Natixis Advisors LLC Has $4.76 Million Stock Holdings in Starwood Property Trust, Inc. $STWD

Natixis Advisors LLC decreased its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 264,095 shares of the real estate investment trust’s stock after selling 30,174 shares during the period. Natixis Advisors LLC’s holdings in Starwood Property Trust were worth $4,756,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Starwood Property Trust by 7.1% in the third quarter. Vanguard Group Inc. now owns 32,976,364 shares of the real estate investment trust’s stock valued at $638,752,000 after buying an additional 2,193,085 shares during the period. Geode Capital Management LLC increased its stake in shares of Starwood Property Trust by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust’s stock valued at $115,453,000 after buying an additional 148,740 shares during the period. Northern Trust Corp increased its stake in shares of Starwood Property Trust by 1.2% in the third quarter. Northern Trust Corp now owns 5,387,358 shares of the real estate investment trust’s stock valued at $104,353,000 after buying an additional 64,178 shares during the period. Norges Bank acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at about $75,177,000. Finally, Advisors Capital Management LLC increased its stake in shares of Starwood Property Trust by 157.3% in the fourth quarter. Advisors Capital Management LLC now owns 3,702,935 shares of the real estate investment trust’s stock valued at $66,690,000 after buying an additional 2,263,856 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 1.3%

NYSE STWD opened at $16.84 on Tuesday. The business has a 50 day simple moving average of $17.54 and a 200 day simple moving average of $17.91. Starwood Property Trust, Inc. has a one year low of $16.76 and a one year high of $21.05. The stock has a market capitalization of $6.24 billion, a P/E ratio of 17.54, a P/E/G ratio of 2.41 and a beta of 0.99. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.57 and a quick ratio of 1.57.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The business had revenue of $205.55 million for the quarter, compared to analyst estimates of $496.25 million. During the same period in the prior year, the business earned $0.45 EPS. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. Research analysts expect that Starwood Property Trust, Inc. will post 1.57 earnings per share for the current year.

Starwood Property Trust announced that its Board of Directors has approved a share buyback plan on Thursday, February 26th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the real estate investment trust to buy up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 11.4%. The ex-dividend date of this dividend was Tuesday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is 200.00%.

Insider Buying and Selling

In other Starwood Property Trust news, Director Jeffrey G. Dishner sold 7,013 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total value of $120,132.69. Following the completion of the sale, the director owned 168,152 shares of the company’s stock, valued at approximately $2,880,443.76. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.80% of the company’s stock.

Analysts Set New Price Targets

STWD has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Wells Fargo & Company decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Zacks Research cut Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings cut Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Starwood Property Trust has a consensus rating of “Hold” and an average price target of $19.70.

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.