Starwood Property Trust, Inc. (NYSE:STWD) Shares Bought by Focused Wealth Management Inc

Focused Wealth Management Inc boosted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 8.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,021 shares of the real estate investment trust's stock after acquiring an additional 14,897 shares during the quarter. Focused Wealth Management Inc owned 0.06% of Starwood Property Trust worth $3,954,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in STWD. SkyOak Wealth LLC boosted its position in Starwood Property Trust by 10.7% in the first quarter. SkyOak Wealth LLC now owns 202,172 shares of the real estate investment trust's stock valued at $3,997,000 after buying an additional 19,619 shares in the last quarter. Xponance Inc. raised its position in Starwood Property Trust by 4.8% during the first quarter. Xponance Inc. now owns 41,820 shares of the real estate investment trust's stock valued at $827,000 after purchasing an additional 1,898 shares in the last quarter. State of Michigan Retirement System boosted its position in Starwood Property Trust by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 76,700 shares of the real estate investment trust's stock valued at $1,516,000 after acquiring an additional 800 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in Starwood Property Trust in the 1st quarter valued at approximately $44,000. Finally, Penserra Capital Management LLC increased its stake in shares of Starwood Property Trust by 14.4% in the 1st quarter. Penserra Capital Management LLC now owns 83,551 shares of the real estate investment trust's stock worth $1,651,000 after purchasing an additional 10,528 shares in the last quarter. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Price Performance

NYSE:STWD traded down $0.24 during trading hours on Tuesday, hitting $20.66. 2,420,841 shares of the stock traded hands, compared to its average volume of 2,453,509. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 21.74 and a beta of 1.24. The stock has a 50 day moving average price of $20.04 and a 200 day moving average price of $19.57.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 previous year, the company earned $0.59 EPS. Sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 annualized dividend and a yield of 9.30%. Starwood Property Trust's dividend payout ratio (DPR) is presently 202.11%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on STWD. JPMorgan Chase & Co. lifted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th. 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 report on Tuesday. Finally, Keefe, Bruyette & Woods boosted their target price 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. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $22.08.

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.