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

Seneca House Advisors boosted its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 8.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 477,461 shares of the real estate investment trust's stock after purchasing an additional 35,285 shares during the quarter. Starwood Property Trust makes up approximately 3.9% of Seneca House Advisors' investment portfolio, making the stock its 7th largest holding. Seneca House Advisors owned about 0.14% of Starwood Property Trust worth $9,439,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in STWD. Janney Montgomery Scott LLC increased its holdings in shares of Starwood Property Trust by 21.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 35,553 shares of the real estate investment trust's stock valued at $674,000 after acquiring an additional 6,288 shares in the last quarter. Retirement Systems of Alabama increased its holdings in shares of Starwood Property Trust by 1.0% during 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 acquiring an additional 3,788 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in shares of Starwood Property Trust by 16.9% during the fourth quarter. Bleakley Financial Group LLC now owns 31,046 shares of the real estate investment trust's stock valued at $588,000 after acquiring an additional 4,496 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Starwood Property Trust by 11.2% during the fourth quarter. Empowered Funds LLC now owns 12,941 shares of the real estate investment trust's stock valued at $245,000 after acquiring 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 fourth 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. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 0.7%

Starwood Property Trust stock traded up $0.15 during midday trading on Friday, reaching $20.20. 1,807,355 shares of the stock traded hands, compared to its average volume of 2,429,469. The company has a 50-day simple moving average of $19.12 and a two-hundred day simple moving average of $19.50. Starwood Property Trust, Inc. has a 12-month low of $16.59 and a 12-month high of $21.17. The firm has a market cap of $6.86 billion, a PE ratio of 17.27 and a beta of 1.25. 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 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same quarter last year, the business earned $0.59 earnings per share. Research analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's dividend payout ratio is currently 202.11%.

Analysts Set New Price Targets

STWD has been the topic of a number of recent research reports. UBS Group reiterated a "neutral" rating and issued a $19.50 target price (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. JPMorgan Chase & Co. upped their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research note on Monday, May 12th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust has an average rating of "Moderate Buy" and an average 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.