Barings LLC Purchases New Holdings in Starwood Property Trust, Inc. (STWD)

Barings LLC purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 27,790 shares of the real estate investment trust’s stock, valued at approximately $604,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Swiss National Bank grew its stake in shares of Starwood Property Trust by 2.0% during the second quarter. Swiss National Bank now owns 431,965 shares of the real estate investment trust’s stock valued at $9,672,000 after acquiring an additional 8,300 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of Starwood Property Trust by 1.8% during the second quarter. State Board of Administration of Florida Retirement System now owns 269,236 shares of the real estate investment trust’s stock valued at $6,028,000 after acquiring an additional 4,850 shares in the last quarter. Scott & Selber Inc. grew its stake in shares of Starwood Property Trust by 1.4% during the second quarter. Scott & Selber Inc. now owns 90,322 shares of the real estate investment trust’s stock valued at $2,022,000 after acquiring an additional 1,213 shares in the last quarter. Cipher Capital LP acquired a new stake in shares of Starwood Property Trust during the second quarter valued at about $2,789,000. Finally, Leith Wheeler Investment Counsel Ltd. grew its stake in shares of Starwood Property Trust by 30.8% during the third quarter. Leith Wheeler Investment Counsel Ltd. now owns 116,243 shares of the real estate investment trust’s stock valued at $2,595,000 after acquiring an additional 27,390 shares in the last quarter. Hedge funds and other institutional investors own 67.53% of the company’s stock.

Shares of Starwood Property Trust, Inc. (STWD) traded up $0.11 during mid-day trading on Tuesday, hitting $21.76. 1,455,200 shares of the stock traded hands, compared to its average volume of 1,772,643. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.68. Starwood Property Trust, Inc. has a twelve month low of $21.27 and a twelve month high of $23.01. The company has a market capitalization of $5,650.62, a PE ratio of 10.31, a price-to-earnings-growth ratio of 2.04 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 EPS for the quarter, topping the consensus estimate of $0.54 by $0.11. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. The business had revenue of $226.77 million for the quarter, compared to analysts’ expectations of $236.76 million. During the same quarter last year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. equities research analysts expect that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 annualized dividend and a dividend yield of 8.82%. Starwood Property Trust’s payout ratio is 116.36%.

In other Starwood Property Trust 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 value of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the transaction, the chief financial officer now directly 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.

Several equities analysts have recently commented on the stock. ValuEngine cut shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. B. Riley reaffirmed a “buy” rating and set a $24.00 price target on shares of Starwood Property Trust in a research report on Monday, November 27th. Zacks Investment Research raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, BidaskClub raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $24.00.

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Starwood Property Trust Company Profile

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

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