Sargent Investment Group LLC Sells 16,235 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Sargent Investment Group LLC reduced its position in Starwood Property Trust, Inc. (NYSE:STWD) by 7.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 190,050 shares of the real estate investment trust’s stock after selling 16,235 shares during the period. Sargent Investment Group LLC’s holdings in Starwood Property Trust were worth $3,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Starwood Property Trust by 8.1% in the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after purchasing an additional 399,672 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after buying an additional 116,182 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Starwood Property Trust by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after acquiring an additional 150,576 shares during the last quarter. Van ECK Associates Corp increased its stake in Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after acquiring an additional 279,793 shares during the last quarter. Finally, Raymond James & Associates raised its position in Starwood Property Trust by 0.6% during the third quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after purchasing an additional 6,616 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

STWD opened at $19.48 on Wednesday. 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 market capitalization of $6.57 billion, a price-to-earnings ratio of 16.65 and a beta of 1.69. The company has a fifty day moving average of $19.46 and a 200 day moving average of $19.79. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. During the same period in the previous year, the firm posted $0.46 EPS. The business’s quarterly revenue was down 8.1% on a year-over-year basis. As a group, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

STWD has been the subject of several research reports. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. UBS Group upped their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, JMP Securities cut their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Starwood Property Trust presently has an average 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.