Seneca House Advisors Has $10.71 Million Stake in Starwood Property Trust, Inc. $STWD

Seneca House Advisors boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 6.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 621,728 shares of the real estate investment trust’s stock after acquiring an additional 36,886 shares during the quarter. Starwood Property Trust accounts for about 4.3% of Seneca House Advisors’ portfolio, making the stock its 6th largest position. Seneca House Advisors owned 0.17% of Starwood Property Trust worth $10,706,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peak Financial Advisors LLC boosted its holdings in Starwood Property Trust by 2.2% in the first quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust’s stock valued at $442,000 after acquiring an additional 559 shares during the last quarter. Brown Advisory Inc. raised its holdings in Starwood Property Trust by 1.3% during the 4th quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust’s stock worth $854,000 after purchasing an additional 600 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Starwood Property Trust by 11.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 613 shares during the period. Quadrant Capital Group LLC boosted its stake in shares of Starwood Property Trust by 2.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 621 shares during the last quarter. Finally, Mutual Advisors LLC boosted its stake in shares of Starwood Property Trust by 1.8% in the 4th quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust’s stock valued at $659,000 after purchasing an additional 631 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Up 1.2%

Shares of Starwood Property Trust stock traded up $0.20 on Friday, hitting $16.64. The company had a trading volume of 2,059,914 shares, compared to its average volume of 3,517,808. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a 50 day moving average of $17.03 and a 200-day moving average of $17.65. Starwood Property Trust, Inc. has a 1 year low of $16.29 and a 1 year high of $20.99. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 17.34, a P/E/G ratio of 2.20 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data 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 analysts’ expectations of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.Starwood Property Trust’s revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share. As a group, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.55 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 11.5%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 200.00%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. UBS Group began coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target for the company. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Keefe, Bruyette & Woods dropped their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lowered their target price on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $19.70.

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.