Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by KMG Fiduciary Partners LLC

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

Several other hedge funds and other institutional investors have also made changes to their positions in STWD. Vanguard Group Inc. grew its position in shares of Starwood Property Trust by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock valued at $586,375,000 after purchasing an additional 377,939 shares in the last quarter. Northern Trust Corp grew its holdings in Starwood Property Trust by 16.2% in the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock valued at $100,189,000 after buying an additional 736,699 shares in the last quarter. Norges Bank acquired a new stake in shares of Starwood Property Trust in the 4th quarter worth $63,044,000. Bank of New York Mellon Corp raised its holdings in shares of Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock worth $50,593,000 after acquiring an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Starwood Property Trust during the 4th quarter worth $48,841,000. Hedge funds and other institutional investors own 49.82% of the company's stock.

Starwood Property Trust Trading Up 0.2%

Shares of Starwood Property Trust stock traded up $0.04 on Thursday, reaching $20.34. The company had a trading volume of 2,029,584 shares, compared to its average volume of 2,434,348. The firm's 50 day moving average price is $19.19 and its two-hundred day moving average price is $19.51. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.17. The firm has a market cap of $6.90 billion, a PE ratio of 17.38 and a beta of 1.25.

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). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm had revenue of $418.18 million during the quarter, compared to analysts' expectations of $469.00 million. During the same period in the previous year, the firm earned $0.59 EPS. Sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.44%. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

Analyst Ratings Changes

A number of equities analysts have commented on STWD shares. JPMorgan Chase & Co. lifted 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 note 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 report on Monday, April 7th. Finally, UBS Group reiterated a "neutral" rating and issued a $19.50 price objective (up from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price 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.