Starwood Property Trust, Inc. (STWD) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 41.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 32,800 shares of the real estate investment trust’s stock after selling 23,600 shares during the period. Nisa Investment Advisors LLC’s holdings in Starwood Property Trust were worth $728,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Clough Capital Partners L P raised its stake in shares of Starwood Property Trust by 107.0% in the first quarter. Clough Capital Partners L P now owns 3,651,545 shares of the real estate investment trust’s stock valued at $81,341,000 after buying an additional 1,887,782 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Starwood Property Trust by 8.4% in the first quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock valued at $474,716,000 after buying an additional 1,635,444 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Starwood Property Trust by 5,055.7% in the first 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 buying an additional 1,243,960 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Starwood Property Trust by 22.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,778,303 shares of the real estate investment trust’s stock valued at $107,894,000 after buying an additional 883,587 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Starwood Property Trust during the first quarter valued at about $11,294,000. 74.15% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust, Inc. (STWD) opened at 22.08 on Friday. The company has a market capitalization of $5.73 billion, a price-to-earnings ratio of 12.68 and a beta of 0.54. The firm’s 50-day moving average price is $22.07 and its 200 day moving average price is $22.38. Starwood Property Trust, Inc. has a 12-month low of $21.11 and a 12-month high of $23.46.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.01. The company had revenue of $211.57 million for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm earned $0.50 EPS. On average, equities research analysts expect that Starwood Property Trust, Inc. will post $2.10 EPS for the current fiscal 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 dividend on an annualized basis and a dividend yield of 8.70%. Starwood Property Trust’s payout ratio is 109.09%.

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STWD has been the subject of several recent research reports. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd. BidaskClub upgraded Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Starwood Property Trust currently has a consensus rating of “Hold” and an average price target of $24.33.

About Starwood Property Trust

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

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