157,748 Shares in Starwood Property Trust, Inc. $STWD Purchased by Jupiter Topco LLC

Key Points

• Jupiter Topco LLC purchased 157,748 shares of Starwood Property Trust during the second quarter, valued at approximately $2.6 million. Hedge funds and institutional investors collectively own 49.82% of the company.
• Starwood Property Trust reported quarterly earnings of $0.40 per share, matching estimates, while revenue increased 15.6% year over year to $201.42 million. The company declared a $0.48 quarterly dividend, representing a 12.1% annualized yield.
• STWD opened at $15.83, near its 12-month low of $15.48. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $19.20, although ratings range from buy to sell.

Jupiter Topco LLC purchased a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 157,748 shares of the real estate investment trust's stock, valued at approximately $2,586,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Peak Financial Advisors LLC boosted its position in shares of Starwood Property Trust by 2.2% during the first quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust's stock valued at $442,000 after buying an additional 559 shares during the period. Brown Advisory Inc. grew its stake in shares of Starwood Property Trust by 1.3% during the fourth quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust's stock valued at $854,000 after buying an additional 600 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of Starwood Property Trust by 11.5% in the third 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 raised its holdings in shares of Starwood Property Trust by 2.3% in the third 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 lifted its stake in shares of Starwood Property Trust by 1.8% during the 4th quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust's stock worth $659,000 after acquiring an additional 631 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Price Performance

STWD opened at $15.83 on Thursday. Starwood Property Trust, Inc. has a 12-month low of $15.48 and a 12-month high of $20.84. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. The business's fifty day simple moving average is $16.40 and its 200-day simple moving average is $17.13. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 2.05 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The firm had revenue of $201.42 million during the quarter, compared to the consensus estimate of $521.67 million. During the same period in the previous year, the company posted $0.43 earnings per share. The firm's quarterly revenue was up 15.6% on a year-over-year basis. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.48 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 12.1%. Starwood Property Trust's payout ratio is currently 325.42%.

Analyst Ratings Changes

Several research firms have recently weighed in on STWD. Zacks Research upgraded Starwood Property Trust from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 25th. Wells Fargo & Company set a $20.00 price target on shares of Starwood Property Trust in a report on Monday, August 17th. Wall Street Zen downgraded shares of Starwood Property Trust from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. UBS Group started coverage on shares of Starwood Property Trust in a report on Tuesday, June 2nd. They set a "buy" rating and a $20.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $19.00 to $18.50 and set an "overweight" rating for the company in a research report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $19.20.

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.

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