Alteri Wealth LLC Invests $259,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Alteri Wealth LLC purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 13,667 shares of the real estate investment trust's stock, valued at approximately $259,000.

Several other institutional investors have also added to or reduced their stakes in the company. Norges Bank acquired a new position in Starwood Property Trust in the fourth quarter valued at about $63,044,000. Raymond James Financial Inc. bought a new position in Starwood Property Trust in the 4th quarter valued at about $48,841,000. Leeward Investments LLC MA acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at approximately $24,791,000. Northern Trust Corp raised its position in shares of Starwood Property Trust by 16.2% in the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock valued at $100,189,000 after buying an additional 736,699 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Starwood Property Trust by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock worth $586,375,000 after acquiring an additional 377,939 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group decreased their price target on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.86.

Starwood Property Trust Trading Up 0.6 %

Shares of Starwood Property Trust stock traded up $0.11 on Friday, hitting $19.15. The stock had a trading volume of 1,214,172 shares, compared to its average volume of 2,600,958. The stock has a 50 day moving average of $19.20 and a 200 day moving average of $19.48. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17. The firm has a market capitalization of $6.47 billion, a P/E ratio of 16.37 and a beta of 1.26.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. During the same quarter in the prior year, the company posted $0.59 EPS. Sell-side analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.03%. Starwood Property Trust's payout ratio is 174.55%.

Starwood Property Trust Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.