Nisa Investment Advisors LLC Sells 38,818 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Nisa Investment Advisors LLC decreased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 27.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,510 shares of the real estate investment trust’s stock after selling 38,818 shares during the period. Nisa Investment Advisors LLC’s holdings in Starwood Property Trust were worth $2,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. UMB Bank n.a. increased its position in Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares during the period. Ameritas Advisory Services LLC increased its holdings in shares of Starwood Property Trust by 6.3% during the fourth quarter. Ameritas Advisory Services LLC now owns 49,171 shares of the real estate investment trust’s stock worth $932,000 after purchasing an additional 2,930 shares during the period. HB Wealth Management LLC acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at approximately $217,000. Brooklyn Investment Group boosted its stake in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares during the period. Finally, Carnegie Investment Counsel grew its position in Starwood Property Trust by 5.1% during the fourth quarter. Carnegie Investment Counsel now owns 20,675 shares of the real estate investment trust’s stock worth $392,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.8 %

Shares of Starwood Property Trust stock opened at $19.19 on Monday. The firm has a market capitalization of $6.47 billion, a PE ratio of 16.40 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’s 50 day moving average is $19.55 and its 200 day moving average is $19.83. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.19.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. During the same period in the prior year, the business earned $0.46 earnings per share. The company’s revenue for the quarter was down 8.1% compared to the same quarter last year. Equities research analysts forecast that Starwood Property Trust, Inc. will post 1.88 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, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 10.01%. The ex-dividend date of this dividend was Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio is currently 164.10%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on STWD shares. JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. JMP Securities reduced their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. UBS Group boosted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average price target of $22.13.

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.