Interval Partners LP Trims Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Interval Partners LP lowered its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 42.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,531 shares of the real estate investment trust's stock after selling 39,138 shares during the quarter. Interval Partners LP's holdings in Starwood Property Trust were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Starwood Property Trust by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock valued at $586,375,000 after acquiring an additional 377,939 shares in the last quarter. Northern Trust Corp lifted its holdings in Starwood Property Trust by 16.2% in 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 purchasing an additional 736,699 shares in the last quarter. Norges Bank bought a new position in Starwood Property Trust in the 4th quarter worth approximately $63,044,000. Bank of New York Mellon Corp boosted its stake in Starwood Property Trust by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock worth $50,593,000 after purchasing an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Starwood Property Trust during the 4th quarter valued at approximately $48,841,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on STWD shares. JPMorgan Chase & Co. boosted their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a report on Monday. Keefe, Bruyette & Woods reduced their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. Finally, UBS Group dropped their price objective on shares of Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $21.93.

Starwood Property Trust Price Performance

Shares of STWD stock traded up $0.15 on Friday, reaching $20.29. The company's stock had a trading volume of 2,009,938 shares, compared to its average volume of 2,462,973. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 17.34 and a beta of 1.26. The stock's fifty day simple moving average is $19.16 and its 200-day simple moving average is $19.47. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. 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 announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. During the same quarter in the prior year, the company posted $0.59 earnings per share. Analysts forecast that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 9.47%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's payout ratio 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.