Starwood Property Trust, Inc. (NYSE:STWD) Holdings Lifted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWDGet Rating) by 3.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 184,673 shares of the real estate investment trust’s stock after buying an additional 5,978 shares during the period. Commonwealth Equity Services LLC’s holdings in Starwood Property Trust were worth $4,463,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Ellevest Inc. boosted its stake in Starwood Property Trust by 1,076.1% during the first quarter. Ellevest Inc. now owns 1,082 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 990 shares in the last quarter. Covestor Ltd bought a new position in Starwood Property Trust during the fourth quarter valued at about $42,000. Bessemer Group Inc. bought a new position in Starwood Property Trust during the fourth quarter valued at about $49,000. UMB Bank N A MO bought a new position in Starwood Property Trust during the fourth quarter valued at about $51,000. Finally, First Personal Financial Services bought a new position in Starwood Property Trust during the first quarter valued at about $51,000. Institutional investors own 46.13% of the company’s stock.

Starwood Property Trust Trading Up 0.6 %

NYSE:STWD opened at $23.58 on Friday. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 2.66. Starwood Property Trust, Inc. has a 1-year low of $19.69 and a 1-year high of $26.35. The firm has a market capitalization of $7.24 billion, a price-to-earnings ratio of 10.87 and a beta of 1.46. The stock has a fifty day simple moving average of $22.19 and a 200 day simple moving average of $23.24.

Starwood Property Trust (NYSE:STWDGet Rating) last released its quarterly earnings results on Wednesday, May 4th. The real estate investment trust reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.26. Starwood Property Trust had a return on equity of 14.86% and a net margin of 56.16%. The business had revenue of $293.99 million during the quarter, compared to analyst estimates of $298.30 million. During the same quarter last year, the company posted $0.47 EPS. Starwood Property Trust’s revenue for the quarter was up 2.4% on a year-over-year basis. Sell-side analysts forecast that Starwood Property Trust, Inc. will post 2.18 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were given a $0.48 dividend. The ex-dividend date was Wednesday, June 29th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.14%. Starwood Property Trust’s dividend payout ratio (DPR) is 88.48%.

Analyst Ratings Changes

Separately, Credit Suisse Group decreased their target price on Starwood Property Trust to $25.50 in a research note on Friday, July 22nd.

About Starwood Property Trust

(Get Rating)

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States, Europe, and Australia. It operates through four segments: 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, including distressed or non-performing loans.

See Also

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

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