Starwood Property Trust, Inc. $STWD Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 26.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 764,957 shares of the real estate investment trust’s stock after acquiring an additional 161,049 shares during the period. Cetera Investment Advisers’ holdings in Starwood Property Trust were worth $13,173,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CENTRAL TRUST Co boosted its stake in Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 908 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Starwood Property Trust during the fourth quarter worth about $28,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Starwood Property Trust during the fourth quarter worth about $53,000. North Star Investment Management Corp. lifted its holdings in shares of Starwood Property Trust by 1,605.0% in the 1st quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 3,210 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Starwood Property Trust by 169.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 2,053 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on STWD. UBS Group began coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target on the stock. Wall Street Zen upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings downgraded Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.70.

Starwood Property Trust Price Performance

Shares of STWD opened at $16.52 on Thursday. Starwood Property Trust, Inc. has a fifty-two week low of $16.27 and a fifty-two week high of $20.84. The company has a market capitalization of $6.12 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 2.25 and a beta of 0.98. The firm has a 50-day simple moving average of $16.80 and a 200-day simple moving average of $17.48. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The company had revenue of $205.55 million for 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 business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 EPS. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.51 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 200.00%.

Starwood Property Trust Company 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.