Starwood Property Trust, Inc. (STWD) Shares Bought by Cornerstone Capital Management Holdings LLC.

Cornerstone Capital Management Holdings LLC. boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 43.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 127,181 shares of the real estate investment trust’s stock after acquiring an additional 38,374 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in Starwood Property Trust were worth $2,762,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in STWD. Janney Montgomery Scott LLC raised its position in Starwood Property Trust by 33.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 11,940 shares of the real estate investment trust’s stock valued at $267,000 after purchasing an additional 2,971 shares in the last quarter. Sei Investments Co. raised its position in Starwood Property Trust by 15.9% in the 2nd quarter. Sei Investments Co. now owns 136,341 shares of the real estate investment trust’s stock valued at $3,053,000 after purchasing an additional 18,692 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in Starwood Property Trust by 11.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 938,878 shares of the real estate investment trust’s stock valued at $21,022,000 after purchasing an additional 95,851 shares in the last quarter. ClariVest Asset Management LLC raised its position in 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 in the last quarter. Finally, State of Wisconsin Investment Board raised its position in Starwood Property Trust by 1.9% in the 2nd quarter. State of Wisconsin Investment Board now owns 50,825 shares of the real estate investment trust’s stock valued at $1,138,000 after purchasing an additional 930 shares in the last quarter. Institutional investors own 67.41% of the company’s stock.

A number of equities research analysts have issued reports on STWD shares. Compass Point raised Starwood Property Trust from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 25th. ValuEngine raised Starwood Property Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. B. Riley reissued a “buy” rating and set a $24.00 target price on shares of Starwood Property Trust in a research report on Thursday, November 9th. Finally, Zacks Investment Research raised Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Wednesday, November 15th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Starwood Property Trust has a consensus rating of “Buy” and a consensus price target of $24.00.

Shares of Starwood Property Trust, Inc. (NYSE STWD) opened at $21.85 on Tuesday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47. Starwood Property Trust, Inc. has a 12-month low of $21.27 and a 12-month high of $23.01. The firm has a market capitalization of $5,689.77, a PE ratio of 10.38, a PEG ratio of 2.06 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the 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 business had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. During the same quarter last year, the company earned $0.59 EPS. The business’s quarterly revenue was up 10.8% on a year-over-year basis. research analysts forecast that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.79%. The ex-dividend date of this dividend is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is 116.36%.

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Starwood Property Trust Company Profile

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

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