Twin Lakes Capital Management LLC Invests $2.58 Million in Starwood Property Trust, Inc. $STWD

Twin Lakes Capital Management LLC bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 157,198 shares of the real estate investment trust's stock, valued at approximately $2,575,000. Starwood Property Trust comprises about 1.0% of Twin Lakes Capital Management LLC's portfolio, making the stock its 26th biggest holding.

A number of other large investors have also added to or reduced their stakes in the business. CENTRAL TRUST Co increased its holdings in shares of Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 908 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Starwood Property Trust in the 4th quarter valued at about $28,000. Versant Capital Management Inc lifted its position in Starwood Property Trust by 293.2% during the second quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust's stock worth $32,000 after acquiring an additional 1,457 shares during the last quarter. Orion Capital Management LLC bought a new stake in shares of Starwood Property Trust during the second quarter worth approximately $33,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Starwood Property Trust by 169.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust's stock worth $59,000 after acquiring an additional 2,053 shares during the period. Institutional investors own 49.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on STWD shares. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $19.00 to $18.50 and set an "overweight" rating for the company in a report on Tuesday, August 18th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Starwood Property Trust in a report on Friday, August 7th. Wells Fargo & Company set a $20.00 price objective on Starwood Property Trust in a research report on Monday, August 17th. UBS Group initiated coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a "buy" rating and a $20.00 target price for the company. Finally, Zacks Research upgraded shares of Starwood Property Trust from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and an average target price of $19.20.

Starwood Property Trust Trading Down 0.8%

STWD opened at $15.81 on Friday. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 26.80, a P/E/G ratio of 2.10 and a beta of 0.98. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust, Inc. has a twelve month low of $15.51 and a twelve month high of $20.84. The company has a 50-day simple moving average of $16.45 and a 200 day simple moving average of $17.19.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The firm had revenue of $201.42 million for the quarter, compared to analyst estimates of $521.67 million. During the same period last year, the firm earned $0.43 EPS. The business's quarterly revenue was up 15.6% compared to the same quarter last year. Analysts predict that Starwood Property Trust, Inc. will post 1.4 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 12.1%. The ex-dividend date was Tuesday, June 30th. Starwood Property Trust's payout ratio is currently 325.42%.

Starwood Property Trust Company Profile

Starwood Property Trust NYSE: STWD is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company's portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.

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