Starwood Property Trust Sees Unusually Large Options Volume (NYSE:STWD)

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) was the target of unusually large options trading on Friday. Investors acquired 4,237 call options on the stock. This represents an increase of 57% compared to the average daily volume of 2,705 call options.

Analysts Set New Price Targets

Several brokerages recently weighed in on STWD. 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 research report on Monday, April 7th. UBS Group reiterated a "neutral" rating and issued a $19.50 target price (up from $19.00) on shares of Starwood Property Trust in a research report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. increased their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a research report on Monday, May 12th. Two 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $21.83.

Hedge Funds Weigh In On Starwood Property Trust

A number of hedge funds have recently made changes to their positions in STWD. Meeder Asset Management Inc. acquired a new stake in Starwood Property Trust during the first quarter worth approximately $25,000. Alpine Bank Wealth Management acquired a new stake in Starwood Property Trust during the first quarter worth approximately $25,000. PSI Advisors LLC acquired a new stake in Starwood Property Trust during the first quarter worth approximately $28,000. SVB Wealth LLC acquired a new stake in Starwood Property Trust during the first quarter worth approximately $30,000. Finally, Quarry LP acquired a new stake in Starwood Property Trust during the fourth quarter worth approximately $31,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 1.0%

Shares of STWD traded up $0.20 during mid-day trading on Monday, reaching $20.25. 2,616,581 shares of the company were exchanged, compared to its average volume of 2,442,696. Starwood Property Trust has a 52 week low of $16.59 and a 52 week high of $21.17. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. The stock has a market capitalization of $6.87 billion, a PE ratio of 21.32 and a beta of 1.26. The business has a 50 day simple moving average of $19.54 and a two-hundred day simple moving average of $19.49.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. During the same quarter last year, the business earned $0.59 earnings per share. On average, analysts predict that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Wednesday, July 30th will be given a dividend of $0.48 per share. The ex-dividend date is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.48%. Starwood Property Trust's dividend payout ratio (DPR) is 202.11%.

About Starwood Property Trust

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.