KMG Fiduciary Partners LLC Decreases Stake in Starwood Property Trust, Inc. (NYSE:STWD)

KMG Fiduciary Partners LLC reduced its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 114,599 shares of the real estate investment trust’s stock after selling 1,996 shares during the period. KMG Fiduciary Partners LLC’s holdings in Starwood Property Trust were worth $2,172,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Geode Capital Management LLC grew its position in shares of Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after acquiring an additional 399,672 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after acquiring an additional 116,182 shares during the period. HighTower Advisors LLC grew its position in shares of Starwood Property Trust by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock valued at $35,170,000 after acquiring an additional 150,576 shares during the period. Van ECK Associates Corp grew its position in shares of Starwood Property Trust by 27.1% during the 3rd quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after acquiring an additional 279,793 shares during the period. Finally, Raymond James & Associates grew its position in shares of Starwood Property Trust by 0.6% during the 3rd quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after acquiring an additional 6,616 shares during the period. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Up 0.7 %

Shares of NYSE:STWD opened at $19.26 on Friday. The firm has a fifty day moving average price of $19.58 and a two-hundred day moving average price of $19.81. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.19. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 16.46 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. The firm had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the company posted $0.46 EPS. Analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.97%. The ex-dividend date was Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is currently 164.10%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STWD. Wells Fargo & Company increased their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. UBS Group raised their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. JMP Securities cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, JPMorgan Chase & Co. cut their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus price target of $22.19.

Starwood Property Trust Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.