Blair William & Co. IL Raises 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 raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm 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 SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its stake in Starwood Property Trust by 21.7% in the first quarter. PNC Financial Services Group Inc. now owns 27,971 shares of the real estate investment trust's stock valued at $553,000 after buying an additional 4,992 shares during the period. Natixis Advisors LLC lifted its stake in Starwood Property Trust by 11.2% in the first quarter. Natixis Advisors LLC now owns 207,841 shares of the real estate investment trust's stock valued at $4,109,000 after buying an additional 20,874 shares during the period. SSA Swiss Advisors AG acquired a new position in Starwood Property Trust in the first quarter valued at approximately $75,000. SlateStone Wealth LLC increased its holdings in shares of Starwood Property Trust by 3.7% during the first quarter. SlateStone Wealth LLC now owns 81,350 shares of the real estate investment trust's stock valued at $1,608,000 after acquiring an additional 2,916 shares in the last quarter. Finally, Bayforest Capital Ltd increased its holdings in shares of Starwood Property Trust by 616.1% during the first quarter. Bayforest Capital Ltd now owns 30,869 shares of the real estate investment trust's stock valued at $610,000 after acquiring an additional 26,558 shares in the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

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

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

Starwood Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders 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 dividend yield of 9.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio is currently 176.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. UBS Group boosted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a report on Tuesday, July 15th. Keefe, Bruyette & Woods boosted their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a report on Thursday, July 10th. JPMorgan Chase & Co. boosted their price objective on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Finally, Wall Street Zen upgraded Starwood Property Trust from a "sell" rating to a "hold" rating in a report on Saturday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $21.70.

Starwood Property Trust Company 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.