Starwood Property Trust, Inc. $STWD Shares Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC increased its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,171 shares of the real estate investment trust’s stock after purchasing an additional 550 shares during the quarter. Kestra Investment Management LLC’s holdings in Starwood Property Trust were worth $2,791,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northern Trust Corp grew its stake in Starwood Property Trust by 3.6% during the 1st quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust’s stock worth $108,326,000 after purchasing an additional 192,283 shares in the last quarter. Raymond James Financial Inc. grew its stake in Starwood Property Trust by 5.5% during the 1st quarter. Raymond James Financial Inc. now owns 2,719,027 shares of the real estate investment trust’s stock worth $53,755,000 after purchasing an additional 141,689 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Starwood Property Trust by 1.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,194,942 shares of the real estate investment trust’s stock worth $43,394,000 after buying an additional 41,845 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Starwood Property Trust by 10.7% during the 1st quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust’s stock worth $39,414,000 after buying an additional 193,417 shares during the last quarter. Finally, Leeward Investments LLC MA lifted its holdings in Starwood Property Trust by 1.2% during the 1st quarter. Leeward Investments LLC MA now owns 1,324,081 shares of the real estate investment trust’s stock worth $26,177,000 after buying an additional 15,874 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Up 0.6%

Starwood Property Trust stock opened at $20.58 on Friday. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. The company has a market capitalization of $7.56 billion, a P/E ratio of 18.88 and a beta of 1.28. The stock has a 50-day simple moving average of $20.12 and a 200-day simple moving average of $19.76.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The business had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. During the same period in the previous year, the business earned $0.48 EPS. The business’s quarterly revenue was down 9.3% on a year-over-year basis. Equities research analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust’s payout ratio is presently 176.15%.

Analyst Upgrades and Downgrades

STWD has been the subject of a number of recent analyst reports. UBS Group lifted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Tuesday, July 15th. Wall Street Zen raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. JPMorgan Chase & Co. lifted their price target on Starwood Property Trust from $19.00 to $19.50 and gave the stock an “overweight” rating in a report on Monday, May 12th. Finally, Keefe, Bruyette & Woods lifted their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and an average target price of $21.70.

Starwood Property Trust Company 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.