Starwood Property Trust, Inc. (NYSE:STWD) is Seneca House Advisors' 7th Largest Position

Seneca House Advisors boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 8.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 477,461 shares of the real estate investment trust's stock after purchasing an additional 35,285 shares during the period. Starwood Property Trust comprises 3.9% of Seneca House Advisors' portfolio, making the stock its 7th biggest holding. Seneca House Advisors owned about 0.14% of Starwood Property Trust worth $9,439,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its holdings in Starwood Property Trust by 21.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,553 shares of the real estate investment trust's stock worth $674,000 after acquiring an additional 6,288 shares during the last quarter. Retirement Systems of Alabama increased its holdings in shares of Starwood Property Trust by 1.0% in the fourth quarter. Retirement Systems of Alabama now owns 389,460 shares of the real estate investment trust's stock valued at $7,380,000 after purchasing an additional 3,788 shares in the last quarter. Bleakley Financial Group LLC raised its position in Starwood Property Trust by 16.9% in the 4th quarter. Bleakley Financial Group LLC now owns 31,046 shares of the real estate investment trust's stock worth $588,000 after purchasing an additional 4,496 shares during the last quarter. Empowered Funds LLC lifted its holdings in Starwood Property Trust by 11.2% during the 4th quarter. Empowered Funds LLC now owns 12,941 shares of the real estate investment trust's stock worth $245,000 after buying an additional 1,308 shares in the last quarter. Finally, Focused Wealth Management Inc boosted its position in Starwood Property Trust by 16.0% in the 4th quarter. Focused Wealth Management Inc now owns 185,124 shares of the real estate investment trust's stock valued at $3,508,000 after buying an additional 25,573 shares during the last quarter. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Stock Performance

Shares of STWD traded up $0.14 on Tuesday, reaching $20.40. 2,351,319 shares of the company's stock traded hands, compared to its average volume of 2,432,281. The stock's 50 day simple moving average is $19.15 and its two-hundred day simple moving average is $19.50. The stock has a market cap of $6.92 billion, a PE ratio of 17.43 and a beta of 1.25. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same period in the prior year, the business earned $0.59 earnings per share. On average, 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.41%. The ex-dividend date was Monday, March 31st. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on STWD shares. JPMorgan Chase & Co. raised their price target on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. UBS Group restated a "neutral" rating and set a $19.50 target price (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods dropped their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.83.

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.