Cadence Capital Management LLC boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 38.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,310 shares of the real estate investment trust’s stock after buying an additional 13,612 shares during the period. Cadence Capital Management LLC’s holdings in Starwood Property Trust were worth $1,071,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Starwood Property Trust by 5.5% in the 2nd quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock valued at $496,604,000 after purchasing an additional 1,156,034 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Starwood Property Trust by 2.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock valued at $170,859,000 after purchasing an additional 215,564 shares in the last quarter. LSV Asset Management boosted its stake in shares of Starwood Property Trust by 4.4% in the 2nd quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock valued at $118,586,000 after purchasing an additional 223,100 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Starwood Property Trust by 1.3% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,210,616 shares of the real estate investment trust’s stock valued at $48,015,000 after purchasing an additional 28,685 shares in the last quarter. Finally, Boston Partners boosted its stake in shares of Starwood Property Trust by 10.7% in the 3rd quarter. Boston Partners now owns 1,259,369 shares of the real estate investment trust’s stock valued at $27,353,000 after purchasing an additional 121,545 shares in the last quarter. Hedge funds and other institutional investors own 67.53% of the company’s stock.

Several equities research analysts have recently commented on STWD shares. BidaskClub downgraded shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Finally, ValuEngine downgraded shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Starwood Property Trust presently has an average rating of “Buy” and a consensus target price of $24.00.

In other Starwood Property Trust news, COO Andrew Jay Sossen sold 11,270 shares of the business’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the sale, the chief operating officer now directly owns 108,258 shares of the company’s stock, valued at approximately $2,375,180.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total value of $150,799.32. Following the sale, the chief financial officer now directly owns 100,026 shares of the company’s stock, valued at $2,196,570.96. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.

Starwood Property Trust, Inc. (STWD) traded down $0.03 during trading on Monday, hitting $21.65. The company had a trading volume of 1,569,300 shares, compared to its average volume of 1,774,017. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47. Starwood Property Trust, Inc. has a fifty-two week low of $21.27 and a fifty-two week high of $23.01. The company has a market capitalization of $5,650.62, a PE ratio of 10.31, a price-to-earnings-growth ratio of 2.04 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The business had revenue of $226.77 million during the quarter, compared to analysts’ expectations of $236.76 million. During the same period in the previous year, the business posted $0.59 earnings per share. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. equities analysts predict that Starwood Property Trust, Inc. will post 2.12 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.87%. Starwood Property Trust’s dividend payout ratio is 116.36%.

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About Starwood Property Trust

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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