Natixis Grows Holdings in Starwood Property Trust, Inc. (STWD)

Natixis grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 80.3% during the first quarter, HoldingsChannel reports. The firm owned 46,181 shares of the real estate investment trust’s stock after acquiring an additional 20,565 shares during the period. Natixis’ holdings in Starwood Property Trust were worth $967,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Nuveen Asset Management LLC lifted its stake in Starwood Property Trust by 2.9% in the 1st quarter. Nuveen Asset Management LLC now owns 2,283,002 shares of the real estate investment trust’s stock worth $47,829,000 after purchasing an additional 65,248 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Starwood Property Trust by 86.5% in the 4th quarter. Renaissance Technologies LLC now owns 2,241,784 shares of the real estate investment trust’s stock worth $47,862,000 after purchasing an additional 1,039,900 shares in the last quarter. Northern Trust Corp lifted its stake in Starwood Property Trust by 44.5% in the 1st quarter. Northern Trust Corp now owns 2,047,511 shares of the real estate investment trust’s stock worth $42,895,000 after purchasing an additional 630,903 shares in the last quarter. Two Sigma Advisers LP lifted its stake in Starwood Property Trust by 57.7% in the 4th quarter. Two Sigma Advisers LP now owns 1,938,353 shares of the real estate investment trust’s stock worth $41,384,000 after purchasing an additional 709,300 shares in the last quarter. Finally, Glenhill Advisors LLC lifted its stake in Starwood Property Trust by 4.6% in the 4th quarter. Glenhill Advisors LLC now owns 1,707,366 shares of the real estate investment trust’s stock worth $36,452,000 after purchasing an additional 75,529 shares in the last quarter. 67.75% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have recently commented on STWD shares. Zacks Investment Research raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, March 22nd. Wood & Company started coverage on shares of Starwood Property Trust in a research report on Tuesday, March 27th. They set an “outperform” rating on the stock. Raymond James started coverage on shares of Starwood Property Trust in a research report on Tuesday, March 27th. They set an “outperform” rating and a $24.00 price target on the stock. Finally, ValuEngine lowered shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $24.00.

STWD stock opened at $22.43 on Friday. The company has a market cap of $5.89 billion, a PE ratio of 10.38, a PEG ratio of 2.13 and a beta of 0.34. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.67 and a current ratio of 2.67. Starwood Property Trust, Inc. has a one year low of $19.47 and a one year high of $23.01.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 29th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date of this dividend is Thursday, June 28th. Starwood Property Trust’s payout ratio is 88.89%.

Starwood Property Trust 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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