Starwood Property Trust (STWD) Stake Lowered by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC lessened its position in Starwood Property Trust (NYSE:STWD) by 1.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 836,044 shares of the real estate investment trust’s stock after selling 9,500 shares during the quarter. Starwood Property Trust makes up 0.9% of Alpine Woods Capital Investors LLC’s investment portfolio, making the stock its 17th largest holding. Alpine Woods Capital Investors LLC owned approximately 0.32% of Starwood Property Trust worth $17,515,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Schwab Charles Investment Management Inc. raised its holdings in shares of Starwood Property Trust by 8.3% in the 4th 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 buying an additional 83,981 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Starwood Property Trust by 17.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 40,444 shares of the real estate investment trust’s stock valued at $864,000 after buying an additional 5,929 shares during the period. Assetmark Inc. raised its holdings in shares of Starwood Property Trust by 465.2% in the 4th quarter. Assetmark Inc. now owns 5,319 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 4,378 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of Starwood Property Trust in the 4th quarter valued at $419,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of Starwood Property Trust in the 4th quarter valued at $845,000. Hedge funds and other institutional investors own 69.26% of the company’s stock.

Shares of Starwood Property Trust opened at $21.45 on Friday, according to MarketBeat. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 1.68. Starwood Property Trust has a 1-year low of $21.46 and a 1-year high of $21.56. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of 9.93, a P/E/G ratio of 2.04 and a beta of 0.31.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Friday, May 4th. The real estate investment trust reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.05. Starwood Property Trust had a return on equity of 13.05% and a net margin of 42.30%. The company had revenue of $260.59 million for the quarter, compared to the consensus estimate of $252.10 million. During the same quarter in the prior year, the business earned $0.51 EPS. Starwood Property Trust’s revenue was up 31.1% on a year-over-year basis. research analysts expect that Starwood Property Trust will post 2.11 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 29th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $1.92 annualized dividend and a yield of 8.95%. Starwood Property Trust’s dividend payout ratio (DPR) is 88.89%.

Several equities research analysts recently issued reports on STWD shares. Raymond James started coverage on Starwood Property Trust in a report on Tuesday, March 27th. They issued an “outperform” rating and a $24.00 price objective on the stock. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. B. Riley reiterated a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a report on Thursday, January 25th. Wood & Company started coverage on Starwood Property Trust in a report on Tuesday, March 27th. They issued an “outperform” rating on the stock. Finally, ValuEngine downgraded Starwood Property Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Starwood Property Trust has a consensus rating of “Buy” and an average price target of $24.00.

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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