Carmel Capital Partners LLC Has $2.15 Million Stock Holdings in Starwood Property Trust, Inc. $STWD

Carmel Capital Partners LLC trimmed its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 34.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 110,909 shares of the real estate investment trust’s stock after selling 58,222 shares during the quarter. Starwood Property Trust comprises about 0.9% of Carmel Capital Partners LLC’s portfolio, making the stock its 22nd biggest holding. Carmel Capital Partners LLC’s holdings in Starwood Property Trust were worth $2,148,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new stake in Starwood Property Trust during the second quarter worth about $25,000. Financial Gravity Companies Inc. bought a new stake in shares of Starwood Property Trust during the 2nd quarter worth approximately $44,000. GAMMA Investing LLC boosted its position in shares of Starwood Property Trust by 14.8% during the 3rd quarter. GAMMA Investing LLC now owns 4,235 shares of the real estate investment trust’s stock worth $82,000 after acquiring an additional 547 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Starwood Property Trust by 4,262.6% in the second quarter. Hantz Financial Services Inc. now owns 4,319 shares of the real estate investment trust’s stock valued at $87,000 after acquiring an additional 4,220 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Starwood Property Trust by 75.5% during the second quarter. Smartleaf Asset Management LLC now owns 4,443 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 1,912 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on STWD. Keefe, Bruyette & Woods reduced their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Wells Fargo & Company decreased their target price on Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.63.

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $18.36 on Friday. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 17.49 and a beta of 1.13. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 2.98. The business’s 50-day moving average price is $18.26 and its 200-day moving average price is $19.12. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.05.

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

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date was Wednesday, December 31st. Starwood Property Trust’s payout ratio 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.