Commerce Bank Has $308,000 Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Commerce Bank raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 8.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,126 shares of the real estate investment trust’s stock after buying an additional 1,242 shares during the period. Commerce Bank’s holdings in Starwood Property Trust were worth $308,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Altshuler Shaham Ltd acquired a new stake in shares of Starwood Property Trust in the second quarter valued at about $28,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Starwood Property Trust in the third quarter valued at about $34,000. Quarry LP acquired a new stake in shares of Starwood Property Trust in the second quarter valued at about $36,000. Godsey & Gibb Inc. acquired a new stake in shares of Starwood Property Trust in the third quarter valued at about $41,000. Finally, GAMMA Investing LLC increased its position in shares of Starwood Property Trust by 54.1% in the second quarter. GAMMA Investing LLC now owns 2,263 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 794 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on STWD shares. JPMorgan Chase & Co. lowered their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research report on Thursday, November 7th. Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. JMP Securities lowered 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. UBS Group boosted 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, Wells Fargo & Company boosted their price target on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Up 0.6 %

NYSE STWD opened at $20.30 on Thursday. The business has a fifty day moving average price of $19.99 and a two-hundred day moving average price of $19.79. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a fifty-two week low of $18.43 and a fifty-two week high of $22.29. The stock has a market capitalization of $6.84 billion, a PE ratio of 17.40 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. During the same period in the prior year, the company earned $0.46 earnings per share. The company’s quarterly revenue was down 8.1% on a year-over-year basis. Equities analysts expect that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current fiscal year.

Starwood Property Trust Company 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.