Aljian Capital Management LLC Buys Shares of 112,633 Starwood Property Trust, Inc. $STWD

Key Points

• Aljian Capital Management initiated a position of 112,633 Starwood Property Trust shares worth approximately $1.85 million. Institutional investors collectively own 49.82% of the REIT.
• Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and a $19.20 price target, although some firms maintain hold or sell ratings.
• Starwood reported quarterly EPS of $0.40, matching estimates, while revenue rose 15.6% year over year. The company also maintains a $0.48 quarterly dividend, equivalent to an 11.8% annualized yield.

Aljian Capital Management LLC purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 112,633 shares of the real estate investment trust's stock, valued at approximately $1,845,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. CENTRAL TRUST Co boosted its position in Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 908 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Starwood Property Trust during the fourth quarter worth $28,000. Versant Capital Management Inc increased its holdings in shares of Starwood Property Trust by 293.2% during the second quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust's stock worth $32,000 after buying an additional 1,457 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Starwood Property Trust by 169.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust's stock valued at $59,000 after acquiring an additional 2,053 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its stake in shares of Starwood Property Trust by 1,605.0% in the 1st quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust's stock valued at $59,000 after acquiring an additional 3,210 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group assumed coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They issued a "buy" rating and a $20.00 target price for the company. JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $19.00 to $18.50 and set an "overweight" rating on the stock in a research note on Tuesday. Wall Street Zen cut Starwood Property Trust from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. Zacks Research upgraded Starwood Property Trust from a "strong sell" rating to a "hold" rating in a report on Thursday, June 25th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Starwood Property Trust in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus price target of $19.20.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $16.23 on Wednesday. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 2.20 and a beta of 0.98. Starwood Property Trust, Inc. has a 52-week low of $15.51 and a 52-week high of $20.84. The company has a debt-to-equity ratio of 3.47, a quick ratio of 1.46 and a current ratio of 1.46. The stock's 50 day moving average price is $16.56 and its two-hundred day moving average price is $17.29.

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 net margin of 11.35% and a return on equity of 7.85%. The company had revenue of $201.42 million during the quarter, compared to analyst estimates of $521.67 million. During the same quarter in the previous year, the business posted $0.43 EPS. Starwood Property Trust's revenue for the quarter was up 15.6% compared to the same quarter last year. On average, equities analysts predict that Starwood Property Trust, Inc. will post 1.51 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 11.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Starwood Property Trust's payout ratio is presently 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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