Adams Asset Advisors LLC Boosts Holdings in Starwood Property Trust, Inc. $STWD

Adams Asset Advisors LLC raised its position in Starwood Property Trust, Inc. (NYSE:STWD) by 97.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,530 shares of the real estate investment trust’s stock after acquiring an additional 31,821 shares during the period. Adams Asset Advisors LLC’s holdings in Starwood Property Trust were worth $1,162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of STWD. GAMMA Investing LLC increased its position in Starwood Property Trust by 14.8% during the 3rd quarter. GAMMA Investing LLC now owns 4,235 shares of the real estate investment trust’s stock valued at $82,000 after buying an additional 547 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of Starwood Property Trust by 3.5% during the third quarter. Park Avenue Securities LLC now owns 16,776 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 562 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Starwood Property Trust by 11.5% during the third quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 613 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Starwood Property Trust by 2.3% during the third quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock valued at $527,000 after acquiring an additional 621 shares in the last quarter. Finally, Corrado Advisors LLC raised its position in shares of Starwood Property Trust by 0.6% in the 3rd quarter. Corrado Advisors LLC now owns 103,079 shares of the real estate investment trust’s stock valued at $1,997,000 after purchasing an additional 665 shares during the last quarter. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Bank of America reiterated a “neutral” rating and set a $19.00 price objective on shares of Starwood Property Trust in a research note on Friday, March 6th. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $20.50 to $20.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Wells Fargo & Company dropped their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Thursday, February 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $19.90.

Starwood Property Trust Stock Up 0.0%

Starwood Property Trust stock opened at $17.05 on Monday. The business’s 50-day moving average price is $17.93 and its 200 day moving average price is $18.39. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 2.27 and a beta of 1.10. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.05.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The company had revenue of $492.95 million for the quarter, compared to analyst estimates of $469.53 million. Starwood Property Trust had a net margin of 22.32% and a return on equity of 8.16%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the business earned $0.48 earnings per share. As a group, sell-side analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Starwood Property Trust’s dividend payout ratio is presently 165.52%.

Starwood Property Trust announced that its board has approved a share repurchase program on Thursday, February 26th that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 6.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.