Bleakley Financial Group LLC Increases Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Bleakley Financial Group LLC raised its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 109.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,928 shares of the real estate investment trust's stock after buying an additional 33,882 shares during the period. Bleakley Financial Group LLC's holdings in Starwood Property Trust were worth $1,284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC raised its holdings in Starwood Property Trust by 32.8% in the first quarter. CWM LLC now owns 17,761 shares of the real estate investment trust's stock worth $351,000 after purchasing an additional 4,390 shares during the period. Louisiana State Employees Retirement System raised its stake in Starwood Property Trust by 0.9% in the 1st quarter. Louisiana State Employees Retirement System now owns 89,700 shares of the real estate investment trust's stock worth $1,773,000 after purchasing an additional 800 shares in the last quarter. Focused Wealth Management Inc increased its holdings in Starwood Property Trust by 8.0% in the 1st quarter. Focused Wealth Management Inc now owns 200,021 shares of the real estate investment trust's stock valued at $3,954,000 after buying an additional 14,897 shares during the period. SkyOak Wealth LLC grew its holdings in shares of Starwood Property Trust by 10.7% during the 1st quarter. SkyOak Wealth LLC now owns 202,172 shares of the real estate investment trust's stock valued at $3,997,000 after purchasing an additional 19,619 shares during the last quarter. Finally, Xponance Inc. boosted its position in Starwood Property Trust by 4.8% during the 1st quarter. Xponance Inc. now owns 41,820 shares of the real estate investment trust's stock worth $827,000 after buying an additional 1,898 shares during the period. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Down 5.0%

STWD traded down $1.05 during trading on Thursday, hitting $19.81. 23,065,856 shares of the company's stock were exchanged, compared to its average volume of 2,532,147. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73. The business's 50 day moving average is $20.14 and its two-hundred day moving average is $19.60. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The stock has a market cap of $6.72 billion, a P/E ratio of 20.85 and a beta of 1.24.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The firm had revenue of $418.18 million during the quarter, compared to the consensus estimate of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same quarter in the previous year, the company earned $0.59 EPS. As a group, equities analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date was Monday, June 30th. Starwood Property Trust's dividend payout ratio is currently 202.11%.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods boosted their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. UBS Group boosted their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted 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 report on Monday, May 12th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and an average price target of $22.08.

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.