Scotia Capital Inc. lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,896 shares of the real estate investment trust’s stock after buying an additional 1,140 shares during the quarter. Scotia Capital Inc.’s holdings in Starwood Property Trust were worth $781,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Starwood Property Trust by 1.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 87 shares in the last quarter. CWA Asset Management Group LLC lifted its stake in shares of Starwood Property Trust by 2.5% during the 2nd quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 250 shares in the last quarter. S. R. Schill & Associates lifted its stake in shares of Starwood Property Trust by 0.6% during the 2nd quarter. S. R. Schill & Associates now owns 52,265 shares of the real estate investment trust’s stock valued at $1,170,000 after buying an additional 286 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Starwood Property Trust by 5.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 438 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its stake in shares of Starwood Property Trust by 10.0% during the 2nd quarter. Penserra Capital Management LLC now owns 6,453 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 586 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.

In other Starwood Property Trust news, COO Andrew Jay Sossen sold 11,270 shares of Starwood Property Trust stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of Starwood Property Trust stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total transaction of $150,799.32. Following the transaction, the chief financial officer now directly owns 100,026 shares in the company, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

A number of brokerages recently commented on STWD. ValuEngine cut shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Finally, BidaskClub cut shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. Starwood Property Trust currently has a consensus rating of “Hold” and an average price target of $24.00.

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Shares of Starwood Property Trust, Inc. (STWD) opened at 21.69 on Friday. The firm has a 50-day moving average of $21.91 and a 200 day moving average of $22.17. The stock has a market capitalization of $5.63 billion, a PE ratio of 12.46 and a beta of 0.53. Starwood Property Trust, Inc. has a 1-year low of $21.11 and a 1-year high of $23.01.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. Starwood Property Trust had a net margin of 55.89% and a return on equity of 11.39%. The business 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 firm earned $0.50 earnings per share. Analysts predict that Starwood Property Trust, Inc. will post $2.10 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.85%. The ex-dividend date of this dividend was Thursday, September 28th. Starwood Property Trust’s dividend payout ratio is currently 109.09%.

Starwood Property Trust Profile

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

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