Ballentine Partners LLC Acquires New Position in Starwood Property Trust, Inc. (STWD)

Ballentine Partners LLC bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,242 shares of the real estate investment trust’s stock, valued at approximately $240,000.

A number of other large investors also recently made changes to their positions in the stock. Boston Partners grew its stake in shares of Starwood Property Trust by 69.9% in the 4th quarter. Boston Partners now owns 2,139,400 shares of the real estate investment trust’s stock valued at $45,676,000 after buying an additional 880,031 shares during the period. Janus Henderson Group PLC acquired a new position in Starwood Property Trust during the 2nd quarter valued at about $8,055,000. Aperio Group LLC boosted its stake in Starwood Property Trust by 143.6% during the 3rd 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 last quarter. Bank of Montreal Can boosted its stake in Starwood Property Trust by 38.8% during the 4th 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 last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in Starwood Property Trust during the 3rd quarter valued at about $4,583,000. 68.80% of the stock is owned by institutional investors and hedge funds.

STWD has been the topic of a number of research reports. B. Riley reaffirmed a “buy” rating and issued a $24.00 price target on shares of Starwood Property Trust in a report on Monday, November 27th. Zacks Investment Research raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Wednesday, November 15th. BidaskClub upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. ValuEngine upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Compass Point upgraded shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $24.00.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) opened at $19.96 on Thursday. 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 firm has a market cap of $5,210.00, a price-to-earnings ratio of 12.02, a price-to-earnings-growth ratio of 1.96 and a beta of 0.22. Starwood Property Trust, Inc. has a one year low of $19.47 and a one year high of $23.01.

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About Starwood Property Trust

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.

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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