Timbercreek Asset Management Ltd. increased its position in Starwood Property Trust, Inc. (NYSE:STWD) by 177.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 456,289 shares of the real estate investment trust’s stock after acquiring an additional 292,000 shares during the period. Starwood Property Trust comprises approximately 3.2% of Timbercreek Asset Management Ltd.’s holdings, making the stock its 13th largest position. Timbercreek Asset Management Ltd. owned approximately 0.18% of Starwood Property Trust worth $10,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in STWD. Janney Montgomery Scott LLC purchased a new stake in Starwood Property Trust during the 1st quarter valued at $203,000. Great West Life Assurance Co. Can raised its stake in Starwood Property Trust by 15.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 29,285 shares of the real estate investment trust’s stock valued at $660,000 after buying an additional 3,900 shares during the last quarter. Swiss National Bank raised its stake in Starwood Property Trust by 0.5% during the 1st quarter. Swiss National Bank now owns 423,665 shares of the real estate investment trust’s stock valued at $9,566,000 after buying an additional 2,100 shares during the last quarter. World Asset Management Inc raised its stake in Starwood Property Trust by 5.1% during the 1st quarter. World Asset Management Inc now owns 12,987 shares of the real estate investment trust’s stock valued at $293,000 after buying an additional 635 shares during the last quarter. Finally, Sei Investments Co. raised its stake in Starwood Property Trust by 165.5% during the 1st quarter. Sei Investments Co. now owns 117,649 shares of the real estate investment trust’s stock valued at $2,657,000 after buying an additional 73,341 shares during the last quarter. Institutional investors own 68.58% of the company’s stock.

STWD has been the subject of a number of research reports. BidaskClub upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. ValuEngine lowered shares of Starwood Property Trust 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 from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $24.33.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) traded down 0.750% during midday trading on Thursday, reaching $21.835. 355,657 shares of the company’s stock were exchanged. The firm has a market cap of $5.67 billion, a PE ratio of 12.542 and a beta of 0.53. The stock’s 50-day moving average is $22.04 and its 200 day moving average is $22.26. Starwood Property Trust, Inc. has a one year low of $21.11 and a one year high of $23.32.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.01. Starwood Property Trust had a net margin of 55.89% and a return on equity of 11.39%. The business had revenue of $211.57 million during the quarter, compared to the consensus estimate of $244.13 million. During the same period in the previous year, the firm posted $0.50 earnings per share. Analysts anticipate that Starwood Property Trust, Inc. will post $2.10 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.92 annualized dividend and a dividend yield of 8.73%. Starwood Property Trust’s payout ratio is currently 109.09%.

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Starwood Property Trust Company Profile

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

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