Starwood Property Trust, Inc. (STWD) Holdings Trimmed by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC cut its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 23.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 650,564 shares of the real estate investment trust’s stock after selling 201,865 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.25% of Starwood Property Trust worth $14,566,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bronfman E.L. Rothschild L.P. raised its stake in shares of Starwood Property Trust by 1.6% in the 2nd 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 purchasing an additional 87 shares during the period. Penserra Capital Management LLC raised its stake in shares of Starwood Property Trust by 10.0% in the 2nd quarter. Penserra Capital Management LLC now owns 6,453 shares of the real estate investment trust’s stock valued at $144,000 after purchasing an additional 586 shares during the period. ClariVest Asset Management LLC raised its stake in shares of Starwood Property Trust by 26.6% in the 2nd quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock valued at $146,000 after purchasing an additional 1,366 shares during the period. Ffcm LLC raised its stake in shares of Starwood Property Trust by 108.2% in the 2nd quarter. Ffcm LLC now owns 7,253 shares of the real estate investment trust’s stock valued at $164,000 after purchasing an additional 3,769 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Starwood Property Trust by 5.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after purchasing an additional 438 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

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Shares of Starwood Property Trust, Inc. (STWD) opened at 21.65 on Friday. Starwood Property Trust, Inc. has a 1-year low of $21.11 and a 1-year high of $23.01. The firm has a 50 day moving average price of $21.98 and a 200 day moving average price of $22.21. The firm has a market cap of $5.62 billion, a P/E ratio of 12.44 and a beta of 0.53.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.87%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 109.09%.

In other news, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at approximately $2,375,180.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the transaction, the chief financial officer now directly owns 100,026 shares in the company, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by corporate insiders.

Several research firms have issued reports on STWD. BidaskClub downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. Finally, ValuEngine raised Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Starwood Property Trust has a consensus rating of “Hold” and a consensus price target of $24.00.

Starwood Property Trust Profile

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

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