RFG Advisory LLC Boosts Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

RFG Advisory LLC raised its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 151,834 shares of the real estate investment trust’s stock after purchasing an additional 4,344 shares during the quarter. RFG Advisory LLC’s holdings in Starwood Property Trust were worth $2,877,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in STWD. Artemis Investment Management LLP acquired a new position in shares of Starwood Property Trust during the third quarter valued at approximately $9,580,000. International Assets Investment Management LLC raised its holdings in shares of Starwood Property Trust by 2,414.3% during the third quarter. International Assets Investment Management LLC now owns 476,586 shares of the real estate investment trust’s stock valued at $9,713,000 after acquiring an additional 457,631 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Starwood Property Trust by 8.1% during the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after acquiring an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Starwood Property Trust by 78.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock valued at $18,174,000 after acquiring an additional 390,787 shares during the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new position in shares of Starwood Property Trust during the second quarter valued at approximately $5,455,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on STWD shares. UBS Group increased their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. JMP Securities reduced their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday. Finally, Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Trading Up 0.8 %

Shares of Starwood Property Trust stock opened at $19.19 on Friday. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 16.40 and a beta of 1.69. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.19. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a 50 day moving average of $19.55 and a 200 day moving average of $19.82.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.05. The company had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm’s revenue for the quarter was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 earnings per share. As a group, research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.01%. Starwood Property Trust’s dividend payout ratio is currently 164.10%.

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.