Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Carmel Capital Partners LLC

Carmel Capital Partners LLC lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 11.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,623 shares of the real estate investment trust's stock after purchasing an additional 17,215 shares during the period. Starwood Property Trust accounts for approximately 1.3% of Carmel Capital Partners LLC's holdings, making the stock its 13th largest position. Carmel Capital Partners LLC's holdings in Starwood Property Trust were worth $3,255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of STWD. World Investment Advisors boosted its holdings in shares of Starwood Property Trust by 4.8% during the 1st quarter. World Investment Advisors now owns 11,646 shares of the real estate investment trust's stock valued at $230,000 after purchasing an additional 530 shares during the last quarter. Carnegie Lake Advisors LLC lifted its holdings in shares of Starwood Property Trust by 0.8% in the 1st quarter. Carnegie Lake Advisors LLC now owns 75,869 shares of the real estate investment trust's stock valued at $1,500,000 after acquiring an additional 600 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Starwood Property Trust by 5.9% in the 1st quarter. Spire Wealth Management now owns 11,116 shares of the real estate investment trust's stock valued at $220,000 after acquiring an additional 616 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Starwood Property Trust by 1.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 70,740 shares of the real estate investment trust's stock valued at $1,341,000 after acquiring an additional 755 shares during the last quarter. Finally, Walker Asset Management LLC lifted its holdings in shares of Starwood Property Trust by 7.1% in the 1st quarter. Walker Asset Management LLC now owns 11,676 shares of the real estate investment trust's stock valued at $231,000 after acquiring an additional 773 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Price Performance

Shares of Starwood Property Trust stock traded down $0.04 during trading hours on Friday, reaching $19.67. The stock had a trading volume of 15,670,157 shares, compared to its average volume of 2,617,906. The firm has a market capitalization of $6.72 billion, a PE ratio of 20.71 and a beta of 1.24. The stock's 50 day moving average is $20.17 and its 200 day moving average is $19.62. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.73. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings data 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). Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same period in the prior year, the company posted $0.59 EPS. 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 company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.48 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 9.76%. Starwood Property Trust's payout ratio is 202.11%.

Wall Street Analyst Weigh In

STWD has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Finally, UBS Group increased their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $21.70.

Starwood Property Trust Company Profile

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.