MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $18.12 Million Stake in Starwood Property Trust, Inc. (NYSE:STWD)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 956,368 shares of the real estate investment trust's stock after purchasing an additional 54,534 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.28% of Starwood Property Trust worth $18,123,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STWD. Albion Financial Group UT bought a new position in Starwood Property Trust in the 4th quarter worth approximately $28,000. Brooklyn Investment Group increased its position in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 730 shares during the period. Quarry LP bought a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $31,000. UMB Bank n.a. increased its position 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 during the period. Finally, Smartleaf Asset Management LLC increased its position in shares of Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 854 shares during the period. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Down 1.2%

Shares of STWD traded down $0.24 during trading hours on Wednesday, hitting $19.73. 555,220 shares of the stock traded hands, compared to its average volume of 2,458,068. 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. The firm has a market capitalization of $6.70 billion, a PE ratio of 16.85 and a beta of 1.26. The business has a fifty day moving average of $19.19 and a 200-day moving average of $19.48.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly 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 net margin of 18.82% and a return on equity of 9.93%. The firm had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. During the same period last year, the company earned $0.59 EPS. Analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.73%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's payout ratio is 202.11%.

Analysts Set New Price Targets

STWD has been the topic of several research analyst reports. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. UBS Group increased their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock a "neutral" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock an "overweight" rating in a report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $21.83.

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.