Dean Capital Investments Management LLC lowered its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,928 shares of the real estate investment trust’s stock after selling 1,027 shares during the period. Dean Capital Investments Management LLC’s holdings in Starwood Property Trust were worth $580,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the stock. Lenox Wealth Advisors LLC purchased a new position in shares of Starwood Property Trust during the third quarter valued at approximately $25,000. AdvisorNet Financial Inc raised its holdings in shares of Starwood Property Trust by 484.9% during the third quarter. AdvisorNet Financial Inc now owns 1,088 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 902 shares during the last quarter. Valeo Financial Advisors LLC purchased a new position in shares of Starwood Property Trust during the second quarter valued at approximately $27,000. Pacific Center for Financial Services purchased a new position in shares of Starwood Property Trust during the second quarter valued at approximately $27,000. Finally, Sandy Spring Bank purchased a new position in shares of Starwood Property Trust during the second quarter valued at approximately $28,000. 62.83% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts have commented on the stock. Zacks Investment Research cut shares of Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Raymond James upped their target price on shares of Starwood Property Trust from $24.00 to $27.00 and gave the company an “outperform” rating in a report on Wednesday, August 14th.
STWD stock traded down $0.02 during midday trading on Tuesday, reaching $24.15. 12,351 shares of the company’s stock traded hands, compared to its average volume of 1,208,826. Starwood Property Trust, Inc. has a 52-week low of $19.16 and a 52-week high of $24.96. The stock has a market cap of $6.83 billion, a P/E ratio of 11.43 and a beta of 0.57. The company has a current ratio of 1.91, a quick ratio of 2.61 and a debt-to-equity ratio of 2.26. The stock’s 50-day moving average is $24.35 and its 200 day moving average is $23.44.
Starwood Property Trust (NYSE:STWD) last announced its earnings results on Friday, November 8th. The real estate investment trust reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.02. Starwood Property Trust had a net margin of 34.61% and a return on equity of 10.49%. The business had revenue of $288.33 million during the quarter, compared to analysts’ expectations of $327.04 million. During the same period in the prior year, the company earned $0.53 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. As a group, research analysts expect that Starwood Property Trust, Inc. will post 1.75 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.92 dividend on an annualized basis and a yield of 7.95%. Starwood Property Trust’s dividend payout ratio is currently 91.00%.
Starwood Property Trust Company Profile
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.
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