Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by Marshall Wace LLP

Marshall Wace LLP increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 161.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,467 shares of the real estate investment trust’s stock after acquiring an additional 24,357 shares during the period. Marshall Wace LLP’s holdings in Starwood Property Trust were worth $748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of STWD. Aviance Capital Partners LLC acquired a new stake in shares of Starwood Property Trust during the 1st quarter valued at $1,773,000. Future Financial Wealth Managment LLC acquired a new position in shares of Starwood Property Trust in the 1st quarter valued at $44,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Starwood Property Trust in the 1st quarter valued at $26,000. Diversify Advisory Services LLC purchased a new position in Starwood Property Trust in the 1st quarter worth about $851,000. Finally, Vanguard Group Inc. raised its holdings in Starwood Property Trust by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 28,852,499 shares of the real estate investment trust’s stock worth $606,480,000 after buying an additional 72,461 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Up 0.6 %

Shares of Starwood Property Trust stock opened at $19.79 on Wednesday. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 14.24 and a beta of 1.70. The stock has a 50-day simple moving average of $20.08 and a 200-day simple moving average of $19.75. Starwood Property Trust, Inc. has a 52-week low of $17.07 and a 52-week high of $22.29. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.84 and a quick ratio of 1.84.

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

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.70%. The ex-dividend date is Monday, September 30th. Starwood Property Trust’s payout ratio is 138.13%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on STWD. JPMorgan Chase & Co. lifted their target price on shares of Starwood Property Trust from $20.00 to $20.50 and gave the stock an “overweight” rating in a research report on Tuesday, July 16th. Wells Fargo & Company increased their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. Keefe, Bruyette & Woods upgraded Starwood Property Trust from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $20.50 to $22.50 in a report on Thursday, September 5th. BTIG Research restated a “buy” rating and set a $24.00 price objective on shares of Starwood Property Trust in a research report on Friday, July 19th. Finally, Wolfe Research assumed coverage on Starwood Property Trust in a report on Tuesday, June 25th. They issued a “peer perform” rating on the stock. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.36.

Starwood Property Trust 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.