Cetera Investment Advisers Purchases 47,572 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Cetera Investment Advisers lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 466,607 shares of the real estate investment trust’s stock after purchasing an additional 47,572 shares during the period. Cetera Investment Advisers’ holdings in Starwood Property Trust were worth $8,842,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust during the fourth quarter worth about $28,000. Brooklyn Investment Group grew its holdings in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 730 shares during the last quarter. Quarry LP bought a new stake in shares of Starwood Property Trust during the fourth quarter worth about $31,000. UMB Bank n.a. grew its holdings in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 854 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

Shares of STWD opened at $19.17 on Monday. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.17. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The business’s 50 day moving average price is $19.19 and its two-hundred day moving average price is $19.47. The firm has a market cap of $6.47 billion, a PE ratio of 16.38 and a beta of 1.26.

Starwood Property Trust (NYSE:STWD) last issued its 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 return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. During the same period in the previous year, the company earned $0.59 earnings per share. On average, equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.02%. The ex-dividend date was Monday, March 31st. Starwood Property Trust’s payout ratio is 202.11%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. UBS Group reduced their target price on Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. Keefe, Bruyette & Woods reduced their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. reduced their target price on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.86.

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.