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

Oppenheimer & Co. Inc. grew its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 73.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Starwood Property Trust by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock worth $586,375,000 after purchasing an additional 377,939 shares during the period. Northern Trust Corp increased its holdings in shares of Starwood Property Trust by 16.2% during the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock worth $100,189,000 after buying an additional 736,699 shares during the last quarter. Norges Bank acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth approximately $63,044,000. Bank of New York Mellon Corp raised its position in shares of Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock valued at $50,593,000 after buying an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $48,841,000. Institutional investors and hedge funds own 49.82% of the company's stock.

Starwood Property Trust Trading Up 1.7%

NYSE:STWD traded up $0.34 during trading hours on Tuesday, reaching $20.41. 4,014,206 shares of the stock were exchanged, compared to its average volume of 2,447,630. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17. The business has a 50-day moving average of $19.76 and a two-hundred day moving average of $19.50. The company has a market capitalization of $6.93 billion, a price-to-earnings ratio of 21.48 and a beta of 1.24. 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 posted its earnings results 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). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The firm 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 company posted $0.59 EPS. On average, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders 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 9.41%. The ex-dividend date of this dividend is Monday, June 30th. Starwood Property Trust's payout ratio is 202.11%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on STWD shares. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. UBS Group reissued 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, JPMorgan Chase & Co. upped their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $21.83.

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.