Starwood Property Trust, Inc. (STWD) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co cut its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,148 shares of the real estate investment trust’s stock after selling 545 shares during the period. CENTRAL TRUST Co’s holdings in Starwood Property Trust were worth $205,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in STWD. Bronfman E.L. Rothschild L.P. boosted its position in shares of Starwood Property Trust by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 50 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Starwood Property Trust by 0.5% in the first quarter. Envestnet Asset Management Inc. now owns 40,645 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 212 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Starwood Property Trust by 1.5% in the first quarter. Stratos Wealth Partners LTD. now owns 16,529 shares of the real estate investment trust’s stock valued at $373,000 after buying an additional 249 shares during the last quarter. Mirador Capital Partners LP boosted its position in shares of Starwood Property Trust by 2.7% in the first quarter. Mirador Capital Partners LP now owns 13,318 shares of the real estate investment trust’s stock valued at $301,000 after buying an additional 352 shares during the last quarter. Finally, Shikiar Asset Management Inc. boosted its position in shares of Starwood Property Trust by 0.4% in the first quarter. Shikiar Asset Management Inc. now owns 170,700 shares of the real estate investment trust’s stock valued at $3,854,000 after buying an additional 625 shares during the last quarter. Institutional investors own 73.87% of the company’s stock.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) opened at 21.99 on Thursday. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 12.43 and a beta of 0.55. Starwood Property Trust, Inc. has a 12-month low of $21.11 and a 12-month high of $23.46. The company’s 50-day moving average price is $22.33 and its 200 day moving average price is $22.44.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.03. The firm had revenue of $198.72 million during the quarter, compared to the consensus estimate of $229.63 million. Starwood Property Trust had a return on equity of 11.24% and a net margin of 55.96%. The firm’s revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 EPS. On average, equities research analysts forecast that Starwood Property Trust, Inc. will post $2.10 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.73%. The ex-dividend date was Wednesday, June 28th. Starwood Property Trust’s dividend payout ratio is presently 107.26%.

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Several brokerages have recently issued reports on STWD. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Saturday, May 13th. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $24.00.

In other Starwood Property Trust news, Director Camille J. Douglas sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $21.62, for a total transaction of $97,290.00. Following the completion of the sale, the director now directly owns 20,944 shares of the company’s stock, valued at approximately $452,809.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.40% of the stock is owned by corporate insiders.

About Starwood Property Trust

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

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