Oak Thistle LLC Boosts Position in Starwood Property Trust, Inc. $STWD

Oak Thistle LLC raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 112.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 89,409 shares of the real estate investment trust’s stock after acquiring an additional 47,238 shares during the quarter. Oak Thistle LLC’s holdings in Starwood Property Trust were worth $1,732,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in STWD. Cetera Trust Company N.A lifted its holdings in shares of Starwood Property Trust by 5.2% during the 2nd quarter. Cetera Trust Company N.A now owns 10,730 shares of the real estate investment trust’s stock valued at $215,000 after acquiring an additional 530 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Starwood Property Trust by 14.8% during the third quarter. GAMMA Investing LLC now owns 4,235 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 547 shares in the last quarter. Kestra Investment Management LLC boosted its position in shares of Starwood Property Trust by 0.4% in the first quarter. Kestra Investment Management LLC now owns 141,171 shares of the real estate investment trust’s stock worth $2,791,000 after buying an additional 550 shares during the period. IFP Advisors Inc grew its stake in shares of Starwood Property Trust by 14.3% in the second quarter. IFP Advisors Inc now owns 4,664 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 583 shares in the last quarter. Finally, Crux Wealth Advisors raised its holdings in shares of Starwood Property Trust by 2.6% during the 2nd quarter. Crux Wealth Advisors now owns 24,987 shares of the real estate investment trust’s stock valued at $501,000 after buying an additional 643 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 1.4%

STWD stock opened at $18.50 on Thursday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 2.98. The firm has a 50 day simple moving average of $18.29 and a 200-day simple moving average of $19.46. The company has a market capitalization of $6.85 billion, a P/E ratio of 17.61 and a beta of 1.14. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.05.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.04). The company had revenue of $247.87 million for the quarter, compared to the consensus estimate of $479.70 million. Starwood Property Trust had a net margin of 20.28% and a return on equity of 8.41%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.48 earnings per share. On average, equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.4%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 182.86%.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of analyst reports. Zacks Research cut Starwood Property Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 29th. Wells Fargo & Company decreased their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $20.63.

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.