Columbus Macro LLC Buys 51,921 Shares of Starwood Property Trust, Inc. $STWD

Columbus Macro LLC increased its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 12.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 453,887 shares of the real estate investment trust’s stock after acquiring an additional 51,921 shares during the period. Columbus Macro LLC owned about 0.12% of Starwood Property Trust worth $8,792,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in STWD. Cetera Trust Company N.A raised its stake in shares of Starwood Property Trust by 5.2% during the second quarter. Cetera Trust Company N.A now owns 10,730 shares of the real estate investment trust’s stock worth $215,000 after acquiring an additional 530 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Starwood Property Trust by 14.8% in the 3rd quarter. GAMMA Investing LLC now owns 4,235 shares of the real estate investment trust’s stock valued at $82,000 after acquiring an additional 547 shares during the last quarter. Kestra Investment Management LLC boosted its holdings in Starwood Property Trust by 0.4% during the 1st quarter. Kestra Investment Management LLC now owns 141,171 shares of the real estate investment trust’s stock valued at $2,791,000 after acquiring an additional 550 shares during the period. IFP Advisors Inc grew its position in Starwood Property Trust by 14.3% during the 2nd quarter. IFP Advisors Inc now owns 4,664 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 583 shares during the last quarter. Finally, Crux Wealth Advisors grew its position in Starwood Property Trust by 2.6% during the 2nd quarter. Crux Wealth Advisors now owns 24,987 shares of the real estate investment trust’s stock worth $501,000 after acquiring an additional 643 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on STWD shares. Zacks Research downgraded Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, October 8th. Wells Fargo & Company dropped their price target on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Hold” and an average price target of $20.63.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $18.55 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 2.98. The firm’s fifty day simple moving average is $18.28 and its 200 day simple moving average is $19.38. The stock has a market cap of $6.87 billion, a P/E ratio of 17.66 and a beta of 1.14. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.05.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.04). The company had revenue of $247.87 million during the quarter, compared to the consensus estimate of $479.70 million. Starwood Property Trust had a return on equity of 8.41% and a net margin of 20.28%.The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.48 earnings per share. As a group, research analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.48 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.4%. Starwood Property Trust’s dividend payout ratio (DPR) is 182.86%.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.