Global Retirement Partners LLC Purchases New Holdings in Starwood Property Trust, Inc. $STWD

Global Retirement Partners LLC acquired a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 52,371 shares of the real estate investment trust’s stock, valued at approximately $858,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co lifted its holdings in shares of Starwood Property Trust by 154.4% during 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 during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust in the 4th quarter worth approximately $28,000. Versant Capital Management Inc grew its stake in shares of Starwood Property Trust by 293.2% in the 2nd quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,457 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Starwood Property Trust by 169.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 2,053 shares during the last quarter. Finally, North Star Investment Management Corp. increased its position in Starwood Property Trust by 1,605.0% during the 1st quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 3,210 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wall Street Zen cut Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Starwood Property Trust in a research note on Friday, August 7th. Wells Fargo & Company set a $20.00 target price on Starwood Property Trust in a research note on Monday. JPMorgan Chase & Co. reduced their price target on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a report on Tuesday. Finally, Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating for the company in a research report 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $19.20.

Starwood Property Trust Stock Down 0.0%

STWD stock opened at $16.23 on Wednesday. The stock has a market capitalization of $6.01 billion, a P/E ratio of 27.52, a P/E/G ratio of 2.20 and a beta of 0.98. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46. Starwood Property Trust, Inc. has a 1-year low of $15.51 and a 1-year high of $20.84. The business has a fifty day moving average price of $16.56 and a 200-day moving average price of $17.29.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The company had revenue of $201.42 million for the quarter, compared to analysts’ expectations of $521.67 million. During the same period last year, the firm posted $0.43 earnings per share. Starwood Property Trust’s revenue was up 15.6% compared to the same quarter last year. Equities analysts forecast that Starwood Property Trust, Inc. will post 1.51 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.92 annualized dividend and a yield of 11.8%. Starwood Property Trust’s dividend payout ratio is currently 325.42%.

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.