1,464 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Purchased by Altshuler Shaham Ltd

Altshuler Shaham Ltd bought a new stake in shares of 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. The firm bought 1,464 shares of the real estate investment trust’s stock, valued at approximately $28,000.

Several other large investors have also modified their holdings of STWD. Frank Rimerman Advisors LLC bought a new position in Starwood Property Trust in the second quarter worth approximately $1,126,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Starwood Property Trust by 3.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 70,896 shares of the real estate investment trust’s stock valued at $1,343,000 after acquiring an additional 2,467 shares during the period. SkyOak Wealth LLC raised its position in shares of Starwood Property Trust by 13.5% in the 2nd quarter. SkyOak Wealth LLC now owns 142,781 shares of the real estate investment trust’s stock worth $2,704,000 after acquiring an additional 17,024 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of Starwood Property Trust by 17.3% during the 2nd quarter. Blair William & Co. IL now owns 311,270 shares of the real estate investment trust’s stock worth $5,895,000 after purchasing an additional 45,979 shares during the last quarter. Finally, Waterloo Capital L.P. boosted its position in Starwood Property Trust by 8.7% during the second quarter. Waterloo Capital L.P. now owns 131,709 shares of the real estate investment trust’s stock valued at $2,495,000 after purchasing an additional 10,528 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 0.7 %

Shares of Starwood Property Trust stock opened at $20.96 on Monday. Starwood Property Trust, Inc. has a 1 year low of $17.07 and a 1 year high of $22.29. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a market cap of $6.62 billion, a PE ratio of 15.08 and a beta of 1.70. The firm has a fifty day moving average price of $20.03 and a 200 day moving average price of $19.75.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.04. The business had revenue of $489.80 million during the quarter, compared to analysts’ expectations of $505.23 million. Starwood Property Trust had a return on equity of 10.03% and a net margin of 17.05%. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 EPS. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.89 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.16%. Starwood Property Trust’s payout ratio is 138.13%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on STWD shares. Wolfe Research began coverage on shares of Starwood Property Trust in a report on Tuesday, June 25th. They issued a “peer perform” rating for the company. BTIG Research restated a “buy” rating and issued a $24.00 target price on shares of Starwood Property Trust in a research note on Friday, July 19th. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $20.50 to $22.50 in a report on Thursday, September 5th. JPMorgan Chase & Co. boosted their target price on Starwood Property Trust from $20.00 to $20.50 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Finally, Wells Fargo & Company increased their price target on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.36.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.