KMG Fiduciary Partners LLC Sells 18,583 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

KMG Fiduciary Partners LLC cut its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 16.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,016 shares of the real estate investment trust's stock after selling 18,583 shares during the period. KMG Fiduciary Partners LLC's holdings in Starwood Property Trust were worth $1,898,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quarry LP purchased a new position in Starwood Property Trust in the fourth quarter worth $31,000. Hurley Capital LLC purchased a new position in Starwood Property Trust in the fourth quarter worth $36,000. Smartleaf Asset Management LLC grew its position in Starwood Property Trust by 83.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 854 shares in the last quarter. UMB Bank n.a. grew its position in Starwood Property Trust by 83.0% in the first quarter. UMB Bank n.a. now owns 3,195 shares of the real estate investment trust's stock worth $63,000 after acquiring an additional 1,449 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new position in Starwood Property Trust in the fourth quarter worth $61,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Starwood Property Trust Stock Performance

NYSE STWD opened at $20.20 on Monday. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 17.27 and a beta of 1.25. The company has a 50-day simple moving average of $19.12 and a two-hundred day simple moving average of $19.49. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 12-month low of $16.59 and a 12-month high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). The firm had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. During the same period last year, the company posted $0.59 earnings per share. On average, equities 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 was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.50%. The ex-dividend date was Monday, March 31st. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

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.

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