Stratos Wealth Advisors LLC Decreases Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Stratos Wealth Advisors LLC decreased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 18.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of STWD. Alpine Bank Wealth Management bought a new position in Starwood Property Trust in the 1st quarter valued at about $25,000. PSI Advisors LLC purchased a new stake in shares of Starwood Property Trust in the first quarter worth approximately $28,000. Quarry LP purchased a new stake in shares of Starwood Property Trust in the fourth quarter worth approximately $31,000. Hurley Capital LLC bought a new position in shares of Starwood Property Trust in the fourth quarter valued at approximately $36,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 854 shares during the last quarter. Institutional investors own 49.82% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. UBS Group reissued a "neutral" rating and issued a $19.50 price target (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. JPMorgan Chase & Co. increased their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research report on Thursday. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $22.00.

Starwood Property Trust Stock Performance

STWD stock traded down $0.09 during midday trading on Friday, hitting $20.88. The company's stock had a trading volume of 2,034,949 shares, compared to its average volume of 2,457,474. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of 21.98 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's 50-day moving average price is $20.04 and its 200 day moving average price is $19.57. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share 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 during the quarter, compared to analysts' expectations of $469.00 million. During the same period last year, the firm posted $0.59 earnings per share. On average, equities 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 Tuesday, July 15th. Stockholders of record on Wednesday, July 30th will be given a $0.48 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.20%. Starwood Property Trust's dividend payout ratio (DPR) is currently 202.11%.

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.