36,273 Shares in Starwood Property Trust, Inc. $STWD Acquired by IFC Advisors LLC

Key Points

• IFC Advisors LLC has acquired 36,273 shares of Starwood Property Trust, Inc. valued at approximately $728,000, reflecting growing institutional interest in the real estate investment trust.
• Starwood Property Trust recently announced a $0.48 quarterly dividend, which represents a yield of 10.3% based on an annualized amount of $1.92.
• Analysts have a consensus rating of "Moderate Buy" for Starwood Property Trust, with an average price target of $21.13.

IFC Advisors LLC acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 36,273 shares of the real estate investment trust's stock, valued at approximately $728,000.

A number of other hedge funds also recently added to or reduced their stakes in STWD. Park Avenue Securities LLC purchased a new position in Starwood Property Trust in the 1st quarter worth approximately $215,000. GAMMA Investing LLC lifted its holdings in shares of Starwood Property Trust by 80.7% during the 1st quarter. GAMMA Investing LLC now owns 5,926 shares of the real estate investment trust's stock valued at $117,000 after buying an additional 2,647 shares during the period. Integrated Advisors Network LLC purchased a new position in shares of Starwood Property Trust in the 1st quarter worth $221,000. QRG Capital Management Inc. boosted its stake in shares of Starwood Property Trust by 3.9% in the 1st quarter. QRG Capital Management Inc. now owns 229,575 shares of the real estate investment trust's stock worth $4,539,000 after buying an additional 8,719 shares during the last quarter. Finally, Insigneo Advisory Services LLC boosted its stake in shares of Starwood Property Trust by 96.6% in the 1st quarter. Insigneo Advisory Services LLC now owns 20,665 shares of the real estate investment trust's stock worth $409,000 after buying an additional 10,153 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on STWD shares. Weiss Ratings restated a "hold (c)" rating on shares of Starwood Property Trust in a research note on Wednesday, October 8th. UBS Group raised their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Keefe, Bruyette & Woods raised their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Zacks Research downgraded Starwood Property Trust from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 30th. Finally, Wall Street Zen raised shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $21.13.

Starwood Property Trust Trading Up 1.8%

Shares of STWD stock opened at $18.73 on Tuesday. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 17.18 and a beta of 1.29. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a fifty day moving average price of $19.90 and a 200-day moving average price of $19.71. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.05.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. The company had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. Starwood Property Trust's quarterly revenue was down 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.48 EPS. As a group, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 10.3%. Starwood Property Trust's dividend payout ratio is currently 176.15%.

About Starwood Property Trust

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.

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