Starwood Property Trust, Inc. (NYSE:STWD) Stake Boosted by Seneca House Advisors

Seneca House Advisors increased its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 8.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 477,461 shares of the real estate investment trust’s stock after purchasing an additional 35,285 shares during the quarter. Starwood Property Trust makes up 3.9% of Seneca House Advisors’ investment portfolio, making the stock its 7th largest holding. Seneca House Advisors owned about 0.14% of Starwood Property Trust worth $9,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Norges Bank purchased a new position in Starwood Property Trust during the 4th quarter valued at about $63,044,000. Atria Wealth Solutions Inc. grew its stake in Starwood Property Trust by 31.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock valued at $1,670,000 after acquiring an additional 20,840 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Starwood Property Trust during the 4th quarter valued at about $377,000. Sei Investments Co. grew its stake in Starwood Property Trust by 154.7% during the 4th quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust’s stock valued at $3,484,000 after acquiring an additional 111,654 shares in the last quarter. Finally, Focused Wealth Management Inc grew its stake in Starwood Property Trust by 16.0% during the 4th quarter. Focused Wealth Management Inc now owns 185,124 shares of the real estate investment trust’s stock valued at $3,508,000 after acquiring an additional 25,573 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 0.7%

STWD opened at $20.20 on Friday. The business has a 50 day moving average price of $19.12 and a 200 day moving average price of $19.50. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a market cap of $6.86 billion, a P/E ratio of 17.27 and a beta of 1.25.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same quarter last year, the firm posted $0.59 earnings per share. Research analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.48 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 annualized dividend and a yield of 9.50%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 202.11%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research note on Monday, May 12th. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. Finally, UBS Group reissued a “neutral” rating and issued a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research note on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $21.83.

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.