Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 20.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,581 shares of the real estate investment trust’s stock after acquiring an additional 9,770 shares during the period. Daymark Wealth Partners LLC’s holdings in Starwood Property Trust were worth $1,138,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of STWD. PSI Advisors LLC purchased a new stake in shares of Starwood Property Trust during the 1st quarter worth $28,000. Quarry LP purchased a new position in Starwood Property Trust in the fourth quarter valued at $31,000. Hurley Capital LLC acquired a new stake in Starwood Property Trust in the fourth quarter valued at $36,000. Smartleaf Asset Management LLC lifted its holdings in Starwood Property Trust by 83.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 854 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Starwood Property Trust by 83.0% during the 1st quarter. UMB Bank n.a. now owns 3,195 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 1,449 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $20.25 on Thursday. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market cap of $6.87 billion, a PE ratio of 21.31 and a beta of 1.25. The stock has a fifty day moving average price of $19.62 and a 200 day moving average price of $19.50. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The business had revenue of $418.18 million for the quarter, compared to analysts’ expectations of $469.00 million. During the same period last year, the company posted $0.59 earnings per share. Sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be issued a $0.48 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 9.48%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 202.11%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. UBS Group reiterated a “neutral” rating and issued a $19.50 price objective (up previously from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. JPMorgan Chase & Co. increased their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research report on Monday, May 12th. Finally, Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Monday, April 7th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target 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.