Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 109.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,928 shares of the real estate investment trust's stock after buying an additional 33,882 shares during the quarter. Bleakley Financial Group LLC's holdings in Starwood Property Trust were worth $1,284,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Alpine Bank Wealth Management bought a new stake in Starwood Property Trust during the 1st quarter valued at $25,000. PSI Advisors LLC acquired a new position in shares of Starwood Property Trust in the 1st quarter valued at about $28,000. Quarry LP acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at about $31,000. Hurley Capital LLC acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at about $36,000. Finally, Smallwood Wealth Investment Management LLC purchased a new position in shares of Starwood Property Trust in the 1st quarter valued at about $40,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

STWD has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research note on Monday, May 12th. Keefe, Bruyette & Woods upped their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. Finally, UBS Group upped their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a report on Tuesday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $22.08.

Starwood Property Trust Stock Down 0.2%

Shares of Starwood Property Trust stock traded down $0.04 during trading hours on Friday, reaching $19.67. 15,670,157 shares of the company were exchanged, compared to its average volume of 2,615,459. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The stock's fifty day moving average is $20.17 and its 200 day moving average is $19.61. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market cap of $6.72 billion, a PE ratio of 20.71 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 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $418.18 million during the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. During the same period last year, the company earned $0.59 EPS. As a group, equities research analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.76%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's payout ratio is 202.11%.

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.