Starwood Property Trust, Inc. (STWD) Stake Reduced by CAPROCK Group Inc.

CAPROCK Group Inc. cut its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 4.7% during the first quarter, Holdings Channel reports. The institutional investor owned 46,661 shares of the real estate investment trust’s stock after selling 2,304 shares during the period. CAPROCK Group Inc.’s holdings in Starwood Property Trust were worth $1,054,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of Starwood Property Trust during the fourth quarter valued at $49,637,000. Marshall Wace LLP acquired a new stake in shares of Starwood Property Trust during the fourth quarter valued at $45,376,000. Alyeska Investment Group L.P. increased its stake in shares of Starwood Property Trust by 277.3% in the fourth quarter. Alyeska Investment Group L.P. now owns 2,035,270 shares of the real estate investment trust’s stock valued at $44,674,000 after buying an additional 1,495,827 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of Starwood Property Trust by 409.7% in the fourth quarter. Two Sigma Investments LP now owns 1,141,063 shares of the real estate investment trust’s stock valued at $25,046,000 after buying an additional 917,199 shares in the last quarter. Finally, Clough Capital Partners L P increased its stake in shares of Starwood Property Trust by 34.7% in the fourth quarter. Clough Capital Partners L P now owns 1,763,763 shares of the real estate investment trust’s stock valued at $38,715,000 after buying an additional 454,563 shares in the last quarter. 65.93% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

Shares of Starwood Property Trust, Inc. (NYSE:STWD) traded down 0.26% during midday trading on Friday, reaching $22.63. The company’s stock had a trading volume of 1,622,467 shares. The company has a market cap of $5.87 billion, a P/E ratio of 15.09 and a beta of 0.62. The stock’s 50-day moving average price is $22.63 and its 200-day moving average price is $22.35. Starwood Property Trust, Inc. has a 12-month low of $18.85 and a 12-month high of $23.46.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Thursday, February 23rd. The real estate investment trust reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business earned $184.50 million during the quarter, compared to analysts’ expectations of $219.15 million. Starwood Property Trust had a return on equity of 11.76% and a net margin of 40.71%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same period last year, the firm earned $0.55 EPS. On average, analysts expect that Starwood Property Trust, Inc. will post $2.10 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 31st were issued a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, March 29th. This represents a $1.92 annualized dividend and a dividend yield of 8.48%. Starwood Property Trust’s dividend payout ratio is currently 135.21%.

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Separately, Zacks Investment Research downgraded Starwood Property Trust from a “buy” rating to a “sell” rating in a report on Wednesday, February 8th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Starwood Property Trust has a consensus rating of “Buy” and an average price target of $24.22.

Starwood Property Trust Company Profile

5 Day Chart for NYSE:STWD

Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD).

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