Starwood Property Trust Sees Unusually Large Options Volume (STWD)

Starwood Property Trust, Inc. (NYSE:STWD) was the target of some unusual options trading on Monday. Stock traders purchased 2,864 call options on the company. This represents an increase of 830% compared to the average daily volume of 308 call options.

In related news, COO Andrew Jay Sossen sold 11,270 shares of the business’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 transaction of $247,263.80. Following the completion of the transaction, the chief operating officer now directly owns 108,258 shares in the company, valued at approximately $2,375,180.52. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the transaction, the chief financial officer now owns 100,026 shares of the company’s stock, valued at $2,196,570.96. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Intellectus Partners LLC raised its holdings in shares of Starwood Property Trust by 0.3% during the 2nd quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock worth $489,000 after acquiring an additional 65 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Starwood Property Trust by 1.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 87 shares in the last quarter. CWA Asset Management Group LLC raised its holdings in shares of Starwood Property Trust by 2.5% during the 2nd quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 250 shares in the last quarter. S. R. Schill & Associates raised its holdings in shares of Starwood Property Trust by 0.6% during the 2nd quarter. S. R. Schill & Associates now owns 52,265 shares of the real estate investment trust’s stock worth $1,170,000 after acquiring an additional 286 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Starwood Property Trust by 5.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock worth $180,000 after acquiring an additional 438 shares in the last quarter. 67.53% of the stock is currently owned by institutional investors.

A number of research analysts recently issued reports on the company. ValuEngine upgraded Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. B. Riley reiterated a “buy” rating and set a $24.00 price objective on shares of Starwood Property Trust in a research note on Monday, November 27th. Zacks Investment Research upgraded Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Wednesday, November 15th. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Compass Point upgraded Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Starwood Property Trust presently has an average rating of “Buy” and a consensus target price of $24.00.

Starwood Property Trust (NYSE STWD) opened at $21.72 on Friday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.68. Starwood Property Trust has a twelve month low of $21.27 and a twelve month high of $23.01. The company has a market capitalization of $5,648.01, a P/E ratio of 10.31, a P/E/G ratio of 2.04 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The company had revenue of $226.77 million for the quarter, compared to analysts’ expectations of $236.76 million. During the same period in the previous year, the firm earned $0.59 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. analysts anticipate that Starwood Property Trust will post 2.12 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.84%. Starwood Property Trust’s dividend payout ratio is presently 116.36%.

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Starwood Property Trust Company Profile

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