71,000 Shares in Starwood Property Trust, Inc. $STWD Purchased by Almitas Capital LLC

Key Points

• Almitas Capital LLC acquired 71,000 shares of Starwood Property Trust in the second quarter, valued at approximately $1.16 million. Institutional investors and hedge funds collectively own 49.82% of the company.
• Analyst sentiment is mixed but leans positive: Starwood has a “Moderate Buy” consensus rating and an average price target of $19.20, compared with shares recently opening at $15.93.
• The REIT reported quarterly earnings of $0.40 per share, matching estimates, while revenue rose 15.6% year over year. It also maintains a quarterly dividend of $0.48 per share, representing a 12.1% annualized yield.

Almitas Capital LLC bought a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 71,000 shares of the real estate investment trust's stock, valued at approximately $1,163,000.

Other large investors have also recently added to or reduced their stakes in the company. Quantum Portfolio Management LLC boosted its position in shares of Starwood Property Trust by 882,760.9% during the 1st quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust's stock valued at $1,931,676,000 after acquiring an additional 112,163,596 shares in the last quarter. BlackRock Inc. bought a new position in Starwood Property Trust during the 2nd quarter valued at about $589,366,000. Geode Capital Management LLC raised its position in Starwood Property Trust by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust's stock valued at $115,453,000 after purchasing an additional 148,740 shares during the last quarter. Northern Trust Corp raised its position in Starwood Property Trust by 1.2% in the 3rd quarter. Northern Trust Corp now owns 5,387,358 shares of the real estate investment trust's stock valued at $104,353,000 after purchasing an additional 64,178 shares during the last quarter. Finally, Advisors Capital Management LLC acquired a new stake in Starwood Property Trust in the 2nd quarter valued at about $70,121,000. Institutional investors and hedge funds own 49.82% of the company's stock.

Wall Street Analysts Forecast Growth

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

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $15.93 on Friday. The company has a fifty day moving average price of $16.47 and a two-hundred day moving average price of $17.20. Starwood Property Trust, Inc. has a one year low of $15.51 and a one year high of $20.84. The stock has a market cap of $5.89 billion, a P/E ratio of 26.99, a P/E/G ratio of 2.10 and a beta of 0.98. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share for the quarter, hitting analysts' consensus estimates of $0.40. The firm had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The business's revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. As a group, equities analysts predict that Starwood Property Trust, Inc. will post 1.4 EPS for the current year.

Starwood Property Trust Announces Dividend

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

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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