Albion Financial Group UT Buys New Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Albion Financial Group UT bought a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,471 shares of the real estate investment trust’s stock, valued at approximately $28,000.

Other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after purchasing an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Starwood Property Trust by 147.2% during the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Starwood Property Trust by 66.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after acquiring an additional 90,046 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Starwood Property Trust in the third quarter worth $2,250,000. Finally, Quest Partners LLC increased its position in Starwood Property Trust by 128.7% during the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock worth $1,360,000 after acquiring an additional 37,554 shares during the period. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Down 1.3 %

STWD stock opened at $19.02 on Thursday. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.19. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The business’s 50 day moving average is $19.56 and its 200-day moving average is $19.83. The firm has a market cap of $6.41 billion, a P/E ratio of 16.25 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business’s revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 10.10%. The ex-dividend date was Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio is currently 164.10%.

Analyst Ratings Changes

A number of brokerages have weighed in on STWD. UBS Group increased their price target 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. Keefe, Bruyette & Woods reduced 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 note on Tuesday, January 14th. JMP Securities cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.13.

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.