Centaurus Financial Inc. Acquires New Holdings in Starwood Property Trust, Inc. $STWD

Centaurus Financial Inc. bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 2nd quarter, Holdings Channel.com reports. The fund bought 284,468 shares of the real estate investment trust’s stock, valued at approximately $4,660,000.

Other hedge funds also recently bought and sold shares of the company. CENTRAL TRUST Co boosted its position in shares of 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 worth $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 $28,000. Versant Capital Management Inc raised its stake in Starwood Property Trust by 293.2% during 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 during the period. North Star Investment Management Corp. raised its stake in Starwood Property Trust by 1,605.0% during 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 during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Starwood Property Trust by 169.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 2,053 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on STWD. Wells Fargo & Company set a $20.00 target price on Starwood Property Trust in a research note on Monday, August 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starwood Property Trust in a research report on Friday, August 7th. Wall Street Zen cut Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. 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 on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating for the company in a research report on Tuesday, August 18th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $19.20.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $15.93 on Friday. The firm has a market cap of $5.89 billion, a PE ratio of 26.99, a PEG ratio of 2.10 and a beta of 0.98. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust, Inc. has a 1-year low of $15.51 and a 1-year high of $20.84. The company has a fifty day moving average price of $16.47 and a 200 day moving average price of $17.20.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The firm had revenue of $201.42 million during the quarter, compared to analysts’ expectations of $521.67 million. During the same quarter in the prior year, the company earned $0.43 EPS. The company’s revenue was up 15.6% on a year-over-year basis. Research analysts predict that Starwood Property Trust, Inc. will post 1.4 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 Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 12.1%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 325.42%.

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.