Starwood Property Trust, Inc. $STWD Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,194,942 shares of the real estate investment trust's stock after buying an additional 41,845 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.65% of Starwood Property Trust worth $43,394,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC lifted its holdings in Starwood Property Trust by 127.4% in the 1st quarter. New Age Alpha Advisors LLC now owns 7,333 shares of the real estate investment trust's stock worth $145,000 after buying an additional 4,108 shares in the last quarter. Clearstead Trust LLC raised its stake in shares of Starwood Property Trust by 6.5% in the 1st quarter. Clearstead Trust LLC now owns 11,964 shares of the real estate investment trust's stock valued at $237,000 after purchasing an additional 735 shares in the last quarter. Blair William & Co. IL raised its stake in shares of Starwood Property Trust by 5.8% in the 1st quarter. Blair William & Co. IL now owns 426,790 shares of the real estate investment trust's stock valued at $8,438,000 after purchasing an additional 23,579 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Starwood Property Trust by 21.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 27,971 shares of the real estate investment trust's stock valued at $553,000 after purchasing an additional 4,992 shares in the last quarter. Finally, Natixis Advisors LLC raised its stake in shares of Starwood Property Trust by 11.2% in the 1st quarter. Natixis Advisors LLC now owns 207,841 shares of the real estate investment trust's stock valued at $4,109,000 after purchasing an additional 20,874 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Starwood Property Trust Price Performance

Shares of NYSE:STWD opened at $19.87 on Monday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.90. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17. The firm has a 50-day simple moving average of $20.14 and a 200 day simple moving average of $19.71. The company has a market cap of $7.30 billion, a PE ratio of 18.23 and a beta of 1.26.

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

Starwood Property Trust Dividend Announcement

The firm also recently disclosed 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 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

A number of equities research analysts have recently issued reports on STWD shares. UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. upped their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research note on Monday, May 12th. Keefe, Bruyette & Woods upped their target price on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. Finally, Wall Street Zen upgraded shares of Starwood Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $21.70.

About Starwood Property Trust

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.

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