Integrated Advisors Network LLC Invests $221,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Integrated Advisors Network LLC purchased a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,156 shares of the real estate investment trust’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of STWD. Norges Bank acquired a new position in shares of Starwood Property Trust during the 4th quarter valued at $63,044,000. Atria Wealth Solutions Inc. raised its holdings in Starwood Property Trust by 31.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after buying an additional 20,840 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Starwood Property Trust during the fourth quarter worth $377,000. Sei Investments Co. raised its holdings in Starwood Property Trust by 154.7% during the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust’s stock worth $3,484,000 after buying an additional 111,654 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC raised its holdings in shares of Starwood Property Trust by 24.7% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 244,381 shares of the real estate investment trust’s stock valued at $4,631,000 after purchasing an additional 48,355 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a report on Monday, May 12th. Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, April 7th. Finally, UBS Group reiterated a “neutral” rating and set a $19.50 target price (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus target price of $21.83.

Starwood Property Trust Price Performance

STWD stock opened at $20.03 on Monday. The firm has a 50 day moving average of $19.30 and a 200-day moving average of $19.49. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The firm has a market capitalization of $6.80 billion, a P/E ratio of 17.12 and a beta of 1.25.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. As a group, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.59%. Starwood Property Trust’s payout ratio is 202.11%.

About Starwood Property Trust

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.