157,748 Shares in Starwood Property Trust, Inc. $STWD Bought by Jupiter Topco LLC

Jupiter Topco LLC bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 157,748 shares of the real estate investment trust’s stock, valued at approximately $2,586,000.

A number of other large investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co boosted its holdings in shares of Starwood Property Trust by 154.4% in 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 in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Starwood Property Trust in the 4th quarter worth approximately $28,000. Versant Capital Management Inc raised its stake in shares of Starwood Property Trust by 293.2% during the 2nd 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 in the last quarter. North Star Investment Management Corp. raised 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. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Starwood Property Trust by 169.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 2,053 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $15.83 on Thursday. The company has a 50 day moving average price of $16.40 and a 200 day moving average price of $17.13. The firm has a market capitalization of $5.86 billion, a P/E ratio of 26.83, a PEG ratio of 2.05 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 52 week low of $15.48 and a 52 week 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 for the quarter, hitting the consensus estimate of $0.40. The company had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. Starwood Property Trust’s revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. Sell-side analysts expect that Starwood Property Trust, Inc. will post 1.4 EPS for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio is presently 325.42%.

Analyst Ratings Changes

Several equities research analysts have weighed in on STWD shares. Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research note on Monday, August 17th. Keefe, Bruyette & Woods cut their price target on shares of Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a report on Friday, August 7th. JPMorgan Chase & Co. reduced their price target on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th. Wall Street Zen lowered Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.