34,938 Shares in Starwood Property Trust, Inc. $STWD Acquired by Caxton Associates LLP

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 purchased a new position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 34,938 shares of the real estate investment trust's stock, valued at approximately $691,000.

Several other large investors also recently bought and sold shares of the company. World Investment Advisors increased its stake in 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 worth $230,000 after buying an additional 530 shares in the last quarter. Carnegie Investment Counsel grew its position in Starwood Property Trust by 2.7% in the first quarter. Carnegie Investment Counsel now owns 21,225 shares of the real estate investment trust's stock worth $420,000 after acquiring an additional 550 shares during the period. Kestra Investment Management LLC grew its position in Starwood Property Trust by 0.4% in the first quarter. Kestra Investment Management LLC now owns 141,171 shares of the real estate investment trust's stock worth $2,791,000 after acquiring an additional 550 shares during the period. Carnegie Lake Advisors LLC grew its position in Starwood Property Trust by 0.8% in the first quarter. Carnegie Lake Advisors LLC now owns 75,869 shares of the real estate investment trust's stock worth $1,500,000 after acquiring an additional 600 shares during the period. Finally, Spire Wealth Management grew its position in Starwood Property Trust by 5.9% in the first quarter. Spire Wealth Management now owns 11,116 shares of the real estate investment trust's stock worth $220,000 after acquiring an additional 616 shares during the period. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD traded down $0.03 during mid-day trading on Tuesday, reaching $20.31. The stock had a trading volume of 287,032 shares, compared to its average volume of 2,852,683. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 18.63 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. The business has a 50 day simple moving average of $20.12 and a 200 day simple moving average of $19.78.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The company had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. During the same period last year, the firm earned $0.48 EPS. The company's revenue for the quarter was down 9.3% on a year-over-year basis. On average, 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 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. This represents a $1.92 annualized dividend and a dividend yield of 9.5%. The ex-dividend date is Tuesday, September 30th. Starwood Property Trust's payout ratio is currently 176.15%.

Analyst Upgrades and Downgrades

A number of research firms have commented on STWD. Wall Street Zen upgraded Starwood Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. UBS Group increased their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods increased their target price on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $21.70.

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.