WINTON GROUP Ltd Acquires New Shares in Starwood Property Trust, Inc. $STWD

WINTON GROUP Ltd acquired a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 84,581 shares of the real estate investment trust’s stock, valued at approximately $1,523,000.

A number of other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of Starwood Property Trust by 70.1% during the 1st quarter. AQR Capital Management LLC now owns 36,396 shares of the real estate investment trust’s stock worth $720,000 after buying an additional 15,001 shares during the last quarter. NewEdge Advisors LLC grew its stake in Starwood Property Trust by 23.9% in the 1st quarter. NewEdge Advisors LLC now owns 19,606 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 3,784 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Starwood Property Trust by 99.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,450 shares of the real estate investment trust’s stock valued at $150,000 after acquiring an additional 3,721 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Starwood Property Trust by 42.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,535 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 1,657 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in Starwood Property Trust by 3.3% during the second quarter. Baird Financial Group Inc. now owns 113,306 shares of the real estate investment trust’s stock worth $2,274,000 after acquiring an additional 3,577 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $16.84 on Tuesday. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market cap of $6.24 billion, a PE ratio of 17.54, a P/E/G ratio of 2.41 and a beta of 0.99. The firm has a 50 day simple moving average of $17.54 and a 200-day simple moving average of $17.91. Starwood Property Trust, Inc. has a 1-year low of $16.76 and a 1-year high of $21.05.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The firm had revenue of $205.55 million for the quarter, compared to analyst estimates of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The firm’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 EPS. On average, equities analysts expect that Starwood Property Trust, Inc. will post 1.57 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 11.4%. Starwood Property Trust’s dividend payout ratio (DPR) is 200.00%.

Starwood Property Trust announced that its board has approved a stock repurchase plan on Thursday, February 26th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the real estate investment trust to reacquire up to 6.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts have recently commented on STWD shares. UBS Group initiated coverage on shares of Starwood Property Trust in a research report on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 price target on the stock. Weiss Ratings downgraded Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Wells Fargo & Company reduced their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Thursday, February 26th. Zacks Research cut Starwood Property Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 27th. Finally, Bank of America reissued a “neutral” rating and set a $19.00 price target on shares of Starwood Property Trust in a research report on Friday, March 6th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Hold” and an average price target of $19.70.

Insider Activity at Starwood Property Trust

In other news, Director Jeffrey G. Dishner sold 7,013 shares of Starwood Property Trust stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total value of $120,132.69. Following the completion of the sale, the director owned 168,152 shares of the company’s stock, valued at $2,880,443.76. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.80% of the stock is currently owned by corporate insiders.

Starwood Property Trust Company Profile

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.