LDR Capital Management LLC Decreases Stake in Starwood Property Trust, Inc. $STWD

LDR Capital Management LLC trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 79.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,667 shares of the real estate investment trust’s stock after selling 100,216 shares during the quarter. Starwood Property Trust accounts for about 0.7% of LDR Capital Management LLC’s investment portfolio, making the stock its 29th biggest position. LDR Capital Management LLC’s holdings in Starwood Property Trust were worth $497,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its stake in shares of Starwood Property Trust by 9.0% during the 2nd quarter. QRG Capital Management Inc. now owns 250,278 shares of the real estate investment trust’s stock valued at $5,023,000 after buying an additional 20,703 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in Starwood Property Trust by 194.7% in the third quarter. Nisa Investment Advisors LLC now owns 207,814 shares of the real estate investment trust’s stock valued at $4,137,000 after acquiring an additional 137,294 shares in the last quarter. Grassi Investment Management boosted its stake in Starwood Property Trust by 168.1% during the 2nd quarter. Grassi Investment Management now owns 95,700 shares of the real estate investment trust’s stock valued at $1,921,000 after acquiring an additional 60,000 shares during the last quarter. Boston Partners grew its holdings in Starwood Property Trust by 124.4% during the 2nd quarter. Boston Partners now owns 1,102,847 shares of the real estate investment trust’s stock worth $22,060,000 after acquiring an additional 611,303 shares in the last quarter. Finally, Advisors Capital Management LLC raised its stake in shares of Starwood Property Trust by 1.9% in the 2nd quarter. Advisors Capital Management LLC now owns 1,382,338 shares of the real estate investment trust’s stock valued at $27,744,000 after purchasing an additional 25,624 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

Shares of STWD opened at $18.33 on Tuesday. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.33 and a quick ratio of 1.33. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.05. The stock has a fifty day moving average price of $18.24 and a 200 day moving average price of $19.15. The company has a market cap of $6.79 billion, a P/E ratio of 17.46 and a beta of 1.13.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.04). Starwood Property Trust had a return on equity of 8.41% and a net margin of 20.28%.The company had revenue of $247.87 million for the quarter, compared to the consensus estimate of $479.70 million. During the same quarter in the previous year, the firm posted $0.48 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, research analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend was Wednesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is presently 182.86%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on STWD shares. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, October 8th. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 12th. Finally, Wells Fargo & Company lowered their target price on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and an average price target of $20.63.

Starwood Property Trust Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.