Stratos Wealth Partners LTD. Decreases Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Stratos Wealth Partners LTD. lessened its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 63.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 10,463 shares of the real estate investment trust's stock after selling 18,115 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Starwood Property Trust were worth $207,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. boosted 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. Northern Trust Corp raised its position in shares of Starwood Property Trust by 16.2% during the 4th 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. Norges Bank acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth about $63,044,000. Raymond James Financial Inc. acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth about $48,841,000. Finally, Adage Capital Partners GP L.L.C. raised its position in shares of Starwood Property Trust by 17.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,648,904 shares of the real estate investment trust's stock worth $31,247,000 after acquiring an additional 248,904 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on STWD. UBS Group raised their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday. JPMorgan Chase & Co. raised their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a research report on Monday, May 12th. Finally, Keefe, Bruyette & Woods raised their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $22.08.

Starwood Property Trust Trading Up 1.0%

STWD opened at $20.85 on Thursday. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 21.94 and a beta of 1.24. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17. The business's 50 day moving average is $20.14 and its two-hundred day moving average is $19.60. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its quarterly 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). The firm had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same period last year, the firm earned $0.59 EPS. On average, research analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.21%. The ex-dividend date of this dividend was Monday, June 30th. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

Starwood Property Trust 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.

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