William John Sempolinski Purchases New Shares in Starwood Property Trust, Inc. $STWD

William John Sempolinski bought a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 37,677 shares of the real estate investment trust’s stock, valued at approximately $617,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STWD. Concurrent Investment Advisors LLC grew its holdings in shares of Starwood Property Trust by 15.8% during the second quarter. Concurrent Investment Advisors LLC now owns 275,305 shares of the real estate investment trust’s stock valued at $4,509,000 after buying an additional 37,647 shares in the last quarter. NEOS Investment Management LLC raised its holdings in Starwood Property Trust by 16.4% during the second quarter. NEOS Investment Management LLC now owns 70,915 shares of the real estate investment trust’s stock valued at $1,162,000 after buying an additional 10,004 shares in the last quarter. Nykredit A S acquired a new stake in Starwood Property Trust in the 2nd quarter worth approximately $450,000. InTrack Investment Management Inc lifted its holdings in Starwood Property Trust by 26.0% in the 2nd quarter. InTrack Investment Management Inc now owns 48,889 shares of the real estate investment trust’s stock worth $801,000 after purchasing an additional 10,090 shares during the last quarter. Finally, Van ECK Associates Corp boosted its position in Starwood Property Trust by 12.2% during the second quarter. Van ECK Associates Corp now owns 1,598,413 shares of the real estate investment trust’s stock worth $26,182,000 after purchasing an additional 174,156 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 1.5%

Shares of Starwood Property Trust stock opened at $16.12 on Friday. The company’s fifty day simple moving average is $16.37 and its 200-day simple moving average is $17.11. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 27.32, a PEG ratio of 2.09 and a beta of 0.98. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust, Inc. has a 1 year low of $15.48 and a 1 year high of $20.84.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The business had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same quarter in the previous year, the firm posted $0.43 earnings per share. Starwood Property Trust’s revenue was up 15.6% compared to the same quarter last year. As a group, sell-side analysts expect that Starwood Property Trust, Inc. will post 1.4 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 11.9%. Starwood Property Trust’s payout ratio is presently 325.42%.

Analyst Ratings Changes

Several brokerages have commented on STWD. Wells Fargo & Company set a $20.00 price target on Starwood Property Trust in a report on Monday, August 17th. Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating for the company in a report on Friday, August 7th. UBS Group started coverage on shares of Starwood Property Trust in a research note on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 target price on the stock. Zacks Research upgraded shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Wall Street Zen lowered shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $19.20.

About Starwood Property Trust

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.