Starwood Property Trust, Inc. $STWD Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 9.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,177 shares of the real estate investment trust’s stock after selling 34,660 shares during the quarter. SG Americas Securities LLC’s holdings in Starwood Property Trust were worth $5,823,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Brown Advisory Inc. grew its position in Starwood Property Trust by 1.3% during the 4th quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust’s stock worth $854,000 after purchasing an additional 600 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of Starwood Property Trust by 11.5% in the third quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock valued at $115,000 after buying an additional 613 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Starwood Property Trust by 2.3% in the third quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock valued at $527,000 after buying an additional 621 shares during the last quarter. Mutual Advisors LLC boosted its stake in shares of Starwood Property Trust by 1.8% during the fourth quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust’s stock worth $659,000 after buying an additional 631 shares during the period. Finally, Global Trust Asset Management LLC boosted its stake in shares of Starwood Property Trust by 8.2% during the fourth quarter. Global Trust Asset Management LLC now owns 8,625 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 650 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

Shares of STWD opened at $16.80 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.31. The stock’s 50 day moving average is $17.35 and its two-hundred day moving average is $17.78. Starwood Property Trust, Inc. has a twelve month low of $16.54 and a twelve month high of $21.05. The firm has a market capitalization of $6.23 billion, a PE ratio of 17.50, a P/E/G ratio of 2.22 and a beta of 0.99.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $205.55 million for the quarter, compared to analysts’ expectations of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The business’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the company posted $0.45 earnings per share. Research analysts anticipate that Starwood Property Trust, Inc. will post 1.55 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 11.4%. Starwood Property Trust’s dividend payout ratio (DPR) is 200.00%.

Insider Activity at Starwood Property Trust

In other Starwood Property Trust news, Director Jeffrey G. Dishner sold 7,013 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $17.13, for a total transaction of $120,132.69. Following the sale, the director directly owned 168,152 shares in the company, valued at approximately $2,880,443.76. The trade was a 4.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.80% of the company’s stock.

Wall Street Analyst Weigh In

STWD has been the topic of several recent research reports. Bank of America restated a “neutral” rating and issued a $19.00 price target on shares of Starwood Property Trust in a research report on Friday, March 6th. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. UBS Group assumed coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 target price on the stock. Weiss Ratings lowered Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.70.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.