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

Stratos Wealth Partners LTD. trimmed its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 63.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,463 shares of the real estate investment trust's stock after selling 18,115 shares during the period. Stratos Wealth Partners LTD.'s holdings in Starwood Property Trust were worth $207,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new position in Starwood Property Trust in the 4th quarter worth approximately $377,000. PNC Financial Services Group Inc. raised its holdings in shares of Starwood Property Trust by 78.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 22,979 shares of the real estate investment trust's stock valued at $435,000 after purchasing an additional 10,080 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Starwood Property Trust by 2.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 64,899 shares of the real estate investment trust's stock valued at $1,230,000 after purchasing an additional 1,531 shares in the last quarter. Swiss National Bank raised its holdings in shares of Starwood Property Trust by 6.7% during the 4th quarter. Swiss National Bank now owns 624,665 shares of the real estate investment trust's stock valued at $11,837,000 after purchasing an additional 39,200 shares in the last quarter. Finally, Natixis Advisors LLC grew its stake in Starwood Property Trust by 935.0% in the 4th quarter. Natixis Advisors LLC now owns 186,967 shares of the real estate investment trust's stock valued at $3,543,000 after buying an additional 168,903 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Down 0.2%

Starwood Property Trust stock traded down $0.04 during mid-day trading on Friday, hitting $19.67. 15,670,157 shares of the stock were exchanged, compared to its average volume of 2,617,906. 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, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The firm's fifty day simple moving average is $20.17 and its two-hundred day simple moving average is $19.61. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 20.71 and a beta of 1.24.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its quarterly earnings data 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 company 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 business earned $0.59 EPS. Analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date of this dividend is Tuesday, September 30th. Starwood Property Trust's payout ratio is 202.11%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. UBS Group raised their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 15th. JPMorgan Chase & Co. lifted 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 report on Monday, May 12th. Finally, Keefe, Bruyette & Woods lifted 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 report on Thursday, July 10th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.70.

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.