Quantinno Capital Management LP Takes $306,000 Position in Starwood Property Trust, Inc. (NYSE:STWD)

Quantinno Capital Management LP acquired a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,125 shares of the real estate investment trust's stock, valued at approximately $306,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Starwood Property Trust in the fourth quarter worth about $63,044,000. Atria Wealth Solutions Inc. increased its holdings in Starwood Property Trust by 31.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust's stock valued at $1,670,000 after buying an additional 20,840 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Starwood Property Trust in the fourth quarter valued at about $377,000. Golden State Equity Partners increased its holdings in Starwood Property Trust by 346.0% in the fourth quarter. Golden State Equity Partners now owns 27,708 shares of the real estate investment trust's stock valued at $525,000 after buying an additional 21,496 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Starwood Property Trust by 154.7% in the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust's stock valued at $3,484,000 after buying an additional 111,654 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Wall Street Analyst Weigh In

STWD has been the subject of several research analyst reports. UBS Group reissued 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. Keefe, Bruyette & Woods lowered their target price on 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, JPMorgan Chase & Co. upped their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $21.83.

Starwood Property Trust Stock Performance

STWD stock traded up $0.09 on Thursday, reaching $19.83. The company's stock had a trading volume of 882,634 shares, compared to its average volume of 2,435,777. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17. The company has a market capitalization of $6.73 billion, a P/E ratio of 16.94 and a beta of 1.26. The firm has a fifty day moving average of $19.13 and a two-hundred day moving average of $19.48. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $418.18 million during the quarter, compared to the consensus estimate of $469.00 million. During the same period last year, the company earned $0.59 earnings per share. As a group, analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.48 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.68%. 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.