Oppenheimer & Co. Inc. bought a new position in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 20,810 shares of the real estate investment trust’s stock, valued at approximately $466,000.

A number of other large investors have also modified their holdings of the business. Clough Capital Partners L P boosted its stake in STARWOOD PROPERTY TRUST, INC. by 107.0% in the 1st quarter. Clough Capital Partners L P now owns 3,651,545 shares of the real estate investment trust’s stock worth $81,341,000 after purchasing an additional 1,887,782 shares during the period. Vanguard Group Inc. boosted its stake in STARWOOD PROPERTY TRUST, INC. by 8.4% in the 1st quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock worth $474,716,000 after purchasing an additional 1,635,444 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in STARWOOD PROPERTY TRUST, INC. by 22.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,778,303 shares of the real estate investment trust’s stock worth $107,894,000 after purchasing an additional 883,587 shares during the period. Renaissance Technologies LLC bought a new position in STARWOOD PROPERTY TRUST, INC. in the 1st quarter worth approximately $11,294,000. Finally, Bank of Montreal Can boosted its stake in STARWOOD PROPERTY TRUST, INC. by 1,026.9% in the 2nd quarter. Bank of Montreal Can now owns 510,500 shares of the real estate investment trust’s stock worth $11,430,000 after purchasing an additional 465,198 shares during the period. 68.59% of the stock is owned by institutional investors and hedge funds.

Shares of STARWOOD PROPERTY TRUST, INC. (STWD) opened at 21.87 on Friday. STARWOOD PROPERTY TRUST, INC. has a 1-year low of $21.11 and a 1-year high of $23.32. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 12.56 and a beta of 0.53. The firm has a 50-day moving average price of $22.04 and a 200-day moving average price of $22.28.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. STARWOOD PROPERTY TRUST, INC. had a return on equity of 11.39% and a net margin of 55.89%. The firm had revenue of $211.57 million for the quarter, compared to the consensus estimate of $244.13 million. During the same quarter in the previous year, the business earned $0.50 EPS. Equities analysts forecast that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.92 annualized dividend and a dividend yield of 8.78%. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio is currently 109.09%.

ILLEGAL ACTIVITY NOTICE: This report was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was stolen and republished in violation of United States & international copyright & trademark law. The original version of this report can be viewed at https://www.dailypolitical.com/2017/09/16/oppenheimer-co-inc-takes-position-in-starwood-property-trust-inc-stwd.html.

Several research analysts have weighed in on STWD shares. Zacks Investment Research upgraded STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. BidaskClub downgraded STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, ValuEngine downgraded STARWOOD PROPERTY TRUST, INC. from a “buy” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $24.33.

STARWOOD PROPERTY TRUST, INC. Profile

Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

Receive News & Ratings for STARWOOD PROPERTY TRUST INC. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STARWOOD PROPERTY TRUST INC. and related companies with MarketBeat.com's FREE daily email newsletter.