Starwood Property Trust, Inc. (NYSE:STWD) was the target of unusually large options trading activity on Monday. Investors bought 2,864 call options on the stock. This represents an increase of approximately 830% compared to the average daily volume of 308 call options.

In related news, CFO Rina Paniry sold 6,867 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the transaction, the chief financial officer now owns 100,026 shares in the company, valued at $2,196,570.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at approximately $2,375,180.52. The disclosure for this sale can be found here. Corporate insiders own 2.40% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC raised its position in shares of Starwood Property Trust by 33.1% in the second quarter. Janney Montgomery Scott LLC now owns 11,940 shares of the real estate investment trust’s stock valued at $267,000 after purchasing an additional 2,971 shares during the period. Sei Investments Co. raised its position in shares of Starwood Property Trust by 15.9% in the second quarter. Sei Investments Co. now owns 136,341 shares of the real estate investment trust’s stock valued at $3,053,000 after purchasing an additional 18,692 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Starwood Property Trust by 6.3% in the second quarter. Stratos Wealth Partners LTD. now owns 17,566 shares of the real estate investment trust’s stock valued at $393,000 after purchasing an additional 1,037 shares during the period. Baker Ellis Asset Management LLC raised its position in shares of Starwood Property Trust by 19.7% in the second quarter. Baker Ellis Asset Management LLC now owns 27,400 shares of the real estate investment trust’s stock valued at $613,000 after purchasing an additional 4,500 shares during the period. Finally, Global X Management Co. LLC raised its position in shares of Starwood Property Trust by 6.5% in the second quarter. Global X Management Co. LLC now owns 453,589 shares of the real estate investment trust’s stock valued at $10,156,000 after purchasing an additional 27,694 shares during the period. 67.53% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have issued reports on STWD. Zacks Investment Research raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. BidaskClub raised shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, ValuEngine lowered shares of Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Starwood Property Trust presently has an average rating of “Buy” and a consensus target price of $24.00.

Shares of Starwood Property Trust (NYSE:STWD) opened at $21.64 on Thursday. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.68. Starwood Property Trust has a 1 year low of $21.27 and a 1 year high of $23.01. The stock has a market cap of $5,679.33, a price-to-earnings ratio of 10.36, a price-to-earnings-growth ratio of 2.05 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. The firm had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. During the same period in the prior year, the firm posted $0.59 earnings per share. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. equities analysts anticipate that Starwood Property Trust will post 2.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is currently 116.36%.

WARNING: “Starwood Property Trust Target of Unusually High Options Trading (STWD)” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/12/07/starwood-property-trust-target-of-unusually-high-options-trading-stwd.html.

Starwood Property Trust Company Profile

Receive News & Ratings for Starwood Property Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.