Baird Financial Group Inc. Purchases 13,286 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Baird Financial Group Inc. boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 14.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,099 shares of the real estate investment trust's stock after buying an additional 13,286 shares during the period. Baird Financial Group Inc.'s holdings in Starwood Property Trust were worth $1,992,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Benjamin Edwards Inc. raised its holdings in shares of Starwood Property Trust by 1.2% in the fourth quarter. Benjamin Edwards Inc. now owns 73,366 shares of the real estate investment trust's stock valued at $1,390,000 after purchasing an additional 874 shares during the last quarter. Alteri Wealth LLC purchased a new stake in shares of Starwood Property Trust in the fourth quarter valued at about $259,000. Aristeia Capital L.L.C. purchased a new stake in shares of Starwood Property Trust in the fourth quarter valued at about $436,000. Northern Trust Corp raised its holdings in shares of Starwood Property Trust by 16.2% in the fourth quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust's stock valued at $100,189,000 after purchasing an additional 736,699 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Starwood Property Trust by 0.7% in the fourth quarter. The Manufacturers Life Insurance Company now owns 283,360 shares of the real estate investment trust's stock valued at $5,370,000 after purchasing an additional 2,070 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Starwood Property Trust Stock Performance

STWD traded up $0.15 during trading on Friday, hitting $20.29. 2,009,938 shares of the company traded hands, compared to its average volume of 2,466,528. The firm has a market cap of $6.89 billion, a P/E ratio of 17.34 and a beta of 1.26. The stock's fifty day moving average is $19.17 and its 200 day moving average is $19.47. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.17.

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 for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). The business had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. During the same quarter in the prior year, the business earned $0.59 EPS. As a group, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.47%. Starwood Property Trust's dividend payout ratio is presently 202.11%.

Wall Street Analysts Forecast Growth

STWD has been the subject of several analyst reports. JPMorgan Chase & Co. increased their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. Keefe, Bruyette & Woods reduced their price target on shares of 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. Finally, UBS Group reduced their price target on shares of Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus target price of $21.75.

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.