Natixis Advisors LLC Purchases 20,874 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

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 raised 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 13F filing with the Securities & Exchange Commission. The firm owned 207,841 shares of the real estate investment trust's stock after acquiring an additional 20,874 shares during the quarter. Natixis Advisors LLC owned about 0.06% of Starwood Property Trust worth $4,109,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. SSA Swiss Advisors AG bought a new position in Starwood Property Trust during the first quarter worth about $75,000. SlateStone Wealth LLC increased its stake in Starwood Property Trust by 3.7% during the 1st quarter. SlateStone Wealth LLC now owns 81,350 shares of the real estate investment trust's stock worth $1,608,000 after acquiring an additional 2,916 shares during the period. Bayforest Capital Ltd raised its stake in Starwood Property Trust by 616.1% in the first quarter. Bayforest Capital Ltd now owns 30,869 shares of the real estate investment trust's stock valued at $610,000 after purchasing an additional 26,558 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Starwood Property Trust in the 1st quarter valued at approximately $25,000. Finally, Mackenzie Financial Corp bought a new stake in Starwood Property Trust during the first quarter worth $2,561,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 1.9%

Shares of NYSE:STWD traded up $0.37 during midday trading on Thursday, hitting $19.77. 3,564,747 shares of the stock were exchanged, compared to its average volume of 5,527,826. The business's 50-day moving average price is $20.13 and its 200 day moving average price is $19.67. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month 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. The stock has a market capitalization of $7.26 billion, a price-to-earnings ratio of 20.81 and a beta of 1.26.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced 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 17.26% and a return on equity of 8.87%. The firm had revenue of $444.28 million during the quarter, compared to analysts' expectations of $477.00 million. During the same period in the prior year, the company posted $0.48 EPS. The company's revenue was down 9.3% on a year-over-year basis. Analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given 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 is Tuesday, September 30th. Starwood Property Trust's payout ratio is 202.11%.

Analysts Set New Price Targets

A number of research firms have recently commented on STWD. Keefe, Bruyette & Woods boosted their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. UBS Group boosted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average 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.