Starwood Property Trust, Inc. (NYSE:STWD) Stock Position Increased by HB Wealth Management LLC

HB Wealth Management LLC boosted its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 504.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,315 shares of the real estate investment trust's stock after acquiring an additional 57,849 shares during the quarter. HB Wealth Management LLC's holdings in Starwood Property Trust were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in STWD. Sei Investments Co. boosted its holdings in Starwood Property Trust by 154.7% in the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust's stock valued at $3,484,000 after acquiring an additional 111,654 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Starwood Property Trust by 2.3% during the fourth quarter. LPL Financial LLC now owns 457,977 shares of the real estate investment trust's stock worth $8,679,000 after purchasing an additional 10,136 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Starwood Property Trust by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock worth $586,375,000 after purchasing an additional 377,939 shares in the last quarter. Norges Bank acquired a new position in shares of Starwood Property Trust during the fourth quarter worth about $63,044,000. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Starwood Property Trust during the fourth quarter worth about $61,000. Institutional investors and hedge funds own 49.82% of the company's stock.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent research reports. UBS Group boosted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Keefe, Bruyette & Woods boosted their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Finally, JPMorgan Chase & Co. boosted their price objective 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. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average target price of $21.70.

Starwood Property Trust Stock Down 0.5%

Shares of NYSE STWD traded down $0.09 during midday trading on Friday, reaching $19.37. 4,459,669 shares of the company's stock were exchanged, compared to its average volume of 2,931,858. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.17. The stock has a market capitalization of $7.11 billion, a PE ratio of 20.39 and a beta of 1.24. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. The business's fifty day moving average price is $20.15 and its two-hundred day moving average price is $19.66.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its 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 return on equity of 8.87% and a net margin of 17.26%. During the same period in the previous year, the firm posted $0.59 earnings per share. Analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.9%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's payout ratio is currently 202.11%.

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.