Starwood Property Trust, Inc. $STWD Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,213,296 shares of the real estate investment trust’s stock after selling 31,287 shares during the quarter. Starwood Property Trust comprises approximately 1.1% of Leeward Investments LLC MA’s holdings, making the stock its 23rd largest holding. Leeward Investments LLC MA’s holdings in Starwood Property Trust were worth $21,851,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. World Investment Advisors purchased a new stake in shares of Starwood Property Trust during the 4th quarter worth about $505,000. Swiss Life Asset Management Ltd grew its holdings in shares of Starwood Property Trust by 8.7% during the 4th quarter. Swiss Life Asset Management Ltd now owns 15,930 shares of the real estate investment trust’s stock worth $287,000 after purchasing an additional 1,277 shares during the period. Aubrey Capital Management Ltd grew its holdings in shares of Starwood Property Trust by 12.6% during the 4th quarter. Aubrey Capital Management Ltd now owns 53,600 shares of the real estate investment trust’s stock worth $994,000 after purchasing an additional 6,000 shares during the period. NewEdge Wealth LLC purchased a new stake in shares of Starwood Property Trust during the 4th quarter worth about $829,000. Finally, Grange Capital LLC grew its holdings in shares of Starwood Property Trust by 6.1% during the 4th quarter. Grange Capital LLC now owns 256,867 shares of the real estate investment trust’s stock worth $4,626,000 after purchasing an additional 14,870 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Insiders Place Their Bets

In other Starwood Property Trust news, Director Jeffrey G. Dishner sold 7,013 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total value of $120,132.69. Following the completion of the transaction, the director owned 168,152 shares in the company, valued at $2,880,443.76. This represents a 4.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

STWD has been the subject of a number of research reports. Bank of America reiterated a “neutral” rating and set a $19.00 target price on shares of Starwood Property Trust in a report on Friday, March 6th. Weiss Ratings cut Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a report on Wednesday. Wells Fargo & Company decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Finally, JPMorgan Chase & Co. decreased their target price on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Starwood Property Trust currently has a consensus rating of “Hold” and a consensus price target of $19.70.

Starwood Property Trust Stock Up 0.3%

NYSE STWD opened at $17.17 on Friday. The stock has a market cap of $6.36 billion, a PE ratio of 17.88, a P/E/G ratio of 2.23 and a beta of 1.02. Starwood Property Trust, Inc. has a fifty-two week low of $16.90 and a fifty-two week high of $21.05. The business has a 50 day moving average price of $17.73 and a two-hundred day moving average price of $18.03. The company has a quick ratio of 1.68, a current ratio of 1.57 and a debt-to-equity ratio of 3.31.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The company had revenue of $205.55 million during the quarter, compared to analysts’ expectations of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The firm’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.45 EPS. As a group, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.69 EPS for the current fiscal year.

Starwood Property Trust declared that its Board of Directors has initiated a share buyback plan on Thursday, February 26th that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 6.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 11.2%. The ex-dividend date was Tuesday, March 31st. Starwood Property Trust’s dividend payout ratio is currently 200.00%.

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.