Prevail Innovative Wealth Advisors LLC Buys 33,486 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Prevail Innovative Wealth Advisors LLC increased its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 13.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 277,867 shares of the real estate investment trust's stock after acquiring an additional 33,486 shares during the quarter. Starwood Property Trust comprises approximately 1.5% of Prevail Innovative Wealth Advisors LLC's holdings, making the stock its 17th largest holding. Prevail Innovative Wealth Advisors LLC owned 0.08% of Starwood Property Trust worth $5,493,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Alpine Bank Wealth Management bought a new stake in Starwood Property Trust in the 1st quarter valued at $25,000. PSI Advisors LLC bought a new stake in Starwood Property Trust in the 1st quarter valued at $28,000. Quarry LP bought a new stake in Starwood Property Trust in the 4th quarter valued at $31,000. Hurley Capital LLC bought a new stake in Starwood Property Trust in the 4th quarter valued at $36,000. Finally, Smallwood Wealth Investment Management LLC bought a new stake in Starwood Property Trust in the 1st quarter valued at $40,000. Institutional investors own 49.82% of the company's stock.

Analysts Set New Price Targets

STWD has been the topic of several analyst reports. UBS Group reissued a "neutral" rating and issued a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. JPMorgan Chase & Co. boosted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.00.

Starwood Property Trust Stock Down 0.0%

Shares of NYSE:STWD opened at $20.89 on Tuesday. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17. 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 company's fifty day moving average is $20.04 and its 200-day moving average is $19.57. The company has a market capitalization of $7.09 billion, a PE ratio of 21.98 and a beta of 1.24.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its earnings results 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). Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. The firm had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same quarter in the prior year, the firm posted $0.59 EPS. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be given a dividend of $0.48 per share. The ex-dividend date is Monday, June 30th. This represents a $1.92 annualized dividend and a yield of 9.19%. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.