95,758 Shares in Starwood Property Trust, Inc. $STWD Acquired by Diversify Advisory Services LLC

Diversify Advisory Services LLC bought a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 95,758 shares of the real estate investment trust’s stock, valued at approximately $1,588,000.

Other hedge funds have also added to or reduced their stakes in the company. CENTRAL TRUST Co lifted its holdings in shares of Starwood Property Trust by 154.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 908 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust in the fourth quarter worth $28,000. Versant Capital Management Inc grew its holdings in shares of Starwood Property Trust by 293.2% in the second quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 1,457 shares during the period. North Star Investment Management Corp. increased its position in Starwood Property Trust by 1,605.0% during the first quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 3,210 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Starwood Property Trust by 169.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 2,053 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Up 1.8%

STWD stock opened at $16.53 on Thursday. The business’s 50-day moving average price is $16.55 and its 200-day moving average price is $17.28. The stock has a market cap of $6.12 billion, a P/E ratio of 28.02, a PEG ratio of 1.98 and a beta of 0.98. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust, Inc. has a twelve month low of $15.51 and a twelve month high of $20.84.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company had revenue of $201.42 million during the quarter, compared to analyst estimates of $521.67 million. During the same period in the prior year, the firm posted $0.43 EPS. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. On average, equities research analysts forecast that Starwood Property Trust, Inc. will post 1.51 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 11.6%. Starwood Property Trust’s dividend payout ratio is 325.42%.

Analyst Ratings Changes

STWD has been the topic of several research reports. Keefe, Bruyette & Woods dropped their target price on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a research report on Friday, August 7th. JPMorgan Chase & Co. reduced their price target on shares of Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a research report on Tuesday. Zacks Research upgraded shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen downgraded shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research report on Monday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.20.

About Starwood Property Trust

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.