Advisor Resource Council Makes New $351,000 Investment in Starwood Property Trust, Inc. (NYSE:STWD)

Advisor Resource Council acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,755 shares of the real estate investment trust's stock, valued at approximately $351,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in Starwood Property Trust by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock worth $586,375,000 after buying an additional 377,939 shares during the last quarter. Northern Trust Corp raised its stake in shares of Starwood Property Trust by 16.2% in the fourth quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock valued at $100,189,000 after acquiring an additional 736,699 shares during the period. Norges Bank bought a new stake in shares of Starwood Property Trust in the 4th quarter worth about $63,044,000. Bank of New York Mellon Corp boosted its stake in shares of Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock worth $50,593,000 after purchasing an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Starwood Property Trust during the 4th quarter valued at about $48,841,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Up 0.8%

Shares of NYSE:STWD traded up $0.17 during trading on Thursday, reaching $20.42. 1,910,540 shares of the company were exchanged, compared to its average volume of 2,443,807. The business's fifty day simple moving average is $19.66 and its 200-day simple moving average is $19.50. 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, Inc. has a 12-month low of $16.59 and a 12-month high of $21.17. The firm has a market capitalization of $6.93 billion, a PE ratio of 21.49 and a beta of 1.25.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The firm had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same quarter in the previous year, the business earned $0.59 earnings per share. On average, research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 9.40%. Starwood Property Trust's payout ratio is currently 202.11%.

Analyst Ratings Changes

STWD has been the subject of several analyst reports. Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. JPMorgan Chase & Co. boosted their price objective on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Finally, UBS Group reaffirmed a "neutral" rating and issued a $19.50 price objective (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $21.83.

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.