MML Investors Services LLC Has $407,000 Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

MML Investors Services LLC increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,976 shares of the real estate investment trust’s stock after buying an additional 767 shares during the period. MML Investors Services LLC’s holdings in Starwood Property Trust were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STWD. Charles Schwab Investment Management Inc. increased its stake in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after purchasing an additional 116,182 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Starwood Property Trust by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after acquiring an additional 150,576 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after purchasing an additional 279,793 shares during the period. Raymond James & Associates raised its holdings in Starwood Property Trust by 0.6% in the 3rd quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after acquiring an additional 6,616 shares during the period. Finally, Valley Wealth Managers Inc. lifted its position in Starwood Property Trust by 30.3% during the third quarter. Valley Wealth Managers Inc. now owns 1,026,455 shares of the real estate investment trust’s stock worth $20,919,000 after acquiring an additional 238,994 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

STWD has been the topic of several research reports. Keefe, Bruyette & Woods raised Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their target price for the company from $20.50 to $22.50 in a research report on Thursday, September 5th. JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, November 7th. UBS Group raised their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. JMP Securities dropped their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Finally, Wells Fargo & Company upped their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Down 0.6 %

STWD stock opened at $19.28 on Tuesday. The stock has a market capitalization of $6.50 billion, a P/E ratio of 16.48 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a 50-day moving average price of $19.88 and a 200-day moving average price of $19.83. Starwood Property Trust, Inc. has a 12 month low of $18.43 and a 12 month high of $22.29.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the prior year, the firm earned $0.46 EPS. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date of this dividend is Tuesday, December 31st. Starwood Property Trust’s payout ratio is 164.10%.

Starwood Property Trust 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.