KCS Wealth Advisory purchased a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 15,287 shares of the real estate investment trust’s stock, valued at approximately $326,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in 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 buying an additional 1,156,034 shares during the period. Fuller & Thaler Asset Management Inc. grew its position in Starwood Property Trust by 1.3% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,210,616 shares of the real estate investment trust’s stock valued at $48,015,000 after acquiring an additional 28,685 shares during the last quarter. Dana Investment Advisors Inc. grew its position in Starwood Property Trust by 2.6% in the 3rd quarter. Dana Investment Advisors Inc. now owns 1,285,462 shares of the real estate investment trust’s stock valued at $27,920,000 after acquiring an additional 32,089 shares during the last quarter. Boston Partners grew its position in Starwood Property Trust by 10.7% in the 3rd quarter. Boston Partners now owns 1,259,369 shares of the real estate investment trust’s stock valued at $27,353,000 after acquiring an additional 121,545 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its position in Starwood Property Trust by 1.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,039,524 shares of the real estate investment trust’s stock valued at $23,275,000 after acquiring an additional 16,174 shares during the last quarter. 67.76% of the stock is currently owned by institutional investors and hedge funds.
Shares of Starwood Property Trust, Inc. (NYSE:STWD) traded down $0.06 during trading on Friday, reaching $20.34. The company had a trading volume of 3,482,137 shares, compared to its average volume of 2,296,031. Starwood Property Trust, Inc. has a 52-week low of $20.25 and a 52-week high of $23.01. The stock has a market capitalization of $5,308.72, a P/E ratio of 12.33, a price-to-earnings-growth ratio of 1.97 and a beta of 0.36. 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 quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate 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 firm had revenue of $226.77 million for the quarter, compared to the consensus estimate of $236.76 million. During the same quarter last year, the business posted $0.59 earnings per share. The firm’s revenue was up 10.8% compared to the same quarter last year. equities analysts predict that Starwood Property Trust, Inc. will post 2.11 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were given a $0.48 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 9.44%. Starwood Property Trust’s dividend payout ratio is currently 116.36%.
STWD has been the topic of a number of recent research reports. BidaskClub raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Wednesday, November 15th. B. Riley reaffirmed a “buy” rating and set a $24.00 target price on shares of Starwood Property Trust in a report on Monday, November 27th. ValuEngine raised Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Compass Point raised Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Starwood Property Trust presently has a consensus rating of “Buy” and an average price target of $24.00.
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Starwood Property Trust Company Profile
Starwood Property Trust, Inc is a real estate investment trust. The Company operates through three business segments: Real estate lending (the Lending Segment), which engages primarily in originating, acquiring, financing and managing commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, and other real estate and real estate-related debt investments; Real estate investing and servicing (the Investing and Servicing Segment), which includes a servicing business in the United States that manages and works out problem assets; an investment business that selectively acquires and manages unrated, investment grade and non-investment grade rated CMBS, and a mortgage loan business, and Real estate property (the Property Segment), which engages primarily in acquiring and managing equity interests in stabilized commercial real estate properties.
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