Starwood Property Trust, Inc. (STWD) COO Andrew Jay Sossen Sells 11,270 Shares

Starwood Property Trust, Inc. (NYSE:STWD) COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total value of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares in the company, valued at $2,375,180.52. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Starwood Property Trust, Inc. (NYSE STWD) traded down 0.45% during midday trading on Thursday, reaching $21.90. The company’s stock had a trading volume of 1,012,473 shares. The firm has a market cap of $5.68 billion, a price-to-earnings ratio of 12.58 and a beta of 0.53. Starwood Property Trust, Inc. has a 12-month low of $21.11 and a 12-month high of $23.32. The company’s 50-day moving average is $22.04 and its 200 day moving average is $22.26.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.01. The firm had revenue of $211.57 million for the quarter, compared to analysts’ expectations of $244.13 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same quarter in the prior year, the firm posted $0.50 earnings per share. Equities analysts forecast that Starwood Property Trust, Inc. will post $2.10 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.73%. Starwood Property Trust’s dividend payout ratio is 109.09%.

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Several equities analysts recently issued reports on the company. BidaskClub lowered Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, ValuEngine lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Starwood Property Trust currently has an average rating of “Hold” and a consensus price target of $24.33.

Several institutional investors and hedge funds have recently added to or reduced their stakes in STWD. Bronfman E.L. Rothschild L.P. grew its stake in shares of Starwood Property Trust by 1.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 87 shares during the last quarter. Penserra Capital Management LLC grew its stake in shares of Starwood Property Trust by 10.0% during the second quarter. Penserra Capital Management LLC now owns 6,453 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 586 shares during the last quarter. ClariVest Asset Management LLC grew its stake in shares of Starwood Property Trust by 26.6% during the second quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock valued at $146,000 after buying an additional 1,366 shares during the last quarter. Ffcm LLC grew its stake in shares of Starwood Property Trust by 108.2% during the second quarter. Ffcm LLC now owns 7,253 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 3,769 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Starwood Property Trust by 5.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 438 shares during the last quarter. 68.58% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Company Profile

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