Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by Leeward Investments LLC MA

Leeward Investments LLC MA increased its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 1.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,324,081 shares of the real estate investment trust's stock after buying an additional 15,874 shares during the period. Starwood Property Trust comprises about 1.4% of Leeward Investments LLC MA's investment portfolio, making the stock its 11th largest position. Leeward Investments LLC MA owned approximately 0.39% of Starwood Property Trust worth $26,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its holdings in 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 worth $50,593,000 after buying an additional 10,979 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Starwood Property Trust during the fourth quarter worth $377,000. US Bancorp DE boosted its holdings in Starwood Property Trust by 32.1% in the fourth quarter. US Bancorp DE now owns 99,086 shares of the real estate investment trust's stock worth $1,878,000 after purchasing an additional 24,057 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Starwood Property Trust by 83.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 854 shares during the period. Finally, Meridian Wealth Management LLC increased its stake in Starwood Property Trust by 16.5% during the fourth quarter. Meridian Wealth Management LLC now owns 17,985 shares of the real estate investment trust's stock valued at $341,000 after purchasing an additional 2,552 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

NYSE STWD traded up $0.01 during trading hours on Friday, hitting $20.76. The company had a trading volume of 1,478,860 shares, compared to its average volume of 2,456,590. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week 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. The business has a fifty day simple moving average of $19.84 and a 200-day simple moving average of $19.51. The firm has a market cap of $7.05 billion, a P/E ratio of 21.85 and a beta of 1.24.

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 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 company had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same period in the prior year, the business earned $0.59 earnings per share. Equities analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.25%. The ex-dividend date of this dividend is Monday, June 30th. Starwood Property Trust's dividend payout ratio is presently 202.11%.

Wall Street Analyst Weigh In

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