Starwood Property Trust, Inc. $STWD Shares Bought by SkyOak Wealth LLC

SkyOak Wealth LLC lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 10.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 346,798 shares of the real estate investment trust’s stock after buying an additional 33,655 shares during the period. SkyOak Wealth LLC’s holdings in Starwood Property Trust were worth $5,972,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kestra Advisory Services LLC lifted its position in Starwood Property Trust by 63.3% during the 1st quarter. Kestra Advisory Services LLC now owns 331,004 shares of the real estate investment trust’s stock worth $5,700,000 after acquiring an additional 128,300 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Starwood Property Trust by 3.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 71,374 shares of the real estate investment trust’s stock valued at $1,229,000 after purchasing an additional 2,100 shares during the period. Quantum Portfolio Management LLC lifted its position in shares of Starwood Property Trust by 882,760.9% during the first quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust’s stock worth $1,931,676,000 after purchasing an additional 112,163,596 shares in the last quarter. Westbourne Investment Advisors Inc. lifted its position in shares of Starwood Property Trust by 8.2% during the first quarter. Westbourne Investment Advisors Inc. now owns 19,800 shares of the real estate investment trust’s stock worth $341,000 after purchasing an additional 1,500 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of Starwood Property Trust by 17.0% in the first quarter. QRG Capital Management Inc. now owns 171,158 shares of the real estate investment trust’s stock valued at $2,947,000 after purchasing an additional 24,867 shares during the period. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Up 0.0%

NYSE:STWD opened at $16.45 on Friday. The company has a market cap of $6.10 billion, a PE ratio of 17.14, a P/E/G ratio of 2.17 and a beta of 0.98. The business’s 50 day moving average is $17.06 and its two-hundred day moving average is $17.66. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.31. Starwood Property Trust, Inc. has a 52 week low of $16.29 and a 52 week high of $21.05.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. The firm had revenue of $205.55 million during the quarter, compared to the consensus estimate of $496.25 million. During the same quarter last year, the firm posted $0.45 earnings per share. Starwood Property Trust’s revenue was up 22.5% compared to the same quarter last year. On average, analysts predict that Starwood Property Trust, Inc. will post 1.55 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio is 200.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. UBS Group initiated coverage on shares of Starwood Property Trust in a research note on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target on the stock. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Weiss Ratings downgraded Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 11th. JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Finally, Keefe, Bruyette & Woods dropped their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.70.

Starwood Property Trust Company 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.