Envestnet Asset Management Inc. Purchases 7,903 Shares of Starwood Property Trust (STWD)

Envestnet Asset Management Inc. boosted its position in Starwood Property Trust (NYSE:STWD) by 14.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,451 shares of the real estate investment trust’s stock after acquiring an additional 7,903 shares during the period. Envestnet Asset Management Inc.’s holdings in Starwood Property Trust were worth $1,311,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in STWD. New York State Common Retirement Fund lifted its holdings in shares of Starwood Property Trust by 1.7% in the third quarter. New York State Common Retirement Fund now owns 563,500 shares of the real estate investment trust’s stock valued at $12,239,000 after purchasing an additional 9,500 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Starwood Property Trust by 8.3% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,098,663 shares of the real estate investment trust’s stock valued at $23,457,000 after purchasing an additional 83,981 shares in the last quarter. Cornerstone Capital Management Holdings LLC. lifted its holdings in shares of Starwood Property Trust by 43.2% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 127,181 shares of the real estate investment trust’s stock valued at $2,762,000 after purchasing an additional 38,374 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Starwood Property Trust by 17.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 40,444 shares of the real estate investment trust’s stock valued at $864,000 after purchasing an additional 5,929 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Starwood Property Trust by 465.2% in the fourth quarter. Assetmark Inc. now owns 5,319 shares of the real estate investment trust’s stock valued at $114,000 after purchasing an additional 4,378 shares in the last quarter. Institutional investors and hedge funds own 70.56% of the company’s stock.

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Shares of STWD opened at $21.05 on Thursday. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.52 and a quick ratio of 2.52. The company has a market cap of $5,481.18, a P/E ratio of 9.75, a price-to-earnings-growth ratio of 2.04 and a beta of 0.31. Starwood Property Trust has a 12 month low of $19.47 and a 12 month high of $23.01.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, February 28th. The real estate investment trust reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.02. The company had revenue of $242.80 million during the quarter, compared to the consensus estimate of $236.60 million. Starwood Property Trust had a return on equity of 12.57% and a net margin of 45.55%. Starwood Property Trust’s revenue was up 31.6% on a year-over-year basis. During the same period last year, the business posted $0.53 earnings per share. equities research analysts predict that Starwood Property Trust will post 2.05 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Friday, March 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.12%. The ex-dividend date is Wednesday, March 28th. Starwood Property Trust’s payout ratio is 88.89%.

A number of research firms have recently weighed in on STWD. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. Wood & Company began coverage on Starwood Property Trust in a report on Tuesday, March 27th. They issued an “outperform” rating on the stock. B. Riley restated a “buy” rating and issued a $24.00 target price on shares of Starwood Property Trust in a report on Thursday, January 25th. Finally, Raymond James Financial began coverage on Starwood Property Trust in a report on Tuesday, March 27th. They issued an “outperform” rating and a $24.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $23.67.

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Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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

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