KCS Wealth Advisory Buys New Stake in Starwood Property Trust, Inc. (STWD)

KCS Wealth Advisory purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,287 shares of the real estate investment trust’s stock, valued at approximately $326,000.

A number of other large investors have also recently added to or reduced their stakes in the business. KAMES CAPITAL plc boosted its position in Starwood Property Trust by 73.9% in the fourth quarter. KAMES CAPITAL plc now owns 492,540 shares of the real estate investment trust’s stock valued at $10,521,000 after buying an additional 209,265 shares in the last quarter. Berson & Corrado Investment Advisors LLC boosted its position in Starwood Property Trust by 4.4% in the fourth quarter. Berson & Corrado Investment Advisors LLC now owns 378,597 shares of the real estate investment trust’s stock valued at $8,083,000 after buying an additional 15,965 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. boosted its position in Starwood Property Trust by 19.0% in the fourth quarter. Leith Wheeler Investment Counsel Ltd. now owns 138,323 shares of the real estate investment trust’s stock valued at $2,953,000 after buying an additional 22,080 shares in the last quarter. Atlantic Trust Group LLC acquired a new position in Starwood Property Trust in the third quarter valued at about $2,093,000. Finally, Parametric Portfolio Associates LLC boosted its position in Starwood Property Trust by 6.5% in the third quarter. Parametric Portfolio Associates LLC now owns 687,519 shares of the real estate investment trust’s stock valued at $14,933,000 after buying an additional 42,076 shares in the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

A number of equities analysts have commented on the stock. Zacks Investment Research lowered shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday. B. Riley reiterated a “buy” rating and set a $24.00 target price on shares of Starwood Property Trust in a research report on Tuesday, November 21st. BidaskClub upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. ValuEngine upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Compass Point upgraded shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $24.00.

Starwood Property Trust, Inc. (NYSE STWD) opened at $20.94 on Friday. Starwood Property Trust, Inc. has a 12-month low of $20.78 and a 12-month high of $23.01. The stock has a market cap of $5,507.07, a P/E ratio of 12.69, a PEG ratio of 2.04 and a beta of 0.51. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ 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 company had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. During the same period in the prior year, the business earned $0.59 earnings per share. Starwood Property Trust’s quarterly revenue was up 10.8% on a year-over-year basis. research analysts anticipate that Starwood Property Trust, Inc. will post 2.12 EPS for the current fiscal year.

The business also recently announced 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 is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.17%. Starwood Property Trust’s payout ratio is 116.36%.

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Starwood Property Trust Company Profile

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

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