Starwood Property Trust, Inc. (NYSE:STWD) Position Held by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can continued to hold its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,285 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Great West Life Assurance Co. Can’s holdings in Starwood Property Trust were worth $654,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in STWD. ProShare Advisors LLC grew its holdings in shares of Starwood Property Trust by 40.6% during the 1st quarter. ProShare Advisors LLC now owns 95,858 shares of the real estate investment trust’s stock valued at $1,608,000 after acquiring an additional 27,662 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Starwood Property Trust during the 1st quarter valued at $203,000. Eqis Capital Management Inc. purchased a new position in shares of Starwood Property Trust during the 1st quarter valued at $239,000. First Trust Advisors LP grew its holdings in shares of Starwood Property Trust by 214.7% during the 1st quarter. First Trust Advisors LP now owns 614,094 shares of the real estate investment trust’s stock valued at $13,866,000 after acquiring an additional 418,954 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Starwood Property Trust by 5,055.7% during the 1st quarter. American Century Companies Inc. now owns 1,268,565 shares of the real estate investment trust’s stock valued at $28,644,000 after acquiring an additional 1,243,960 shares in the last quarter. 68.58% of the stock is currently owned by institutional investors.

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Shares of Starwood Property Trust, Inc. (STWD) opened at 21.96 on Friday. Starwood Property Trust, Inc. has a one year low of $21.11 and a one year high of $23.32. The company has a 50-day moving average of $22.04 and a 200-day moving average of $22.26. The company has a market capitalization of $5.70 billion, a PE ratio of 12.61 and a beta of 0.53.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. The company had revenue of $211.57 million during the quarter, compared to the consensus estimate of $244.13 million. Starwood Property Trust had a net margin of 55.89% and a return on equity of 11.39%. During the same quarter in the prior year, the company posted $0.50 earnings per share. On average, analysts anticipate that Starwood Property Trust, Inc. will post $2.10 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be issued a $0.48 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.92 annualized dividend and a dividend yield of 8.74%. Starwood Property Trust’s dividend payout ratio is currently 109.09%.

In related news, CFO Rina Paniry sold 6,867 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the transaction, the chief financial officer now owns 100,026 shares in the company, valued at $2,196,570.96. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at approximately $2,375,180.52. The disclosure for this sale can be found here. Corporate insiders own 2.40% of the company’s stock.

STWD has been the subject of a number of recent research reports. BidaskClub cut shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Wednesday, September 13th. ValuEngine cut shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $24.33.

Starwood Property Trust Company Profile

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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