Prevail Innovative Wealth Advisors LLC Increases Stake in Starwood Property Trust, Inc. (NYSE:STWD)

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

A number of other hedge funds and other institutional investors have also recently modified their holdings of STWD. Proficio Capital Partners LLC bought a new position in Starwood Property Trust in the fourth quarter valued at about $377,000. PNC Financial Services Group Inc. lifted its holdings in Starwood Property Trust by 78.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 22,979 shares of the real estate investment trust's stock valued at $435,000 after acquiring an additional 10,080 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Starwood Property Trust by 2.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 64,899 shares of the real estate investment trust's stock valued at $1,230,000 after acquiring an additional 1,531 shares during the period. Swiss National Bank lifted its holdings in Starwood Property Trust by 6.7% in the fourth quarter. Swiss National Bank now owns 624,665 shares of the real estate investment trust's stock valued at $11,837,000 after acquiring an additional 39,200 shares during the period. Finally, Natixis Advisors LLC lifted its holdings in Starwood Property Trust by 935.0% in the fourth quarter. Natixis Advisors LLC now owns 186,967 shares of the real estate investment trust's stock valued at $3,543,000 after acquiring an additional 168,903 shares during the period. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of NYSE STWD traded down $0.05 during trading on Friday, hitting $19.66. The company had a trading volume of 7,843,785 shares, compared to its average volume of 2,586,018. The stock has a 50 day simple moving average of $20.16 and a 200 day simple moving average of $19.60. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The firm has a market capitalization of $6.67 billion, a P/E ratio of 20.70 and a beta of 1.24.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same quarter in the prior year, the business posted $0.59 EPS. As a group, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders 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 dividend yield of 9.77%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

Analyst Ratings Changes

STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods increased their target price on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. UBS Group raised 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. Finally, JPMorgan Chase & Co. raised 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 five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $22.08.

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.