Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC increased its stake in Starwood Property Trust by 11.2% after acquiring an additional 20,874 shares, bringing its total holding to 207,841 shares valued at approximately $4.1 million.
• Starwood Property Trust reported a net revenue of $418.18 million in its recent quarterly earnings, falling short of analysts' expectations of $469 million, and its earnings per share was $0.45, missing estimates by $0.01.
• The company declared a quarterly dividend of $0.48 with an annualized dividend yield of 9.9%, which is set to be paid on October 15th to stockholders of record on September 30th.

Natixis Advisors LLC lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 11.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,841 shares of the real estate investment trust's stock after buying an additional 20,874 shares during the period. Natixis Advisors LLC owned approximately 0.06% of Starwood Property Trust worth $4,109,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Northern Trust Corp grew 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 acquiring an additional 736,699 shares during the period. Raymond James Financial Inc. purchased a new stake in Starwood Property Trust during the 4th quarter valued at $48,841,000. Adage Capital Partners GP L.L.C. raised its stake in Starwood Property Trust by 17.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,648,904 shares of the real estate investment trust's stock valued at $31,247,000 after buying an additional 248,904 shares during the last quarter. Leeward Investments LLC MA increased its stake in Starwood Property Trust by 1.2% in the 1st quarter. Leeward Investments LLC MA now owns 1,324,081 shares of the real estate investment trust's stock worth $26,177,000 after buying an additional 15,874 shares in the last quarter. Finally, Advisors Capital Management LLC increased its stake in Starwood Property Trust by 2.3% in the 4th quarter. Advisors Capital Management LLC now owns 1,299,076 shares of the real estate investment trust's stock worth $24,617,000 after buying an additional 28,593 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on STWD shares. Wall Street Zen raised shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research report on Saturday. JPMorgan Chase & Co. raised their target price 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 lifted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.70.

Starwood Property Trust Price Performance

Shares of STWD stock traded up $0.10 on Friday, reaching $19.88. 2,334,423 shares of the company were exchanged, compared to its average volume of 5,593,879. The company has a market cap of $7.30 billion, a price-to-earnings ratio of 18.24 and a beta of 1.26. The business has a 50-day moving average price of $20.14 and a 200 day moving average price of $19.68. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.74 and a current ratio of 1.61. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The firm had revenue of $444.28 million for the quarter, compared to analyst estimates of $477.00 million. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The business's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 EPS. Equities research analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 9.7%. Starwood Property Trust's dividend payout ratio is 176.15%.

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.