LDR Capital Management LLC Has $2.51 Million Stake in Starwood Property Trust, Inc. (NYSE:STWD)

LDR Capital Management LLC trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 24.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,977 shares of the real estate investment trust's stock after selling 41,972 shares during the period. Starwood Property Trust accounts for approximately 3.0% of LDR Capital Management LLC's holdings, making the stock its 14th largest holding. LDR Capital Management LLC's holdings in Starwood Property Trust were worth $2,510,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STWD. Quarry LP bought a new position in Starwood Property Trust in the 4th quarter valued at $31,000. Smartleaf Asset Management LLC boosted its position in Starwood Property Trust by 83.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 854 shares during the last quarter. Hurley Capital LLC bought a new position in Starwood Property Trust in the 4th quarter valued at $36,000. New Age Alpha Advisors LLC bought a new position in Starwood Property Trust in the 4th quarter valued at $61,000. Finally, Chapman Financial Group LLC bought a new position in Starwood Property Trust in the 4th quarter valued at $62,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

STWD has been the topic of several recent research reports. Keefe, Bruyette & Woods reduced their price target on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. UBS Group restated a "neutral" rating and issued a $19.50 price target (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. raised their price target on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.83.

Starwood Property Trust Trading Down 0.1%

STWD stock traded down $0.02 during midday trading on Friday, hitting $20.04. 3,626,468 shares of the company's stock were exchanged, compared to its average volume of 2,441,998. The stock's fifty day moving average price is $19.51 and its 200-day moving average price is $19.49. 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 has a market cap of $6.80 billion, a PE ratio of 21.09 and a beta of 1.25. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same quarter in the prior year, the firm posted $0.59 earnings per share. 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.58%. The ex-dividend date is Monday, June 30th. Starwood Property Trust's dividend payout ratio is 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.