California Public Employees Retirement System cut its stake in shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 3.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 712,800 shares of the real estate investment trust’s stock after selling 28,700 shares during the quarter. California Public Employees Retirement System owned approximately 0.27% of STARWOOD PROPERTY TRUST, INC. worth $15,960,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in STWD. MML Investors Services LLC increased its holdings in STARWOOD PROPERTY TRUST, INC. by 11.3% in the 2nd quarter. MML Investors Services LLC now owns 13,836 shares of the real estate investment trust’s stock worth $310,000 after acquiring an additional 1,405 shares in the last quarter. TIAA FSB purchased a new position in STARWOOD PROPERTY TRUST, INC. during the second quarter valued at approximately $558,000. ETRADE Capital Management LLC lifted its holdings in STARWOOD PROPERTY TRUST, INC. by 2.2% during the second quarter. ETRADE Capital Management LLC now owns 31,450 shares of the real estate investment trust’s stock valued at $704,000 after purchasing an additional 678 shares in the last quarter. Vanguard Group Inc. lifted its holdings in STARWOOD PROPERTY TRUST, INC. by 5.5% during the second 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. Finally, Van ECK Associates Corp lifted its holdings in STARWOOD PROPERTY TRUST, INC. by 24.0% during the second quarter. Van ECK Associates Corp now owns 460,537 shares of the real estate investment trust’s stock valued at $10,311,000 after purchasing an additional 89,194 shares in the last quarter. Institutional investors own 68.58% of the company’s stock.

In other STARWOOD PROPERTY TRUST, INC. news, COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total value of $247,263.80. Following the sale, the chief operating officer now directly owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the completion of the sale, the chief financial officer now directly owns 100,026 shares in the company, valued at $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by company insiders.

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STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) opened at 21.77 on Tuesday. STARWOOD PROPERTY TRUST, INC. has a 12 month low of $21.11 and a 12 month high of $23.01. The stock has a market capitalization of $5.65 billion, a P/E ratio of 12.50 and a beta of 0.53. The stock has a 50 day moving average price of $22.03 and a 200 day moving average price of $22.23.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last posted its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.01. STARWOOD PROPERTY TRUST, INC. had a net margin of 55.89% and a return on equity of 11.39%. The firm had revenue of $211.57 million during the quarter, compared to analysts’ expectations of $244.13 million. During the same period in the previous year, the business posted $0.50 EPS. Equities analysts predict that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.92 annualized dividend and a yield of 8.82%. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio is presently 109.09%.

STWD has been the subject of a number of recent analyst reports. BidaskClub lowered shares of STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. ValuEngine cut shares of STARWOOD PROPERTY TRUST, INC. from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Finally, Zacks Investment Research upgraded shares of STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $24.00.

About STARWOOD PROPERTY TRUST, INC.

Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

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