264,201 Shares in Starwood Property Trust, Inc. $STWD Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 264,201 shares of the real estate investment trust’s stock, valued at approximately $4,550,000.

Several other large investors also recently bought and sold shares of STWD. MassMutual Private Wealth & Trust FSB lifted its position in shares of Starwood Property Trust by 106.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 746 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of Starwood Property Trust by 154.4% during the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 908 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Starwood Property Trust in the 4th quarter valued at $28,000. FNY Investment Advisers LLC acquired a new position in Starwood Property Trust in the 3rd quarter valued at $30,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Starwood Property Trust in the 4th quarter valued at $53,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Wall Street Zen upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday. UBS Group assumed coverage on shares of Starwood Property Trust in a research note on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. Finally, Weiss Ratings downgraded shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus price target of $19.70.

Starwood Property Trust Stock Down 0.7%

Shares of NYSE:STWD opened at $16.97 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.31. The business has a fifty day moving average of $16.89 and a two-hundred day moving average of $17.59. The stock has a market cap of $6.29 billion, a P/E ratio of 17.68, a PEG ratio of 2.25 and a beta of 0.98. Starwood Property Trust, Inc. has a 52-week low of $16.29 and a 52-week high of $20.84.

Starwood Property Trust (NYSE:STWD) last issued its 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). Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The company had revenue of $205.55 million during the quarter, compared to analyst estimates of $496.25 million. During the same period last year, the business earned $0.45 earnings per share. The firm’s revenue was up 22.5% compared to the same quarter last year. On average, research analysts expect that Starwood Property Trust, Inc. will post 1.55 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 11.3%. The ex-dividend date was Tuesday, June 30th. Starwood Property Trust’s payout ratio is presently 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.