Leeward Investments LLC MA trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,125,541 shares of the real estate investment trust’s stock after selling 113,047 shares during the quarter. Leeward Investments LLC MA owned approximately 0.30% of Starwood Property Trust worth $15,195,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Peak Financial Advisors LLC raised its position in Starwood Property Trust by 2.2% in the first quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust’s stock worth $442,000 after acquiring an additional 559 shares during the period. NewEdge Wealth LLC boosted its stake in shares of Starwood Property Trust by 1.6% during the 1st quarter. NewEdge Wealth LLC now owns 46,769 shares of the real estate investment trust’s stock worth $805,000 after acquiring an additional 732 shares during the last quarter. GoalVest Advisory LLC boosted its stake in shares of Starwood Property Trust by 1.7% during the 2nd quarter. GoalVest Advisory LLC now owns 54,818 shares of the real estate investment trust’s stock worth $898,000 after acquiring an additional 934 shares during the last quarter. CENTRAL TRUST Co boosted its stake in shares of Starwood Property Trust by 66.6% during the 1st quarter. CENTRAL TRUST Co now owns 2,493 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 997 shares during the last quarter. Finally, Aviance Capital Partners LLC grew its position in shares of Starwood Property Trust by 1.1% during the 1st quarter. Aviance Capital Partners LLC now owns 88,582 shares of the real estate investment trust’s stock valued at $1,525,000 after acquiring an additional 1,000 shares during the period. 49.82% of the stock is currently owned by institutional investors.
Starwood Property Trust Price Performance
NYSE STWD opened at $12.60 on Monday. Starwood Property Trust, Inc. has a 12 month low of $11.84 and a 12 month high of $18.80. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 1.75 and a beta of 1.01. The company’s 50 day moving average is $14.52 and its two-hundred day moving average is $16.16. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47.
Starwood Property Trust (NYSE:STWD – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. The business had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 earnings per share. As a group, research analysts anticipate that Starwood Property Trust, Inc. will post 1.33 earnings per share for the current year.
Starwood Property Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 15.2%. The ex-dividend date was Wednesday, September 30th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 325.42%.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. reduced their price objective on 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. Wall Street Zen downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings downgraded Starwood Property Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Wells Fargo & Company set a $20.00 price target on Starwood Property Trust in a report on Monday, August 17th. Finally, Citigroup restated a “market outperform” rating on shares of Starwood Property Trust in a research report on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and an average target price of $18.70.
View Our Latest Report on Starwood Property Trust
Starwood Property Trust Company Profile
Starwood Property Trust, Inc is a real estate investment trust that focuses on commercial real estate finance and related investments. The company originates, acquires, and manages a range of real estate debt and equity investments, serving institutional borrowers, property owners, and developers.
Its portfolio and lending activities include senior mortgage loans, mezzanine debt, subordinated loans, preferred equity, commercial mortgage-backed securities, and other structured real estate investments.
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