Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 80.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,926 shares of the real estate investment trust’s stock after purchasing an additional 2,647 shares during the quarter. GAMMA Investing LLC’s holdings in Starwood Property Trust were worth $117,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Proficio Capital Partners LLC purchased a new position in Starwood Property Trust in the fourth quarter worth $377,000. US Bancorp DE grew its holdings in Starwood Property Trust by 32.1% in the 4th quarter. US Bancorp DE now owns 99,086 shares of the real estate investment trust’s stock valued at $1,878,000 after buying an additional 24,057 shares during the period. Smartleaf Asset Management LLC grew its holdings in Starwood Property Trust by 83.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 854 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Starwood Property Trust by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,153,097 shares of the real estate investment trust’s stock worth $40,801,000 after purchasing an additional 43,109 shares during the period. Finally, Arizona State Retirement System grew its holdings in shares of Starwood Property Trust by 6.6% during the 4th quarter. Arizona State Retirement System now owns 92,164 shares of the real estate investment trust’s stock worth $1,747,000 after purchasing an additional 5,733 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

STWD has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research report on Monday, May 12th. UBS Group reissued a “neutral” rating and set a $19.50 price target (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods dropped their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Monday, April 7th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $21.83.

Starwood Property Trust Trading Up 0.0%

NYSE:STWD opened at $20.76 on Friday. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 21.85 and a beta of 1.24. The business has a fifty day moving average of $19.88 and a 200-day moving average of $19.52. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74.

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 for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. The firm had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period in the prior year, the business earned $0.59 EPS. Equities analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 30th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Monday, June 30th. Starwood Property Trust’s dividend 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.