Caxton Associates LLP Invests $691,000 in Starwood Property Trust, Inc. $STWD

Key Points

• Caxton Associates LLP has invested $691,000 in Starwood Property Trust, purchasing approximately 34,938 shares as part of a recent filing with the SEC.
• Starwood Property Trust reported a net margin of 20.58% and $0.43 earnings per share for the latest quarter, beating estimates, but noted a 9.3% decline in revenue compared to the previous year.
• The company has announced a quarterly dividend of $0.48 per share, reflecting a significant yield of 9.3%, with a payout ratio currently at 176.15%.

Caxton Associates LLP bought a new position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 34,938 shares of the real estate investment trust's stock, valued at approximately $691,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Meeder Asset Management Inc. purchased a new position in shares of Starwood Property Trust in the 1st quarter worth approximately $25,000. Alpine Bank Wealth Management purchased a new position in Starwood Property Trust during the 1st quarter valued at $25,000. PSI Advisors LLC purchased a new position in Starwood Property Trust during the 1st quarter valued at $28,000. SVB Wealth LLC purchased a new position in Starwood Property Trust during the 1st quarter valued at $30,000. Finally, Smallwood Wealth Investment Management LLC purchased a new position in Starwood Property Trust during the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 49.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on STWD shares. Keefe, Bruyette & Woods boosted 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. Wall Street Zen upgraded Starwood Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, UBS Group boosted 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, July 15th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $21.70.

Starwood Property Trust Trading Up 0.4%

Shares of NYSE STWD opened at $20.70 on Thursday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.90. The business has a fifty day simple moving average of $20.14 and a two-hundred day simple moving average of $19.78. The firm has a market cap of $7.60 billion, a PE ratio of 18.99 and a beta of 1.28. 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 issued its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. The business had revenue of $444.28 million during the quarter, compared to analyst estimates of $477.00 million. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.Starwood Property Trust's revenue was down 9.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.48 EPS. Analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 9.3%. Starwood Property Trust's dividend payout ratio (DPR) is presently 176.15%.

Starwood Property Trust 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.

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