Wellington Management Group LLP Makes New Investment in Starwood Property Trust, Inc. $STWD

Wellington Management Group LLP bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,083 shares of the real estate investment trust's stock, valued at approximately $516,000.

A number of other large investors also recently modified their holdings of the company. Northern Trust Corp lifted its stake in shares of Starwood Property Trust by 3.6% in the 1st quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust's stock valued at $108,326,000 after acquiring an additional 192,283 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Starwood Property Trust by 7.1% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 225,116 shares of the real estate investment trust's stock valued at $4,451,000 after acquiring an additional 14,922 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Starwood Property Trust by 5.5% in the 1st quarter. Raymond James Financial Inc. now owns 2,719,027 shares of the real estate investment trust's stock valued at $53,755,000 after acquiring an additional 141,689 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its stake in shares of Starwood Property Trust by 1.2% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 492,724 shares of the real estate investment trust's stock valued at $9,741,000 after acquiring an additional 5,925 shares during the last quarter. Finally, Ethic Inc. lifted its stake in shares of Starwood Property Trust by 4.5% in the 1st quarter. Ethic Inc. now owns 27,692 shares of the real estate investment trust's stock valued at $550,000 after acquiring an additional 1,186 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 0.6%

NYSE:STWD traded up $0.11 during trading hours on Friday, hitting $20.58. 2,525,558 shares of the company were exchanged, compared to its average volume of 2,288,854. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 18.88 and a beta of 1.28. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 2.90. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.17. The company has a fifty day simple moving average of $20.12 and a 200 day simple moving average of $19.76.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. The business had revenue of $444.28 million during the quarter, compared to analyst estimates of $477.00 million. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.Starwood Property Trust's revenue for the quarter was down 9.3% compared to the same quarter last year. During the same period last year, the company earned $0.48 EPS. Sell-side analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Tuesday, September 30th. Starwood Property Trust's dividend payout ratio (DPR) is presently 176.15%.

Analyst Ratings Changes

STWD has been the subject of a number of research reports. Keefe, Bruyette & Woods increased their price target on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. UBS Group increased their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. increased their price target on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research note on Monday, May 12th. Finally, Wall Street Zen upgraded Starwood Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $21.70.

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.