Balyasny Asset Management L.P. Makes New $241,000 Investment in Starwood Property Trust, Inc. (NYSE:STWD)

Balyasny Asset Management L.P. purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,733 shares of the real estate investment trust's stock, valued at approximately $241,000.

Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Starwood Property Trust during the 4th quarter worth approximately $63,044,000. Raymond James Financial Inc. acquired a new stake in Starwood Property Trust in the fourth quarter valued at $48,841,000. Leeward Investments LLC MA purchased a new position in Starwood Property Trust in the fourth quarter valued at about $24,791,000. Northern Trust Corp increased its position 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 buying an additional 736,699 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Starwood Property Trust by 1.2% during 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 acquiring an additional 377,939 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Down 3.4%

Shares of STWD stock traded down $0.67 during trading hours on Wednesday, reaching $19.29. 3,810,011 shares of the stock traded hands, compared to its average volume of 2,470,874. The business has a fifty day moving average price of $19.19 and a 200 day moving average price of $19.48. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17. The firm has a market capitalization of $6.55 billion, a PE ratio of 16.49 and a beta of 1.26.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings results 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). The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. During the same quarter in the prior year, the firm posted $0.59 EPS. On average, equities research analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.95%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's payout ratio is presently 202.11%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. UBS Group boosted their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock a "neutral" rating in a report on Wednesday. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. upped their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research note on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Starwood Property Trust has a consensus rating of "Moderate Buy" and an average 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.