Stratos Wealth Advisors LLC Sells 15,099 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Stratos Wealth Advisors LLC cut its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 18.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,149 shares of the real estate investment trust's stock after selling 15,099 shares during the period. Stratos Wealth Advisors LLC's holdings in Starwood Property Trust were worth $1,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in Starwood Property Trust during the 4th quarter worth $63,044,000. Raymond James Financial Inc. bought a new position in Starwood Property Trust during the fourth quarter worth $48,841,000. Northern Trust Corp boosted its stake in Starwood Property Trust by 16.2% during the fourth quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock worth $100,189,000 after acquiring an additional 736,699 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Starwood Property Trust by 305.4% in the 4th quarter. Focus Partners Wealth now owns 670,093 shares of the real estate investment trust's stock valued at $12,699,000 after buying an additional 504,812 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Starwood Property Trust by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock valued at $586,375,000 after buying an additional 377,939 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock traded down $0.09 during mid-day trading on Friday, hitting $20.88. 2,034,949 shares of the stock were exchanged, compared to its average volume of 2,451,480. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The company has a 50-day simple moving average of $20.04 and a 200 day simple moving average of $19.57. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. The company has a market capitalization of $7.09 billion, a P/E ratio of 21.98 and a beta of 1.24.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The firm had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period in the prior year, the business earned $0.59 EPS. Sell-side analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be given a dividend of $0.48 per share. The ex-dividend date is Monday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 9.20%. Starwood Property Trust's dividend payout ratio is currently 202.11%.

Analyst Ratings Changes

STWD has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their price target on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price target on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research note on Monday, May 12th. Finally, UBS Group reiterated a "neutral" rating and set a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research note on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $22.00.

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.