LDR Capital Management LLC Has $497,000 Position in Starwood Property Trust, Inc. $STWD

LDR Capital Management LLC decreased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 79.6% in the third quarter, Holdings Channel reports. The firm owned 25,667 shares of the real estate investment trust’s stock after selling 100,216 shares during the quarter. Starwood Property Trust comprises about 0.7% of LDR Capital Management LLC’s portfolio, making the stock its 29th biggest holding. LDR Capital Management LLC’s holdings in Starwood Property Trust were worth $497,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. DLD Asset Management LP bought a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $692,415,000. Norges Bank bought a new stake in Starwood Property Trust in the second quarter valued at $71,492,000. Advisors Capital Management LLC grew its position in Starwood Property Trust by 1.9% in the second quarter. Advisors Capital Management LLC now owns 1,382,338 shares of the real estate investment trust’s stock valued at $27,744,000 after acquiring an additional 25,624 shares during the period. Boston Partners raised its stake in Starwood Property Trust by 124.4% during the second quarter. Boston Partners now owns 1,102,847 shares of the real estate investment trust’s stock worth $22,060,000 after acquiring an additional 611,303 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Starwood Property Trust by 6.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,066,145 shares of the real estate investment trust’s stock worth $21,398,000 after purchasing an additional 64,501 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $18.33 on Tuesday. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a 50 day simple moving average of $18.24 and a 200 day simple moving average of $19.15. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.05. The firm has a market cap of $6.79 billion, a P/E ratio of 17.46 and a beta of 1.13.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $479.70 million. During the same quarter in the previous year, the business posted $0.48 earnings per share. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.5%. The ex-dividend date was Wednesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is presently 182.86%.

Analysts Set New Price Targets

STWD has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, October 8th. Wells Fargo & Company cut their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. 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. Finally, Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus price target of $20.63.

About Starwood Property Trust

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.