Starwood Property Trust, Inc. (NYSE:STWD) Holdings Decreased by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 0.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,810,596 shares of the real estate investment trust's stock after selling 132,664 shares during the period. Vanguard Group Inc. owned 9.12% of Starwood Property Trust worth $609,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Meeder Asset Management Inc. purchased a new position in Starwood Property Trust during the 1st quarter worth approximately $25,000. Alpine Bank Wealth Management acquired a new stake in Starwood Property Trust during the 1st quarter worth $25,000. PSI Advisors LLC purchased a new position in shares of Starwood Property Trust during the 1st quarter worth $28,000. Quarry LP purchased a new stake in Starwood Property Trust in the 4th quarter valued at about $31,000. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in Starwood Property Trust in the 1st quarter valued at about $40,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Down 0.3%

STWD traded down $0.06 on Friday, reaching $19.87. 2,488,537 shares of the company's stock were exchanged, compared to its average volume of 4,320,200. The company has a market cap of $7.30 billion, a price-to-earnings ratio of 18.23 and a beta of 1.26. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17. The company's 50 day moving average is $20.14 and its 200-day moving average is $19.70. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The firm had revenue of $444.28 million for the quarter, compared to analysts' expectations of $477.00 million. During the same period in the prior year, the company posted $0.48 earnings per share. The firm's quarterly revenue was down 9.3% on a year-over-year basis. Equities analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share 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. Investors of record on Tuesday, September 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio (DPR) is 176.15%.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods boosted their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. upped their price target 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. Wall Street Zen raised Starwood Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, UBS Group lifted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.70.

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.