Starwood Property Trust, Inc. $STWD Shares Sold by Childress Capital Advisors LLC

Childress Capital Advisors LLC lowered its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 9.1% in the second quarter, HoldingsChannel.com reports. The firm owned 25,058 shares of the real estate investment trust’s stock after selling 2,507 shares during the quarter. Childress Capital Advisors LLC’s holdings in Starwood Property Trust were worth $503,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Alpine Bank Wealth Management purchased a new stake in Starwood Property Trust during the 1st quarter worth about $25,000. Meeder Asset Management Inc. purchased a new stake in Starwood Property Trust during the 1st quarter worth about $25,000. PSI Advisors LLC purchased a new stake in Starwood Property Trust during the 1st quarter worth about $28,000. SVB Wealth LLC purchased a new stake in Starwood Property Trust during the 1st quarter worth about $30,000. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in Starwood Property Trust during the 1st quarter worth about $40,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of NYSE:STWD opened at $19.37 on Wednesday. The company’s fifty day moving average price is $20.03 and its 200 day moving average price is $19.78. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.05. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market capitalization of $7.11 billion, a P/E ratio of 17.77 and a beta of 1.28.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The company had revenue of $444.28 million for the quarter, compared to the consensus estimate of $477.00 million. During the same period last year, the firm posted $0.48 EPS. Starwood Property Trust’s revenue for the quarter was down 9.3% on a year-over-year basis. As a group, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 176.15%.

Analysts Set New Price Targets

A number of analysts have issued reports on STWD shares. Keefe, Bruyette & Woods lifted their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Wall Street Zen upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, UBS Group lifted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $21.13.

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.