Handelsavisen has updated its investment thesis for Starwood Property Trust Inc (STWD.K) following an internal audit of sector classification data.

The revision stems from a sector-fix batch process that identified and corrected contamination in the company’s GICS direct path, prompting a re-analysis of the firm’s fundamental positioning.

The data correction does not alter the underlying financial strength of the Maryland-based mortgage REIT.

In Handelsavisen’s own analysis, Starwood Property Trust retains a composite score of 84.97 out of 100, reflecting robust fundamentals despite the administrative re-categorization.

The high score underscores the company’s continued resilience in the current credit environment.

This update is part of a broader data hygiene initiative by Handelsavisen to ensure accurate sector tagging across its coverage universe.