MGO One Seven LLC Has $1.01 Million Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

MGO One Seven LLC reduced its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,161 shares of the real estate investment trust’s stock after selling 1,716 shares during the period. MGO One Seven LLC’s holdings in Starwood Property Trust were worth $1,007,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Headlands Technologies LLC bought a new stake in shares of Starwood Property Trust in the second quarter valued at about $112,000. Edgemoor Investment Advisors Inc. lifted its position in shares of Starwood Property Trust by 5.2% in the 2nd quarter. Edgemoor Investment Advisors Inc. now owns 186,832 shares of the real estate investment trust’s stock worth $3,539,000 after acquiring an additional 9,175 shares during the period. Choreo LLC acquired a new stake in shares of Starwood Property Trust during the 2nd quarter worth approximately $328,000. PFG Investments LLC increased its position in shares of Starwood Property Trust by 60.3% during the second quarter. PFG Investments LLC now owns 32,624 shares of the real estate investment trust’s stock valued at $618,000 after purchasing an additional 12,271 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Starwood Property Trust during the second quarter valued at approximately $74,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 1.4 %

Shares of STWD stock opened at $20.20 on Friday. The company has a market capitalization of $6.40 billion, a P/E ratio of 14.53 and a beta of 1.70. Starwood Property Trust, Inc. has a 12-month low of $17.07 and a 12-month high of $22.29. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 2.80. The firm has a 50-day moving average price of $19.89 and a 200 day moving average price of $19.73.

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

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.48 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.92 annualized dividend and a yield of 9.51%. Starwood Property Trust’s payout ratio is 138.13%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on STWD. BTIG Research reiterated a “buy” rating and set a $24.00 price target on shares of Starwood Property Trust in a research note on Friday, July 19th. JPMorgan Chase & Co. lifted their target price on shares of Starwood Property Trust from $20.00 to $20.50 and gave the company an “overweight” rating in a research report on Tuesday, July 16th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Finally, Wolfe Research initiated coverage on Starwood Property Trust in a report on Tuesday, June 25th. They set a “peer perform” rating on the stock. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus target price of $22.07.

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.