Register Financial Advisors LLC Acquires 24,416 Shares of Starwood Property Trust, Inc. $STWD

Key Points

• Register Financial Advisors LLC increased its holdings in Starwood Property Trust by 58.4% during Q2, now owning 66,191 shares valued at $1,328,000.
• Starwood Property Trust recently reported a quarterly dividend of $0.48 per share, with an annualized yield of 9.6% and a high dividend payout ratio of 176.15%.
• The company posted $0.43 earnings per share last quarter, beating analyst estimates, but revenue fell short of expectations, totaling $444.28 million.

Register Financial Advisors LLC grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 58.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,191 shares of the real estate investment trust's stock after purchasing an additional 24,416 shares during the quarter. Register Financial Advisors LLC's holdings in Starwood Property Trust were worth $1,328,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Kingstone Capital Partners Texas LLC bought a new stake in Starwood Property Trust during the 2nd quarter worth about $765,811,000. Boston Partners bought a new stake in shares of Starwood Property Trust during the first quarter valued at approximately $9,643,000. HighTower Advisors LLC increased its holdings in shares of Starwood Property Trust by 10.7% in the first quarter. HighTower Advisors LLC now owns 1,993,652 shares of the real estate investment trust's stock valued at $39,414,000 after purchasing an additional 193,417 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Starwood Property Trust by 3.6% in the first quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust's stock valued at $108,326,000 after purchasing an additional 192,283 shares in the last quarter. Finally, Great Lakes Advisors LLC bought a new position in Starwood Property Trust in the 1st quarter worth approximately $3,711,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Up 0.1%

STWD stock opened at $19.99 on Friday. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05. The firm has a market capitalization of $7.34 billion, a PE ratio of 18.33 and a beta of 1.28. The business's 50 day simple moving average is $20.03 and its 200 day simple moving average is $19.78. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The company 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%. Starwood Property Trust's quarterly revenue was down 9.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.48 EPS. As a group, research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.48 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 9.6%. Starwood Property Trust's dividend payout ratio (DPR) is presently 176.15%.

Analyst Ratings Changes

STWD has been the topic of a number of recent research reports. Wall Street Zen upgraded Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.13.

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.