Adams Asset Advisors LLC Purchases 97,452 Shares of Starwood Property Trust, Inc. $STWD

Adams Asset Advisors LLC grew its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 48.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,901 shares of the real estate investment trust’s stock after purchasing an additional 97,452 shares during the quarter. Adams Asset Advisors LLC’s holdings in Starwood Property Trust were worth $4,049,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in STWD. Versant Capital Management Inc boosted its holdings in Starwood Property Trust by 293.2% during the second quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,457 shares in the last quarter. Orion Capital Management LLC purchased a new position in Starwood Property Trust in the second quarter valued at $33,000. Bullseye Investment Management LLC acquired a new position in shares of Starwood Property Trust in the second quarter worth about $34,000. CENTRAL TRUST Co raised its position in shares of Starwood Property Trust by 66.6% in the first quarter. CENTRAL TRUST Co now owns 2,493 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 997 shares during the period. Finally, North Star Investment Management Corp. boosted its stake in shares of Starwood Property Trust by 1,605.0% during the 1st quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 3,210 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

STWD has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Starwood Property Trust in a research report on Friday, August 7th. Citigroup reaffirmed a “market outperform” rating on shares of Starwood Property Trust in a report on Thursday, September 24th. Keefe, Bruyette & Woods lowered their price target 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. Wells Fargo & Company set a $20.00 price objective on Starwood Property Trust in a report on Monday, August 17th. Finally, JPMorgan Chase & Co. cut their price objective on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a research report on Tuesday, August 18th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $19.20.

Starwood Property Trust Price Performance

STWD traded up $0.07 during midday trading on Thursday, hitting $12.73. 7,971,867 shares of the company traded hands, compared to its average volume of 3,824,487. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 1.70 and a beta of 1.01. Starwood Property Trust, Inc. has a 52-week low of $12.42 and a 52-week high of $19.06. The business has a 50 day simple moving average of $15.44 and a two-hundred day simple moving average of $16.57.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. The business had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 earnings per share. On average, equities analysts forecast that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 15.1%. The ex-dividend date is Wednesday, September 30th. Starwood Property Trust’s payout ratio is presently 325.42%.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc (NYSE: STWD) is a real estate investment trust focused on commercial real estate finance. The company originates, acquires, finances and manages a range of real estate debt investments, including senior and subordinate mortgages, mezzanine loans, and other credit investments secured by commercial properties.

Its business also includes commercial real estate lending and servicing, residential lending, and infrastructure lending. Through these activities, Starwood Property Trust provides financing to property owners, developers and other real estate participants across multiple property types, including office, multifamily, industrial, hospitality and other commercial assets.

Founded in 2009, the company operates primarily in the United States and has also pursued lending and investment opportunities in Europe and other select international markets.