Focused Wealth Management Inc Invests $2.50 Million in Starwood Property Trust, Inc. $STWD

Focused Wealth Management Inc purchased a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 152,624 shares of the real estate investment trust’s stock, valued at approximately $2,500,000.

Other hedge funds have also added to or reduced their stakes in the company. Peak Financial Advisors LLC increased its position in Starwood Property Trust by 2.2% in the first quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust’s stock worth $442,000 after purchasing an additional 559 shares during the period. Brown Advisory Inc. boosted its stake in shares of Starwood Property Trust by 1.3% in the 4th quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust’s stock valued at $854,000 after purchasing an additional 600 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in shares of Starwood Property Trust by 11.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock worth $115,000 after buying an additional 613 shares during the period. Quadrant Capital Group LLC grew its position in shares of Starwood Property Trust by 2.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock worth $527,000 after buying an additional 621 shares during the period. Finally, Mutual Advisors LLC raised its stake in shares of Starwood Property Trust by 1.8% during the fourth quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust’s stock worth $659,000 after buying an additional 631 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 0.2%

STWD opened at $16.27 on Tuesday. The firm’s fifty day moving average is $16.58 and its two-hundred day moving average is $17.30. The company has a debt-to-equity ratio of 3.47, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $6.02 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 2.20 and a beta of 0.98. Starwood Property Trust, Inc. has a twelve month low of $15.51 and a twelve month high of $20.84.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company had revenue of $201.42 million for the quarter, compared to analysts’ expectations of $521.67 million. During the same period last year, the firm posted $0.43 earnings per share. The business’s quarterly revenue was up 15.6% compared to the same quarter last year. Equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.51 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 325.42%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starwood Property Trust in a research note on Friday, August 7th. Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research report on Monday. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Keefe, Bruyette & Woods reduced their price target on Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a research report on Friday, August 7th. Finally, Wall Street Zen cut Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.30.

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.