BlackRock Advisors LLC decreased its position in Starwood Property Trust Inc. (NYSE:STWD) by 0.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,407,093 shares of the company’s stock after selling 14,753 shares during the period. BlackRock Advisors LLC owned approximately 1.01% of Starwood Property Trust worth $49,875,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Checchi Capital Advisers LLC increased its position in shares of Starwood Property Trust by 1.2% in the second quarter. Checchi Capital Advisers LLC now owns 5,092 shares of the company’s stock worth $106,000 after buying an additional 61 shares during the last quarter. Acrospire Investment Management LLC increased its position in shares of Starwood Property Trust by 22.4% in the second quarter. Acrospire Investment Management LLC now owns 6,000 shares of the company’s stock worth $124,000 after buying an additional 1,100 shares during the last quarter. Feltz Wealth PLAN Inc. purchased a new position in shares of Starwood Property Trust during the second quarter worth approximately $146,000. TLP Group LLC purchased a new position in shares of Starwood Property Trust during the second quarter worth approximately $146,000. Finally, IFP Advisors Inc increased its position in shares of Starwood Property Trust by 73.5% in the first quarter. IFP Advisors Inc now owns 8,827 shares of the company’s stock worth $167,000 after buying an additional 3,740 shares during the last quarter. Hedge funds and other institutional investors own 73.39% of the company’s stock.

Starwood Property Trust Inc. (NYSE:STWD) opened at 22.39 on Monday. The stock has a market capitalization of $5.32 billion, a P/E ratio of 14.98 and a beta of 0.69. Starwood Property Trust Inc. has a 12-month low of $16.69 and a 12-month high of $23.46. The firm’s 50-day moving average is $22.35 and its 200 day moving average is $20.45.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The firm earned $200 million during the quarter, compared to the consensus estimate of $50.75 million. Starwood Property Trust had a net margin of 42.66% and a return on equity of 11.54%. The firm’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 earnings per share. Equities research analysts anticipate that Starwood Property Trust Inc. will post $1.73 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.58%. The ex-dividend date is Wednesday, September 28th. Starwood Property Trust’s dividend payout ratio is presently 130.61%.

STWD has been the subject of a number of analyst reports. FBR & Co upped their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 28th. Deutsche Bank AG set a $24.00 price objective on shares of Starwood Property Trust and gave the stock a “buy” rating in a research report on Friday, August 5th. Keefe, Bruyette & Woods upped their price objective on shares of Starwood Property Trust from $23.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, August 5th. JMP Securities upped their price objective on shares of Starwood Property Trust from $23.00 to $24.00 and gave the stock a “market outperform” rating in a research report on Monday, August 8th. Finally, Zacks Investment Research upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, August 9th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $23.83.

About Starwood Property Trust

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