Hsbc Holdings PLC Cuts Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Hsbc Holdings PLC decreased its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 52.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,242 shares of the real estate investment trust's stock after selling 20,029 shares during the period. Hsbc Holdings PLC's holdings in Starwood Property Trust were worth $346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Albion Financial Group UT bought a new position in shares of Starwood Property Trust in the fourth quarter worth approximately $28,000. Brooklyn Investment Group boosted its position in Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 730 shares during the period. UMB Bank n.a. increased its position in shares of Starwood Property Trust by 69.7% in 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 acquiring an additional 717 shares during the period. Smartleaf Asset Management LLC raised its stake 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 acquiring an additional 854 shares during the last quarter. Finally, Hurley Capital LLC purchased 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.

Analyst Upgrades and Downgrades

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

Starwood Property Trust Stock Up 0.7 %

STWD stock traded up $0.13 during midday trading on Friday, hitting $19.17. The stock had a trading volume of 2,368,766 shares, compared to its average volume of 2,449,765. The business has a 50-day moving average of $19.19 and a two-hundred day moving average of $19.47. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The firm 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 52-week low of $16.59 and a 52-week high of $21.17.

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 return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $418.18 million during the quarter, compared to the consensus estimate of $469.00 million. During the same quarter in the previous year, the business earned $0.59 earnings per share. As a group, equities research 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 declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.48 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.02%. Starwood Property Trust's dividend payout ratio is currently 174.55%.

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.