Seneca House Advisors lifted its position in Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 13.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 442,176 shares of the real estate investment trust’s stock after purchasing an additional 50,751 shares during the quarter. Starwood Property Trust makes up 3.3% of Seneca House Advisors’ holdings, making the stock its 10th biggest holding. Seneca House Advisors’ holdings in Starwood Property Trust were worth $8,379,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in shares of Starwood Property Trust by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 316,834 shares of the real estate investment trust’s stock worth $6,001,000 after buying an additional 19,031 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Starwood Property Trust by 10.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,948 shares of the real estate investment trust’s stock worth $658,000 after acquiring an additional 3,366 shares during the last quarter. Marshall Wace LLP increased its position in shares of Starwood Property Trust by 161.2% in the second quarter. Marshall Wace LLP now owns 39,467 shares of the real estate investment trust’s stock valued at $748,000 after acquiring an additional 24,357 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Starwood Property Trust during the second quarter valued at about $244,000. Finally, Squarepoint Ops LLC grew its stake in shares of Starwood Property Trust by 1,490.6% in the second quarter. Squarepoint Ops LLC now owns 150,436 shares of the real estate investment trust’s stock worth $2,849,000 after purchasing an additional 161,254 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
STWD has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday. UBS Group raised their price target on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. JMP Securities reduced their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Three 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.13.
Starwood Property Trust Trading Up 0.2 %
Starwood Property Trust stock opened at $19.06 on Friday. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.19. The company has a market capitalization of $6.42 billion, a price-to-earnings ratio of 16.29 and a beta of 1.69. The business’s fifty day simple moving average is $19.55 and its two-hundred day simple moving average is $19.82. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61.
Starwood Property Trust (NYSE:STWD – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The company had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. Starwood Property Trust’s revenue was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.46 EPS. As a group, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.
Starwood Property Trust Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 10.08%. The ex-dividend date of this dividend was Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is currently 164.10%.
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.
Read More
- Five stocks we like better than Starwood Property Trust
- 3 Warren Buffett Stocks to Buy Now
- Procter & Gamble Proves It’s No Gamble: Uptrend Remains Strong
- There Are Different Types of Stock To Invest In
- Should You Buy the Oil Dip? Top Energy Stocks to Hold Now
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Market Momentum: 3 Stocks Poised for Significant Breakouts
Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD – Free Report).
Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.