Cwm LLC Increases Stock Position in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

Cwm LLC grew its position in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 32.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,761 shares of the real estate investment trust’s stock after purchasing an additional 4,390 shares during the period. Cwm LLC’s holdings in STARWOOD PROPERTY TRUST were worth $351,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new stake in STARWOOD PROPERTY TRUST during the first quarter worth about $25,000. PSI Advisors LLC purchased a new stake in STARWOOD PROPERTY TRUST during the first quarter worth about $28,000. Quarry LP purchased a new stake in STARWOOD PROPERTY TRUST during the fourth quarter worth about $31,000. Hurley Capital LLC purchased a new stake in STARWOOD PROPERTY TRUST during the fourth quarter worth about $36,000. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in STARWOOD PROPERTY TRUST during the first quarter worth about $40,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

STARWOOD PROPERTY TRUST Price Performance

Shares of NYSE:STWD opened at $19.92 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73. The firm has a market capitalization of $7.31 billion, a PE ratio of 20.97 and a beta of 1.24. STARWOOD PROPERTY TRUST, INC. has a twelve month low of $16.59 and a twelve month high of $21.17. The company has a 50-day moving average price of $20.15 and a two-hundred day moving average price of $19.63.

STARWOOD PROPERTY TRUST (NYSE:STWD) last issued its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). STARWOOD PROPERTY TRUST had a return on equity of 8.87% and a net margin of 17.26%. The business had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same quarter in the prior year, the business earned $0.59 EPS. Equities analysts forecast that STARWOOD PROPERTY TRUST, INC. will post 1.88 EPS for the current year.

STARWOOD PROPERTY TRUST Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.64%. STARWOOD PROPERTY TRUST’s dividend payout ratio (DPR) is currently 202.11%.

Analysts Set New Price Targets

A number of analysts recently issued reports on STWD shares. JPMorgan Chase & Co. raised their price objective on shares of STARWOOD PROPERTY TRUST from $19.00 to $19.50 and gave the stock an “overweight” rating in a report on Monday, May 12th. UBS Group increased their target price on shares of STARWOOD PROPERTY TRUST from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods increased their target price on shares of STARWOOD PROPERTY TRUST from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, July 10th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, STARWOOD PROPERTY TRUST presently has a consensus rating of “Moderate Buy” and an average target price of $21.70.

STARWOOD PROPERTY TRUST Profile

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.