Starwood Property Trust, Inc. (STWD) Holdings Lifted by Stevens Capital Management LP

Stevens Capital Management LP grew its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 46.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 82,358 shares of the real estate investment trust’s stock after acquiring an additional 25,996 shares during the quarter. Stevens Capital Management LP’s holdings in Starwood Property Trust were worth $1,789,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Starwood Property Trust by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock valued at $496,604,000 after acquiring an additional 1,156,034 shares during the last quarter. Neuberger Berman Group LLC lifted its position in Starwood Property Trust by 2.9% in the second quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock worth $170,859,000 after buying an additional 215,564 shares during the last quarter. LSV Asset Management lifted its position in Starwood Property Trust by 4.4% in the second quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock worth $118,586,000 after buying an additional 223,100 shares during the last quarter. Dana Investment Advisors Inc. lifted its position in Starwood Property Trust by 12.3% in the second quarter. Dana Investment Advisors Inc. now owns 1,253,373 shares of the real estate investment trust’s stock worth $28,063,000 after buying an additional 136,958 shares during the last quarter. Finally, Boston Partners lifted its position in Starwood Property Trust by 1.9% in the second quarter. Boston Partners now owns 1,137,824 shares of the real estate investment trust’s stock worth $25,476,000 after buying an additional 21,314 shares during the last quarter. Hedge funds and other institutional investors own 68.04% of the company’s stock.

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

A number of brokerages recently issued reports on STWD. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, ValuEngine downgraded Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $24.00.

Shares of Starwood Property Trust, Inc. (STWD) opened at $21.53 on Monday. The stock has a market capitalization of $5,619.30, a price-to-earnings ratio of 10.25, a P/E/G ratio of 2.16 and a beta of 0.52. Starwood Property Trust, Inc. has a 52-week low of $21.11 and a 52-week high of $23.01. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The business had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. During the same quarter last year, the firm posted $0.59 earnings per share. The business’s revenue was up 10.8% compared to the same quarter last year. analysts anticipate that Starwood Property Trust, Inc. will post 1.99 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.92%. Starwood Property Trust’s payout ratio is 116.36%.

About Starwood Property Trust

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

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