Signaturefd LLC Sells 943 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Signaturefd LLC lessened its position in Starwood Property Trust, Inc. (NYSE:STWD) by 7.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,954 shares of the real estate investment trust’s stock after selling 943 shares during the quarter. Signaturefd LLC’s holdings in Starwood Property Trust were worth $226,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC purchased a new stake in Starwood Property Trust in the 4th quarter worth about $26,000. Allspring Global Investments Holdings LLC bought a new position in shares of Starwood Property Trust during the first quarter valued at approximately $26,000. ICA Group Wealth Management LLC purchased a new stake in shares of Starwood Property Trust in the fourth quarter worth approximately $28,000. Cape Investment Advisory Inc. bought a new stake in shares of Starwood Property Trust during the 4th quarter worth approximately $32,000. Finally, Core Wealth Advisors Inc. purchased a new position in Starwood Property Trust during the 4th quarter valued at $32,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

STWD has been the subject of several research analyst reports. Wolfe Research assumed coverage on Starwood Property Trust in a research report on Tuesday, June 25th. They set a “peer perform” rating for the company. Raymond James decreased their price objective on shares of Starwood Property Trust from $23.50 to $23.00 and set a “strong-buy” rating for the company in a report on Thursday, May 16th. BTIG Research restated a “buy” rating and issued a $24.00 target price on shares of Starwood Property Trust in a research note on Friday, July 19th. Keefe, Bruyette & Woods lifted their price target on shares of Starwood Property Trust from $20.00 to $20.50 and gave the company a “market perform” rating in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. increased their price objective on Starwood Property Trust from $20.00 to $20.50 and gave the stock an “overweight” rating in a research note on Tuesday, July 16th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.79.

Starwood Property Trust Trading Up 0.6 %

NYSE:STWD opened at $20.84 on Monday. The firm has a 50-day simple moving average of $19.71 and a 200-day simple moving average of $19.71. Starwood Property Trust, Inc. has a one year low of $17.07 and a one year high of $22.29. The firm has a market cap of $6.60 billion, a P/E ratio of 14.99 and a beta of 1.69. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.84 and a current ratio of 1.84.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Tuesday, August 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.04. The company had revenue of $489.80 million during the quarter, compared to the consensus estimate of $505.23 million. Starwood Property Trust had a net margin of 17.05% and a return on equity of 10.03%. Starwood Property Trust’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.47 earnings per share. Equities analysts anticipate that Starwood Property Trust, Inc. will post 1.89 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.21%. The ex-dividend date is Monday, September 30th. Starwood Property Trust’s payout ratio is currently 138.13%.

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.