Starwood Property Trust, Inc. $STWD is Quantum Portfolio Management LLC’s 2nd Largest Position

Quantum Portfolio Management LLC lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 882,760.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 112,176,302 shares of the real estate investment trust’s stock after buying an additional 112,163,596 shares during the period. Starwood Property Trust makes up 20.5% of Quantum Portfolio Management LLC’s portfolio, making the stock its 2nd biggest position. Quantum Portfolio Management LLC owned about 0.30% of Starwood Property Trust worth $1,931,676,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in Starwood Property Trust by 106.1% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 746 shares during the period. CENTRAL TRUST Co boosted its holdings in shares of Starwood Property Trust by 154.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 908 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust in the fourth quarter worth approximately $28,000. FNY Investment Advisers LLC bought a new stake in shares of Starwood Property Trust in the third quarter worth approximately $30,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Starwood Property Trust during the fourth quarter valued at approximately $53,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $16.45 on Thursday. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a 50-day simple moving average of $17.09 and a two-hundred day simple moving average of $17.67. The firm has a market capitalization of $6.10 billion, a PE ratio of 17.14, a P/E/G ratio of 2.19 and a beta of 0.98. Starwood Property Trust, Inc. has a 52-week low of $16.29 and a 52-week high of $21.05.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data 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 company had revenue of $205.55 million during the quarter, compared to the consensus estimate of $496.25 million. During the same period last year, the business earned $0.45 EPS. The firm’s quarterly revenue was up 22.5% compared to the same quarter last year. Analysts forecast that Starwood Property Trust, Inc. will post 1.55 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.92 annualized dividend and a yield of 11.7%. Starwood Property Trust’s payout ratio is currently 200.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on STWD. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Wall Street Zen downgraded shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, July 4th. Zacks Research upgraded shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Finally, UBS Group initiated coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 price target on the stock. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” 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.