Seneca House Advisors Increases Stock Holdings in Starwood Property Trust, Inc. $STWD

Seneca House Advisors raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 6.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 621,728 shares of the real estate investment trust’s stock after purchasing an additional 36,886 shares during the quarter. Starwood Property Trust makes up approximately 4.3% of Seneca House Advisors’ portfolio, making the stock its 6th largest holding. Seneca House Advisors’ holdings in Starwood Property Trust were worth $10,706,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB grew its stake in Starwood Property Trust by 106.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 746 shares in the last quarter. CENTRAL TRUST Co grew its position in shares of Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 908 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at $28,000. FNY Investment Advisers LLC purchased a new stake in Starwood Property Trust during the 3rd quarter worth about $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in Starwood Property Trust in the 4th quarter worth about $53,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on STWD. JPMorgan Chase & Co. lowered their price target on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Weiss Ratings cut shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Keefe, Bruyette & Woods reduced their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Wall Street Zen downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 4th. Finally, UBS Group assumed coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average target price of $19.70.

Starwood Property Trust Price Performance

NYSE STWD traded up $0.20 during trading hours on Friday, reaching $16.64. 2,059,914 shares of the stock traded hands, compared to its average volume of 3,517,808. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a 50 day simple moving average of $17.03 and a two-hundred day simple moving average of $17.65. Starwood Property Trust, Inc. has a 1 year low of $16.29 and a 1 year high of $20.99. The company has a market cap of $6.17 billion, a price-to-earnings ratio of 17.34, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $205.55 million for the quarter, compared to the consensus estimate of $496.25 million. Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. Starwood Property Trust’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 earnings per share. On average, analysts predict that Starwood Property Trust, Inc. will post 1.55 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date is Tuesday, June 30th. Starwood Property Trust’s payout ratio is presently 200.00%.

Starwood Property Trust Company Profile

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.