676,000 after buying an additional 880,031 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Starwood Property Trust during the second quarter worth about $8,055,000. Aperio Group LLC lifted its position in Starwood Property Trust by 143.6% in the third quarter. Aperio Group LLC now owns 477,482 shares of the real estate investment trust’s stock valued at $10,371,000 after purchasing an additional 281,469 shares during the period. Bank of Montreal Can lifted its position in Starwood Property Trust by 38.8% in the fourth quarter. Bank of Montreal Can now owns 872,340 shares of the real estate investment trust’s stock valued at $18,624,000 after purchasing an additional 243,856 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in Starwood Property Trust in the third quarter valued at about $4,583,000. 67.93% of the stock is currently owned by institutional investors.
Shares of Starwood Property Trust, Inc. (STWD) opened at $20.24 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47. The company has a market cap of $5,219.98, a PE ratio of 9.52, a P/E/G ratio of 1.93 and a beta of 0.36. Starwood Property Trust, Inc. has a 12-month low of $19.47 and a 12-month high of $23.01.
A number of equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. B. Riley restated a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a research report on Thursday, January 25th. ValuEngine upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. BidaskClub upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Compass Point upgraded shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $24.00.
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Starwood Property Trust Profile
Starwood Property Trust, Inc is a real estate investment trust. The Company operates through three business segments: Real estate lending (the Lending Segment), which engages primarily in originating, acquiring, financing and managing commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, and other real estate and real estate-related debt investments; Real estate investing and servicing (the Investing and Servicing Segment), which includes a servicing business in the United States that manages and works out problem assets; an investment business that selectively acquires and manages unrated, investment grade and non-investment grade rated CMBS, and a mortgage loan business, and Real estate property (the Property Segment), which engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties.
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