Charles Schwab Investment Management Inc. Buys 41,845 Shares of Starwood Property Trust, Inc. $STWD

Charles Schwab Investment Management Inc. lifted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 1.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,194,942 shares of the real estate investment trust's stock after acquiring an additional 41,845 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.65% of Starwood Property Trust worth $43,394,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of Starwood Property Trust by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 737,047 shares of the real estate investment trust's stock worth $14,571,000 after acquiring an additional 2,993 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Starwood Property Trust during the 1st quarter worth $925,000. Oppenheimer & Co. Inc. lifted its holdings in shares of Starwood Property Trust by 73.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 85,774 shares of the real estate investment trust's stock worth $1,696,000 after acquiring an additional 36,209 shares during the last quarter. Highland Capital Management LLC lifted its holdings in shares of Starwood Property Trust by 68.2% during the 1st quarter. Highland Capital Management LLC now owns 76,450 shares of the real estate investment trust's stock worth $1,511,000 after acquiring an additional 31,000 shares during the last quarter. Finally, Pinion Investment Advisors LLC lifted its holdings in shares of Starwood Property Trust by 120.9% during the 1st quarter. Pinion Investment Advisors LLC now owns 56,482 shares of the real estate investment trust's stock worth $1,117,000 after acquiring an additional 30,908 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on STWD shares. UBS Group lifted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Keefe, Bruyette & Woods boosted their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Thursday, July 10th. Wall Street Zen raised shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research note on Monday, May 12th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $21.70.

Starwood Property Trust Trading Up 1.7%

Starwood Property Trust stock traded up $0.3310 during mid-day trading on Friday, hitting $20.2210. The company's stock had a trading volume of 754,338 shares, compared to its average volume of 2,888,527. The stock has a market cap of $7.42 billion, a price-to-earnings ratio of 18.56 and a beta of 1.26. The business has a 50 day moving average price of $20.11 and a 200-day moving average price of $19.72. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.61 and a quick ratio of 1.61. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $444.28 million during the quarter, compared to the consensus estimate of $477.00 million. Starwood Property Trust had a net margin of 20.58% and a return on equity of 8.72%. The company's quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 earnings per share. As a group, 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio is 176.15%.

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.