STARWOOD PROPERTY TRUST, INC. (STWD) Position Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 32.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 663,284 shares of the real estate investment trust’s stock after acquiring an additional 163,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.25% of STARWOOD PROPERTY TRUST, INC. worth $14,851,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in STARWOOD PROPERTY TRUST, INC. by 5.5% during the second quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock valued at $496,604,000 after buying an additional 1,156,034 shares in the last quarter. Neuberger Berman Group LLC raised its stake in STARWOOD PROPERTY TRUST, INC. by 2.9% during the second quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock valued at $170,859,000 after buying an additional 215,564 shares in the last quarter. LSV Asset Management raised its stake in STARWOOD PROPERTY TRUST, INC. by 4.4% during the second quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock valued at $118,586,000 after buying an additional 223,100 shares in the last quarter. Clough Capital Partners L P raised its stake in STARWOOD PROPERTY TRUST, INC. by 107.0% during the first quarter. Clough Capital Partners L P now owns 3,651,545 shares of the real estate investment trust’s stock valued at $81,341,000 after buying an additional 1,887,782 shares in the last quarter. Finally, Boston Partners raised its stake in STARWOOD PROPERTY TRUST, INC. by 1.9% during the second quarter. Boston Partners now owns 1,137,824 shares of the real estate investment trust’s stock valued at $25,476,000 after buying an additional 21,314 shares in the last quarter. Institutional investors and hedge funds own 68.57% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/17/starwood-property-trust-inc-stwd-position-lifted-by-renaissance-technologies-llc.html.

Shares of STARWOOD PROPERTY TRUST, INC. (NYSE STWD) opened at 21.66 on Tuesday. The firm’s 50-day moving average price is $21.91 and its 200 day moving average price is $22.17. The firm has a market cap of $5.62 billion, a PE ratio of 12.44 and a beta of 0.53. STARWOOD PROPERTY TRUST, INC. has a 52 week low of $21.11 and a 52 week high of $23.01.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The firm had revenue of $211.57 million during the quarter, compared to analysts’ expectations of $244.13 million. STARWOOD PROPERTY TRUST, INC. had a net margin of 55.89% and a return on equity of 11.39%. During the same quarter last year, the company earned $0.50 earnings per share. Equities analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date of this dividend was Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio is 109.09%.

In other STARWOOD PROPERTY TRUST, INC. news, COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the transaction, the chief operating officer now owns 108,258 shares in the company, valued at $2,375,180.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the sale, the chief financial officer now directly owns 100,026 shares of the company’s stock, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.

STWD has been the topic of several research reports. BidaskClub upgraded STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. TRADEMARK VIOLATION NOTICE: This article was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://ledgergazette.com/2017/10/17/starwood-property-trust-inc-stwd-position-lifted-by-renaissance-technologies-llc.html.

Shares of STARWOOD PROPERTY TRUST, INC. (NYSE STWD) opened at 21.66 on Tuesday. The firm’s 50-day moving average price is $21.91 and its 200 day moving average price is $22.17. The firm has a market cap of $5.62 billion, a PE ratio of 12.44 and a beta of 0.53. STARWOOD PROPERTY TRUST, INC. has a 52 week low of $21.11 and a 52 week high of $23.01.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last announced its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The firm had revenue of $211.57 million during the quarter, compared to analysts’ expectations of $244.13 million. STARWOOD PROPERTY TRUST, INC. had a net margin of 55.89% and a return on equity of 11.39%. During the same quarter last year, the company earned $0.50 earnings per share. Equities analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date of this dividend was Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio is 109.09%.

In other STARWOOD PROPERTY TRUST, INC. news, COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the transaction, the chief operating officer now owns 108,258 shares in the company, valued at $2,375,180.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the sale, the chief financial officer now directly owns 100,026 shares of the company’s stock, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.

STWD has been the topic of several research reports. BidaskClub upgraded STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research cut STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, ValuEngine cut STARWOOD PROPERTY TRUST, INC. from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $24.00.

STARWOOD PROPERTY TRUST, INC. Profile

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Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

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