Mercer Global Advisors Inc. ADV Sells 23,038 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Mercer Global Advisors Inc. ADV cut its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 13.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,821 shares of the real estate investment trust's stock after selling 23,038 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Starwood Property Trust were worth $2,839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in STWD. Albion Financial Group UT acquired a new position in shares of Starwood Property Trust during the fourth quarter worth $28,000. Brooklyn Investment Group increased its holdings in Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 730 shares in the last quarter. Quarry LP bought a new position in Starwood Property Trust in the fourth quarter valued at about $31,000. UMB Bank n.a. boosted its stake in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 717 shares in the last quarter. Finally, Hurley Capital LLC bought a new stake in shares of Starwood Property Trust during the fourth quarter worth about $36,000. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Trading Up 0.7 %

STWD stock traded up $0.13 during mid-day trading on Friday, reaching $19.17. The company's stock had a trading volume of 2,368,766 shares, compared to its average volume of 2,449,961. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 16.38 and a beta of 1.26. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The business's 50 day moving average price is $19.19 and its 200 day moving average price 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 (NYSE:STWD - Get Free Report) last issued 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). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same period in the prior year, the company earned $0.59 earnings per share. On average, equities 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.48 per share. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.02%. Starwood Property Trust's dividend payout ratio is 174.55%.

Wall Street Analyst Weigh In

STWD has been the topic of several recent research reports. JPMorgan Chase & Co. cut their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. UBS Group reduced their price objective on shares of Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. Finally, Keefe, Bruyette & Woods lowered their target price on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $21.86.

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.