Martingale Asset Management L P reduced its stake in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 83.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,718 shares of the real estate investment trust’s stock after selling 437,606 shares during the period. Martingale Asset Management L P’s holdings in STARWOOD PROPERTY TRUST, INC. were worth $1,897,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of 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 last quarter. Neuberger Berman Group LLC boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 2.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock worth $170,859,000 after purchasing an additional 215,564 shares during the last quarter. LSV Asset Management boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 4.4% in the 2nd quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock worth $118,586,000 after purchasing an additional 223,100 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of 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 last quarter. Finally, Clough Capital Partners L P boosted its position in shares of 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 last quarter. Institutional investors and hedge funds own 68.58% of the company’s stock.

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STARWOOD PROPERTY TRUST, INC. (STWD) opened at 22.00 on Thursday. The firm’s 50-day moving average price is $22.04 and its 200 day moving average price is $22.26. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 12.64 and a beta of 0.53. STARWOOD PROPERTY TRUST, INC. has a 12-month low of $21.11 and a 12-month high of $23.32.

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 for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.01. The business had revenue of $211.57 million during the quarter, compared to the consensus estimate of $244.13 million. STARWOOD PROPERTY TRUST, INC. had a return on equity of 11.39% and a net margin of 55.89%. During the same period in the prior year, the business posted $0.50 earnings per share. On average, analysts expect that STARWOOD PROPERTY TRUST, INC. will post $2.10 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.73%. STARWOOD PROPERTY TRUST, INC.’s payout ratio is 109.09%.

Several research analysts have recently issued reports on the company. ValuEngine lowered STARWOOD PROPERTY TRUST, INC. from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Zacks Investment Research upgraded STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, BidaskClub lowered STARWOOD PROPERTY TRUST, INC. from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. 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 company. STARWOOD PROPERTY TRUST, INC. currently has a consensus rating of “Hold” and a consensus price target of $24.33.

STARWOOD PROPERTY TRUST, INC. Company Profile

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

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