157,198 Shares in Starwood Property Trust, Inc. $STWD Bought by Twin Lakes Capital Management LLC

Twin Lakes Capital Management LLC acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 157,198 shares of the real estate investment trust’s stock, valued at approximately $2,575,000. Starwood Property Trust makes up about 1.0% of Twin Lakes Capital Management LLC’s holdings, making the stock its 26th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Orion Capital Management LLC acquired a new position in Starwood Property Trust during the second quarter worth about $33,000. Empowered Funds LLC acquired a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $265,000. Bank OZK bought a new stake in shares of Starwood Property Trust during the 2nd quarter valued at approximately $382,000. Equitable Holdings Inc. bought a new stake in shares of Starwood Property Trust during the 2nd quarter valued at approximately $513,000. Finally, Centaurus Financial Inc. bought a new stake in shares of Starwood Property Trust during the 2nd quarter valued at approximately $4,660,000. Institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on STWD. JPMorgan Chase & Co. dropped their price objective on shares of Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a research note on Tuesday, August 18th. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Wells Fargo & Company set a $20.00 price target on Starwood Property Trust in a research note on Monday, August 17th. Wall Street Zen cut Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Keefe, Bruyette & Woods lowered their price objective on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating for the company in a research note on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus target price of $19.20.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $15.81 on Friday. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 26.80, a P/E/G ratio of 2.10 and a beta of 0.98. Starwood Property Trust, Inc. has a twelve month low of $15.51 and a twelve month high of $20.84. The company’s fifty day moving average is $16.45 and its 200 day moving average is $17.19. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. The business had revenue of $201.42 million during the quarter, compared to analyst estimates of $521.67 million. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.Starwood Property Trust’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period last year, the company earned $0.43 EPS. Sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.4 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date was Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio (DPR) is 325.42%.

Starwood Property Trust 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.