Columbus Macro LLC Purchases 44,954 Shares of Starwood Property Trust, Inc. $STWD

Columbus Macro LLC raised its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 9.9% in the 4th quarter, Holdings Channel reports. The firm owned 498,841 shares of the real estate investment trust’s stock after acquiring an additional 44,954 shares during the period. Columbus Macro LLC’s holdings in Starwood Property Trust were worth $8,984,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STWD. Vanguard Group Inc. boosted its stake in shares of Starwood Property Trust by 7.1% in the 3rd quarter. Vanguard Group Inc. now owns 32,976,364 shares of the real estate investment trust’s stock valued at $638,752,000 after purchasing an additional 2,193,085 shares in the last quarter. Nisa Investment Advisors LLC increased its position in Starwood Property Trust by 194.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 207,814 shares of the real estate investment trust’s stock worth $4,137,000 after purchasing an additional 137,294 shares in the last quarter. SkyOak Wealth LLC lifted its stake in Starwood Property Trust by 36.0% in the 3rd quarter. SkyOak Wealth LLC now owns 281,728 shares of the real estate investment trust’s stock valued at $5,457,000 after purchasing an additional 74,573 shares during the last quarter. Voya Investment Management LLC lifted its stake in Starwood Property Trust by 188.0% in the 3rd quarter. Voya Investment Management LLC now owns 102,328 shares of the real estate investment trust’s stock valued at $1,982,000 after purchasing an additional 66,795 shares during the last quarter. Finally, Argosy Lionbridge Management LLC boosted its position in Starwood Property Trust by 286.1% in the third quarter. Argosy Lionbridge Management LLC now owns 102,566 shares of the real estate investment trust’s stock valued at $1,987,000 after buying an additional 76,000 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

STWD has been the topic of a number of research reports. Wells Fargo & Company decreased their target price on shares of 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. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $20.50 to $20.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Finally, Bank of America reiterated a “neutral” rating and issued a $19.00 target price on shares of Starwood Property Trust in a research report on Friday, March 6th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Starwood Property Trust currently has a consensus rating of “Hold” and an average target price of $19.90.

Starwood Property Trust Trading Up 0.0%

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

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

Starwood Property Trust Dividend Announcement

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

Starwood Property Trust announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 26th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the real estate investment trust to buy up to 6.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is 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.