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

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

Other hedge funds have also made changes to their positions in the company. Alpine Bank Wealth Management purchased a new stake in shares of Starwood Property Trust in the first quarter worth approximately $25,000. PSI Advisors LLC acquired a new position in Starwood Property Trust in the first quarter worth approximately $28,000. Quarry LP acquired a new position in Starwood Property Trust in the fourth quarter worth approximately $31,000. Hurley Capital LLC acquired a new position in Starwood Property Trust in the fourth quarter worth approximately $36,000. Finally, Smartleaf Asset Management LLC increased its holdings in Starwood Property Trust by 83.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after buying an additional 854 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

STWD has been the topic of a number of research reports. Keefe, Bruyette & Woods increased their price objective on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th. Finally, UBS Group reissued a "neutral" rating and issued a $19.50 price target (up previously from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. One 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, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus target price of $22.00.

Starwood Property Trust Stock Performance

Shares of NYSE:STWD traded up $0.23 during trading on Thursday, reaching $20.97. The stock had a trading volume of 2,245,064 shares, compared to its average volume of 2,456,374. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 22.07 and a beta of 1.24. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73. The stock has a fifty day simple moving average of $19.97 and a two-hundred day simple moving average of $19.55.

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 analysts' consensus estimates 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 company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period last year, the firm posted $0.59 EPS. As a group, 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Wednesday, July 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.16%. The ex-dividend date is Monday, June 30th. Starwood Property Trust's dividend payout ratio (DPR) is currently 202.11%.

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.