Public Employees Retirement Association of Colorado raised its position in Starwood Property Trust, Inc. (NYSE:STWD) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 72,259 shares of the real estate investment trust’s stock after buying an additional 90 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Starwood Property Trust were worth $1,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its stake in Starwood Property Trust by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 50 shares in the last quarter. Penserra Capital Management LLC increased its stake in Starwood Property Trust by 52.3% in the first quarter. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 2,015 shares in the last quarter. Coconut Grove Bank increased its stake in Starwood Property Trust by 108.3% in the first quarter. Coconut Grove Bank now owns 8,040 shares of the real estate investment trust’s stock worth $181,000 after buying an additional 4,180 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in Starwood Property Trust by 88.9% in the first quarter. Catalyst Capital Advisors LLC now owns 8,500 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 4,000 shares in the last quarter. Finally, Northern Oak Wealth Management Inc. purchased a new stake in Starwood Property Trust during the first quarter worth approximately $201,000. Institutional investors own 74.20% of the company’s stock.

Shares of Starwood Property Trust, Inc. (NYSE STWD) opened at 22.06 on Friday. The stock has a 50 day moving average price of $22.15 and a 200-day moving average price of $22.38. The company has a market cap of $5.75 billion, a P/E ratio of 12.66 and a beta of 0.54. Starwood Property Trust, Inc. has a 1-year low of $21.11 and a 1-year high of $23.46.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.01. The firm had revenue of $211.57 million for the quarter, compared to analyst estimates of $244.13 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same period last year, the company earned $0.50 EPS. Analysts predict that Starwood Property Trust, Inc. will post $2.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be given a $0.48 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.70%. Starwood Property Trust’s payout ratio is 109.09%.

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A number of analysts have recently commented on STWD shares. Zacks Investment Research raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. BidaskClub raised Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Starwood Property Trust currently has an average rating of “Hold” and an average price target of $24.00.

Starwood Property Trust Company Profile

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

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