LDR Capital Management LLC lowered its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 24.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,977 shares of the real estate investment trust's stock after selling 41,972 shares during the period. Starwood Property Trust comprises about 3.0% of LDR Capital Management LLC's investment portfolio, making the stock its 14th biggest holding. LDR Capital Management LLC's holdings in Starwood Property Trust were worth $2,510,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently bought and sold shares of the business. Empowered Funds LLC raised its holdings in shares of Starwood Property Trust by 11.2% during the fourth quarter. Empowered Funds LLC now owns 12,941 shares of the real estate investment trust's stock valued at $245,000 after buying an additional 1,308 shares during the last quarter. New York State Teachers Retirement System grew its position in Starwood Property Trust by 1.2% in the fourth quarter. New York State Teachers Retirement System now owns 139,366 shares of the real estate investment trust's stock worth $2,641,000 after buying an additional 1,698 shares during the last quarter. Principal Securities Inc. grew its position in Starwood Property Trust by 5.0% in the fourth quarter. Principal Securities Inc. now owns 18,983 shares of the real estate investment trust's stock worth $360,000 after buying an additional 905 shares during the last quarter. Allworth Financial LP grew its position in Starwood Property Trust by 23.0% in the fourth quarter. Allworth Financial LP now owns 7,335 shares of the real estate investment trust's stock worth $139,000 after buying an additional 1,370 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in Starwood Property Trust by 2.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 486,799 shares of the real estate investment trust's stock worth $9,225,000 after buying an additional 9,763 shares during the last quarter. Institutional investors own 49.82% of the company's stock.
Starwood Property Trust Trading Down 1.1%
Shares of NYSE:STWD opened at $19.86 on Wednesday. The firm has a fifty day moving average of $19.38 and a two-hundred day moving average of $19.49. The firm has a market capitalization of $6.74 billion, a P/E ratio of 20.90 and a beta of 1.25. Starwood Property Trust, Inc. has a 12-month low of $16.59 and a 12-month high of $21.17. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73.
Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its earnings results 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). The company had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. Starwood Property Trust had a net margin of 17.26% and a return on equity of 8.87%. During the same period last year, the business earned $0.59 EPS. On average, equities analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.
Starwood Property Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 9.67%. The ex-dividend date of this dividend is Monday, June 30th. Starwood Property Trust's payout ratio is presently 202.11%.
Analyst Upgrades and Downgrades
Several research firms have issued reports on STWD. JPMorgan Chase & Co. lifted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. UBS Group reiterated a "neutral" rating and set a $19.50 price objective (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of 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. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.83.
View Our Latest Stock Report on STWD
Starwood Property Trust Company Profile
(
Free Report)
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.
Further Reading

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