Corient Private Wealth LP Makes New $2.93 Million Investment in Starwood Property Trust, Inc. $STWD

Key Points

• Corient Private Wealth LP acquired 178,755 shares of Starwood Property Trust during the second quarter, representing an investment of approximately $2.93 million. Institutional investors own 49.82% of the company.
• Analyst sentiment remains generally positive, with an average rating of “Moderate Buy” and a consensus price target of $19.20, despite individual upgrades, downgrades and a reduced target from Keefe, Bruyette & Woods.
• STWD shares opened at $15.56, near their 12-month low, while the company reported quarterly EPS of $0.40 and revenue growth of 15.6% year over year. Its quarterly dividend of $0.48 implies a 12.3% yield, though the payout ratio is elevated at 325.42%.

Corient Private Wealth LP acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 178,755 shares of the real estate investment trust's stock, valued at approximately $2,928,000.

Several other large investors also recently modified their holdings of STWD. CENTRAL TRUST Co boosted its holdings in shares of Starwood Property Trust by 154.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust's stock worth $27,000 after buying an additional 908 shares during the period. Los Angeles Capital Management LLC bought a new position in Starwood Property Trust in the 4th quarter valued at about $28,000. Versant Capital Management Inc raised its holdings in Starwood Property Trust by 293.2% in the 2nd quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust's stock valued at $32,000 after acquiring an additional 1,457 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Starwood Property Trust by 169.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust's stock worth $59,000 after acquiring an additional 2,053 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its position in Starwood Property Trust by 1,605.0% during the first quarter. North Star Investment Management Corp. now owns 3,410 shares of the real estate investment trust's stock worth $59,000 after acquiring an additional 3,210 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Starwood Property Trust in a research report on Friday, August 7th. UBS Group initiated coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a "buy" rating and a $20.00 price target for the company. Keefe, Bruyette & Woods reduced their price target on Starwood Property Trust from $19.00 to $18.50 and set an "outperform" rating for the company in a research note on Friday, August 7th. Zacks Research raised Starwood Property Trust from a "strong sell" rating to a "hold" rating in a report on Thursday, June 25th. Finally, Wall Street Zen cut Starwood Property Trust from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $19.20.

Starwood Property Trust Stock Performance

Shares of NYSE:STWD opened at $15.56 on Wednesday. Starwood Property Trust, Inc. has a 12-month low of $15.48 and a 12-month high of $20.84. The company's 50 day moving average price is $16.41 and its two-hundred day moving average price is $17.15. The firm has a market cap of $5.76 billion, a PE ratio of 26.37, a PEG ratio of 2.07 and a beta of 0.98. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, hitting analysts' consensus estimates of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same quarter in the previous year, the business earned $0.43 earnings per share. Starwood Property Trust's revenue was up 15.6% compared to the same quarter last year. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.92 annualized dividend and a yield of 12.3%. Starwood Property Trust's payout ratio is presently 325.42%.

Starwood Property Trust Profile

Starwood Property Trust NYSE: STWD is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company's portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.

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