Rothschild Investment Corp IL lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 276,343 shares of the real estate investment trust’s stock after purchasing an additional 1,875 shares during the quarter. Rothschild Investment Corp IL’s holdings in Starwood Property Trust were worth $6,693,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Lenox Wealth Advisors LLC acquired a new stake in Starwood Property Trust in the 3rd quarter valued at $25,000. Valeo Financial Advisors LLC acquired a new stake in Starwood Property Trust in the 2nd quarter valued at $27,000. Pacific Center for Financial Services acquired a new stake in Starwood Property Trust in the 2nd quarter valued at $27,000. Sandy Spring Bank acquired a new stake in Starwood Property Trust in the 2nd quarter valued at $28,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in Starwood Property Trust by 118.3% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,552 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 841 shares in the last quarter. 62.74% of the stock is currently owned by institutional investors.
STWD traded up $0.02 during trading on Friday, hitting $24.25. The company’s stock had a trading volume of 41,020 shares, compared to its average volume of 1,761,303. The firm’s 50 day moving average price is $24.05 and its two-hundred day moving average price is $23.16. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 2.29. Starwood Property Trust, Inc. has a 12 month low of $19.16 and a 12 month high of $24.96. The stock has a market capitalization of $6.74 billion, a price-to-earnings ratio of 11.49 and a beta of 0.57.
Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.02. Starwood Property Trust had a return on equity of 10.51% and a net margin of 31.15%. The firm had revenue of $351.99 million during the quarter, compared to the consensus estimate of $308.00 million. During the same quarter in the previous year, the company posted $0.54 EPS. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. On average, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.84 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.48 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.92 annualized dividend and a yield of 7.92%. Starwood Property Trust’s payout ratio is 91.00%.
In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 30,000 shares of Starwood Property Trust stock in a transaction on Friday, September 6th. The stock was sold at an average price of $23.74, for a total value of $712,200.00. Following the completion of the transaction, the president now owns 305,765 shares in the company, valued at approximately $7,258,861.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Rina Paniry sold 13,000 shares of Starwood Property Trust stock in a transaction on Monday, September 9th. The shares were sold at an average price of $24.01, for a total value of $312,130.00. Following the completion of the transaction, the chief financial officer now owns 199,927 shares of the company’s stock, valued at approximately $4,800,247.27. The disclosure for this sale can be found here. Insiders own 3.10% of the company’s stock.
STWD has been the topic of several recent analyst reports. Zacks Investment Research raised Starwood Property Trust from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, August 28th. Raymond James boosted their price target on Starwood Property Trust from $24.00 to $27.00 and gave the company an “outperform” rating in a research note on Wednesday, August 14th.
Starwood Property Trust Company Profile
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.
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