Adams Asset Advisors LLC Buys 29,603 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Adams Asset Advisors LLC grew its position in Starwood Property Trust, Inc. (NYSE:STWD) by 60.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 78,634 shares of the real estate investment trust’s stock after buying an additional 29,603 shares during the period. Adams Asset Advisors LLC’s holdings in Starwood Property Trust were worth $1,490,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Everence Capital Management Inc. bought a new position in Starwood Property Trust in the fourth quarter valued at approximately $192,000. Retirement Systems of Alabama boosted its position in shares of Starwood Property Trust by 4.1% in the 3rd quarter. Retirement Systems of Alabama now owns 385,672 shares of the real estate investment trust’s stock worth $7,860,000 after purchasing an additional 15,198 shares during the last quarter. Tidal Investments LLC grew its stake in shares of Starwood Property Trust by 22.0% during the third quarter. Tidal Investments LLC now owns 27,351 shares of the real estate investment trust’s stock worth $557,000 after purchasing an additional 4,930 shares during the period. Sanctuary Advisors LLC lifted its stake in Starwood Property Trust by 0.8% in the third quarter. Sanctuary Advisors LLC now owns 144,152 shares of the real estate investment trust’s stock valued at $2,871,000 after buying an additional 1,173 shares during the period. Finally, Virtu Financial LLC bought a new position in Starwood Property Trust during the third quarter worth about $325,000. Institutional investors own 49.82% of the company’s stock.

Analysts Set New Price Targets

STWD has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. UBS Group raised their price objective 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. JPMorgan Chase & Co. lowered their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. Finally, JMP Securities lowered their target price on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Up 0.3 %

NYSE:STWD traded up $0.06 on Monday, hitting $18.47. 1,415,990 shares of the company’s stock were exchanged, compared to its average volume of 2,159,872. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.19. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a 50-day moving average price of $19.62 and a 200-day moving average price of $19.82. The company has a market cap of $6.23 billion, a P/E ratio of 15.79 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.05. The firm had revenue of $479.50 million for the quarter, compared to analyst estimates 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 firm posted $0.46 earnings per share. As a group, analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.40%. Starwood Property Trust’s dividend payout ratio 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.