Blair William & Co. IL Grows Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Key Points

• Blair William & Co. IL increased its holdings in Starwood Property Trust by 5.8% during the first quarter, acquiring an additional 23,579 shares, bringing its total to approximately 426,790 shares valued at $8.4 million.
• Multiple analysts have raised their price targets for Starwood Property Trust, with estimates now ranging from $19.50 to $22.00, highlighting a consensus rating of "Moderate Buy".
• Starwood Property Trust declared a quarterly dividend of $0.48, equating to a 9.8% yield and a payout ratio of 202.11%, signaling strong returns for investors.

Blair William & Co. IL grew its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 5.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 426,790 shares of the real estate investment trust's stock after buying an additional 23,579 shares during the quarter. Blair William & Co. IL owned 0.13% of Starwood Property Trust worth $8,438,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. World Investment Advisors increased its stake in shares of Starwood Property Trust by 4.8% during the first quarter. World Investment Advisors now owns 11,646 shares of the real estate investment trust's stock worth $230,000 after buying an additional 530 shares during the period. Carnegie Investment Counsel lifted its position in Starwood Property Trust by 2.7% in the first quarter. Carnegie Investment Counsel now owns 21,225 shares of the real estate investment trust's stock valued at $420,000 after acquiring an additional 550 shares during the last quarter. Carnegie Lake Advisors LLC lifted its holdings in shares of Starwood Property Trust by 0.8% in the 1st quarter. Carnegie Lake Advisors LLC now owns 75,869 shares of the real estate investment trust's stock valued at $1,500,000 after purchasing an additional 600 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Starwood Property Trust by 5.9% in the first quarter. Spire Wealth Management now owns 11,116 shares of the real estate investment trust's stock valued at $220,000 after acquiring an additional 616 shares during the period. Finally, Kovack Advisors Inc. boosted its stake in Starwood Property Trust by 1.3% during the 1st quarter. Kovack Advisors Inc. now owns 55,707 shares of the real estate investment trust's stock worth $1,101,000 after purchasing an additional 725 shares during the period. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Price Performance

STWD stock traded up $0.37 during trading on Thursday, hitting $19.77. The stock had a trading volume of 3,564,747 shares, compared to its average volume of 5,527,826. 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 cap of $7.26 billion, a price-to-earnings ratio of 20.81 and a beta of 1.26. The company's 50 day moving average price is $20.13 and its two-hundred day moving average price is $19.67. 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 results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The firm had revenue of $444.28 million for the quarter, compared to analyst estimates of $477.00 million. During the same period last year, the company earned $0.48 EPS. The firm's quarterly revenue was down 9.3% on a year-over-year basis. On average, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio is 202.11%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. UBS Group increased their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. Keefe, Bruyette & Woods boosted their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. 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 four have issued a buy rating to the company. Based on data from MarketBeat.com, Starwood Property Trust presently has an average rating of "Moderate Buy" and a consensus price target of $21.70.

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.