Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by United Advisor Group LLC

United Advisor Group LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,600 shares of the real estate investment trust’s stock after buying an additional 5,616 shares during the quarter. United Advisor Group LLC’s holdings in Starwood Property Trust were worth $2,958,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STWD. Norges Bank purchased a new position in shares of Starwood Property Trust during the 4th quarter worth $63,044,000. Raymond James Financial Inc. acquired a new stake in Starwood Property Trust during the fourth quarter worth about $48,841,000. Leeward Investments LLC MA purchased a new position in Starwood Property Trust during the fourth quarter worth about $24,791,000. Northern Trust Corp boosted its holdings in Starwood Property Trust by 16.2% in the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust’s stock valued at $100,189,000 after purchasing an additional 736,699 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Starwood Property Trust by 305.4% during the 4th quarter. Focus Partners Wealth now owns 670,093 shares of the real estate investment trust’s stock worth $12,699,000 after buying an additional 504,812 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

STWD has been the topic of several research analyst reports. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Monday, April 7th. UBS Group reissued a “neutral” rating and set a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.83.

Starwood Property Trust Stock Up 1.2%

STWD stock opened at $20.08 on Thursday. The company’s 50 day moving average price is $19.41 and its 200 day moving average price is $19.50. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 21.14 and a beta of 1.25. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The firm had revenue of $418.18 million for the quarter, compared to analysts’ expectations of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same period last year, the firm posted $0.59 earnings per share. On average, equities research 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 announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.56%. The ex-dividend date is Monday, June 30th. Starwood Property Trust’s payout ratio is 202.11%.

Starwood Property Trust Company 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.