AM Investment Strategies LLC Purchases 8,903 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

AM Investment Strategies LLC increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 19.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,535 shares of the real estate investment trust’s stock after buying an additional 8,903 shares during the quarter. AM Investment Strategies LLC’s holdings in Starwood Property Trust were worth $1,132,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in shares of Starwood Property Trust in the first quarter worth about $26,000. Altshuler Shaham Ltd purchased a new stake in Starwood Property Trust in the 2nd quarter worth approximately $28,000. Future Financial Wealth Managment LLC bought a new stake in Starwood Property Trust during the 3rd quarter worth approximately $34,000. Quarry LP purchased a new position in Starwood Property Trust during the second quarter valued at approximately $36,000. Finally, Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust in the third quarter worth approximately $41,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Down 0.1 %

NYSE:STWD traded down $0.01 during mid-day trading on Friday, reaching $19.73. The company’s stock had a trading volume of 1,615,907 shares, compared to its average volume of 2,000,114. The stock has a fifty day moving average of $20.19 and a 200-day moving average of $19.76. Starwood Property Trust, Inc. has a 1 year low of $18.19 and a 1 year high of $22.29. The firm has a market capitalization of $6.25 billion, a PE ratio of 18.11 and a beta of 1.70. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 2.80.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Tuesday, August 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.44 by $0.04. Starwood Property Trust had a return on equity of 10.03% and a net margin of 17.05%. The firm had revenue of $489.80 million during the quarter, compared to analyst estimates of $505.23 million. During the same period in the previous year, the company posted $0.47 EPS. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities research analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on STWD. Wells Fargo & Company upped their price objective on Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, September 20th. Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $20.50 to $22.50 in a research note on Thursday, September 5th. JPMorgan Chase & Co. upped their price objective on Starwood Property Trust from $20.00 to $20.50 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Finally, BTIG Research reiterated a “buy” rating and set a $24.00 price objective on shares of Starwood Property Trust in a research report on Friday, July 19th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average target price of $22.36.

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.