Sargent Investment Group LLC Grows Position in Starwood Property Trust, Inc. (NYSE:STWD)

Sargent Investment Group LLC lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 22.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,304 shares of the real estate investment trust's stock after purchasing an additional 42,254 shares during the quarter. Sargent Investment Group LLC owned 0.07% of Starwood Property Trust worth $4,593,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Starwood Property Trust in the fourth quarter worth approximately $63,044,000. Principal Financial Group Inc. boosted its stake in shares of Starwood Property Trust by 0.4% in the first quarter. Principal Financial Group Inc. now owns 737,047 shares of the real estate investment trust's stock worth $14,571,000 after acquiring an additional 2,993 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Starwood Property Trust in the first quarter worth approximately $925,000. Sei Investments Co. boosted its stake in Starwood Property Trust by 154.7% during the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust's stock worth $3,484,000 after buying an additional 111,654 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its stake in Starwood Property Trust by 24.7% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 244,381 shares of the real estate investment trust's stock worth $4,631,000 after buying an additional 48,355 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 topic of a number of recent research reports. UBS Group boosted 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, July 15th. Keefe, Bruyette & Woods boosted their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Finally, JPMorgan Chase & Co. boosted 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 four have issued a buy rating to the company. Based on data from MarketBeat, Starwood Property Trust has a consensus rating of "Moderate Buy" and an average target price of $21.70.

Starwood Property Trust Stock Performance

Shares of NYSE STWD traded up $0.05 during trading hours on Wednesday, reaching $19.98. The stock had a trading volume of 2,008,962 shares, compared to its average volume of 2,648,925. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of 21.03 and a beta of 1.24. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 2.73. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The firm has a 50-day moving average of $20.17 and a 200-day moving average of $19.62.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. During the same period in the previous year, the business posted $0.59 earnings per share. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.61%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's payout ratio is currently 202.11%.

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.