Starwood Property Trust, Inc. (NYSE:STWD) Stock Position Lifted by NorthRock Partners LLC

NorthRock Partners LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 37.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,890 shares of the real estate investment trust’s stock after buying an additional 4,317 shares during the period. NorthRock Partners LLC’s holdings in Starwood Property Trust were worth $301,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Starwood Property Trust during the fourth quarter valued at about $63,044,000. Atria Wealth Solutions Inc. boosted its stake in Starwood Property Trust by 31.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock valued at $1,670,000 after buying an additional 20,840 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Starwood Property Trust during the fourth quarter valued at about $377,000. Golden State Equity Partners boosted its stake in Starwood Property Trust by 346.0% during the fourth quarter. Golden State Equity Partners now owns 27,708 shares of the real estate investment trust’s stock valued at $525,000 after buying an additional 21,496 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in Starwood Property Trust by 154.7% during the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust’s stock valued at $3,484,000 after buying an additional 111,654 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on STWD shares. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. raised their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research note on Monday, May 12th. Finally, UBS Group decreased their price target on Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $21.75.

Starwood Property Trust Trading Up 0.7%

NYSE:STWD opened at $20.29 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 17.34 and a beta of 1.26. The stock has a fifty day simple moving average of $19.17 and a 200 day simple moving average of $19.47.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same quarter last year, the business earned $0.59 EPS. Sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.47%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust’s dividend payout ratio is currently 202.11%.

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.