Hennion & Walsh Asset Management Inc. Grows Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Hennion & Walsh Asset Management Inc. grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,528 shares of the real estate investment trust’s stock after acquiring an additional 571 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Starwood Property Trust were worth $654,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in STWD. Envestnet Asset Management Inc. boosted its holdings in shares of Starwood Property Trust by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 316,834 shares of the real estate investment trust’s stock valued at $6,001,000 after acquiring an additional 19,031 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Starwood Property Trust by 10.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 34,948 shares of the real estate investment trust’s stock worth $658,000 after buying an additional 3,366 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Starwood Property Trust by 3.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 70,896 shares of the real estate investment trust’s stock worth $1,343,000 after buying an additional 2,467 shares in the last quarter. Frank Rimerman Advisors LLC purchased a new stake in Starwood Property Trust during the second quarter worth $1,126,000. Finally, Altshuler Shaham Ltd purchased a new stake in Starwood Property Trust during the second quarter worth $28,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on STWD. Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their price target on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. JMP Securities lowered their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a report on Thursday, November 7th. Finally, UBS Group increased their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.19.

Starwood Property Trust Stock Performance

STWD opened at $19.39 on Tuesday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market cap of $6.54 billion, a price-to-earnings ratio of 16.57 and a beta of 1.69. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.19. The firm’s fifty day simple moving average is $19.57 and its two-hundred day simple moving average is $19.83.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $479.50 million during 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%. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.46 earnings per share. Equities analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.90%. The ex-dividend date was Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is 164.10%.

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.