Focused Wealth Management Inc Takes $2.50 Million Position in Starwood Property Trust, Inc. $STWD

Focused Wealth Management Inc bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 152,624 shares of the real estate investment trust’s stock, valued at approximately $2,500,000.

Other hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co boosted its holdings in Starwood Property Trust by 154.4% during the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 908 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust in the 4th quarter valued at approximately $28,000. Versant Capital Management Inc raised its holdings in shares of Starwood Property Trust by 293.2% in the 2nd quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 1,457 shares in the last quarter. North Star Investment Management Corp. raised its holdings in shares of Starwood Property Trust by 1,605.0% in the 1st quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 3,210 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Starwood Property Trust by 169.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock worth $59,000 after buying an additional 2,053 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 0.2%

Shares of NYSE STWD opened at $16.27 on Tuesday. Starwood Property Trust, Inc. has a 12-month low of $15.51 and a 12-month high of $20.84. The firm’s 50-day simple moving average is $16.58 and its 200 day simple moving average is $17.30. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. The company has a market cap of $6.02 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The firm had revenue of $201.42 million during the quarter, compared to analysts’ expectations of $521.67 million. During the same quarter last year, the company posted $0.43 EPS. The company’s quarterly revenue was up 15.6% compared to the same quarter last year. On average, research analysts expect that Starwood Property Trust, Inc. will post 1.51 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio is 325.42%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on STWD. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a research report on Friday, August 7th. UBS Group began coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. 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. Weiss Ratings restated a “hold (c-)” rating on shares of Starwood Property Trust in a research note on Friday, August 7th. Finally, Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research report on Monday. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.30.

Starwood Property Trust 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.