Advisor Resource Council acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,755 shares of the real estate investment trust's stock, valued at approximately $351,000.
Several other hedge funds also recently bought and sold shares of the business. PSI Advisors LLC bought a new position in shares of Starwood Property Trust during the 1st quarter worth $28,000. Quarry LP bought a new position in shares of Starwood Property Trust during the 4th quarter worth $31,000. Smartleaf Asset Management LLC grew its position in shares of Starwood Property Trust by 83.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after buying an additional 854 shares in the last quarter. Hurley Capital LLC bought a new position in shares of Starwood Property Trust during the 4th quarter worth $36,000. Finally, New Age Alpha Advisors LLC bought a new position in shares of Starwood Property Trust during the 4th quarter worth $61,000. Institutional investors own 49.82% of the company's stock.
Starwood Property Trust Price Performance
Shares of STWD stock opened at $20.04 on Monday. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17. The stock's 50-day moving average is $19.51 and its 200 day moving average is $19.49. The company has a market cap of $6.80 billion, a P/E ratio of 21.09 and a beta of 1.26. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.74 and a quick ratio of 1.74.
Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period in the previous year, the business earned $0.59 EPS. Research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.
Starwood Property Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.58%. The ex-dividend date of this dividend is Monday, June 30th. Starwood Property Trust's dividend payout ratio is presently 202.11%.
Wall Street Analyst Weigh In
STWD has been the topic of a number of recent research reports. UBS Group reissued a "neutral" rating and set a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. JPMorgan Chase & Co. increased their price target on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Finally, Keefe, Bruyette & Woods dropped their price objective 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. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.83.
View Our Latest Stock Report on Starwood Property Trust
Starwood Property Trust Profile
(
Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Starwood Property Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Starwood Property Trust wasn't on the list.
While Starwood Property Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
