Pinion Investment Advisors LLC Sells 25,919 Shares of Starwood Property Trust, Inc. $STWD

Key Points

• Pinion Investment Advisors LLC reduced its holdings in Starwood Property Trust by 45.9%, selling 25,919 shares and holding 30,563 shares valued at approximately $613,000 as of their latest SEC filing.
• Starwood Property Trust's stock recently opened at $18.50 and is trading down 1.5%, with a market capitalization of $6.79 billion and a 12-month price range between $16.59 and $21.05.
• The company declared a quarterly dividend of $0.48, resulting in an annualized dividend yield of 10.4%, with a dividend payout ratio of 176.15%.

Pinion Investment Advisors LLC reduced its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 45.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,563 shares of the real estate investment trust's stock after selling 25,919 shares during the quarter. Pinion Investment Advisors LLC's holdings in Starwood Property Trust were worth $613,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STWD. Alpine Bank Wealth Management acquired a new position in Starwood Property Trust in the 1st quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new position in Starwood Property Trust in the 1st quarter valued at approximately $25,000. PSI Advisors LLC acquired a new position in Starwood Property Trust in the 1st quarter valued at approximately $28,000. SVB Wealth LLC acquired a new position in Starwood Property Trust in the 1st quarter valued at approximately $30,000. Finally, Smallwood Wealth Investment Management LLC acquired a new position in Starwood Property Trust in the 1st quarter valued at approximately $40,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on STWD shares. Zacks Research cut shares of Starwood Property Trust from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 30th. Keefe, Bruyette & Woods increased their price objective 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. 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 research report on Tuesday, July 15th. Weiss Ratings reiterated a "hold (c)" rating on shares of Starwood Property Trust in a research report on Wednesday. Finally, Wall Street Zen upgraded shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $21.13.

Starwood Property Trust Trading Down 1.5%

NYSE:STWD opened at $18.50 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. The stock has a market capitalization of $6.79 billion, a price-to-earnings ratio of 16.97 and a beta of 1.29. The firm has a fifty day simple moving average of $19.94 and a two-hundred day simple moving average of $19.74. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.05.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The business had revenue of $444.28 million during the quarter, compared to analysts' expectations of $477.00 million. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The business's quarterly revenue was down 9.3% on a year-over-year basis. During the same period last year, the company posted $0.48 earnings per share. Analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio (DPR) is presently 176.15%.

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.

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