Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 73.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,774 shares of the real estate investment trust's stock after purchasing an additional 36,209 shares during the period. Oppenheimer & Co. Inc.'s holdings in Starwood Property Trust were worth $1,696,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. PSI Advisors LLC purchased a new stake in shares of Starwood Property Trust in the 1st quarter valued at $28,000. Quarry LP purchased a new stake in shares of Starwood Property Trust in the 4th quarter valued at $31,000. Hurley Capital LLC purchased a new stake in shares of Starwood Property Trust in the 4th quarter valued at $36,000. Smartleaf Asset Management LLC raised its holdings in shares of 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 period. Finally, UMB Bank n.a. raised its holdings in shares of Starwood Property Trust by 83.0% in the 1st quarter. UMB Bank n.a. now owns 3,195 shares of the real estate investment trust's stock valued at $63,000 after buying an additional 1,449 shares during the period. Institutional investors and hedge funds own 49.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on STWD shares. 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 report on Monday, May 12th. UBS Group restated a "neutral" rating and set a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus price target of $21.83.

Starwood Property Trust Trading Up 0.0%

NYSE:STWD opened at $20.42 on Friday. The stock has a 50-day simple moving average of $19.70 and a 200-day simple moving average of $19.50. The stock has a market cap of $6.93 billion, a P/E ratio of 21.49 and a beta of 1.25. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) 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 analyst estimates 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 period in the prior year, the company posted $0.59 earnings per share. As a group, analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.40%. Starwood Property Trust's dividend payout ratio (DPR) is presently 202.11%.

Starwood Property Trust 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.

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