GAMMA Investing LLC Purchases 113,878 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

GAMMA Investing LLC increased its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 3,472.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 117,157 shares of the real estate investment trust's stock after buying an additional 113,878 shares during the quarter. GAMMA Investing LLC's holdings in Starwood Property Trust were worth $2,316,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in STWD. Wealth Quarterback LLC increased its position in shares of Starwood Property Trust by 3.6% in the fourth quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust's stock valued at $281,000 after acquiring an additional 518 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Starwood Property Trust by 1.1% during 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 purchasing an additional 755 shares during the period. Oregon Public Employees Retirement Fund raised its position in Starwood Property Trust by 1.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 65,174 shares of the real estate investment trust's stock valued at $1,235,000 after purchasing an additional 800 shares during the last quarter. Rathbones Group PLC lifted its holdings in Starwood Property Trust by 3.6% in the 4th quarter. Rathbones Group PLC now owns 22,975 shares of the real estate investment trust's stock worth $435,000 after buying an additional 800 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in shares of Starwood Property Trust by 83.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after buying an additional 854 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Down 1.1%

Starwood Property Trust stock traded down $0.22 on Tuesday, hitting $19.86. 1,773,540 shares of the stock traded hands, compared to its average volume of 2,435,024. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The firm has a market cap of $6.74 billion, a P/E ratio of 20.90 and a beta of 1.25. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.73. The business's fifty day simple moving average is $19.38 and its 200 day simple moving average is $19.49.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued 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). The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. During the same period last year, the business earned $0.59 earnings per share. As a group, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 30th will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.67%. Starwood Property Trust's dividend payout ratio is currently 202.11%.

Analyst Ratings Changes

A number of brokerages recently commented on STWD. JPMorgan Chase & Co. raised their price target on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research note on Monday, May 12th. UBS Group reaffirmed a "neutral" rating and issued a $19.50 target price (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Starwood Property Trust has an average rating of "Moderate Buy" and a consensus price target of $21.83.

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.