Foundations Investment Advisors LLC Acquires 39,012 Shares of Starwood Property Trust, Inc. $STWD

Foundations Investment Advisors LLC grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 197.0% in the 4th quarter, HoldingsChannel reports. The firm owned 58,815 shares of the real estate investment trust’s stock after buying an additional 39,012 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Starwood Property Trust were worth $1,059,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of STWD. Vanguard Group Inc. raised its stake in shares of Starwood Property Trust by 7.1% during the 3rd quarter. Vanguard Group Inc. now owns 32,976,364 shares of the real estate investment trust’s stock worth $638,752,000 after acquiring an additional 2,193,085 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Starwood Property Trust by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 6,406,419 shares of the real estate investment trust’s stock worth $115,453,000 after acquiring an additional 148,740 shares in the last quarter. Northern Trust Corp raised its stake in shares of Starwood Property Trust by 1.2% during the 3rd quarter. Northern Trust Corp now owns 5,387,358 shares of the real estate investment trust’s stock worth $104,353,000 after acquiring an additional 64,178 shares in the last quarter. Advisors Capital Management LLC raised its stake in shares of Starwood Property Trust by 157.3% during the 4th quarter. Advisors Capital Management LLC now owns 3,702,935 shares of the real estate investment trust’s stock worth $66,690,000 after acquiring an additional 2,263,856 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Starwood Property Trust by 0.5% during the 3rd quarter. Raymond James Financial Inc. now owns 2,727,404 shares of the real estate investment trust’s stock worth $52,830,000 after acquiring an additional 12,262 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on STWD. 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. Wells Fargo & Company reduced their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Keefe, Bruyette & Woods reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Zacks Research lowered shares of Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings lowered shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Starwood Property Trust has an average rating of “Hold” and an average target price of $19.70.

Starwood Property Trust Stock Up 0.1%

NYSE:STWD opened at $17.10 on Monday. The company has a market cap of $6.34 billion, a PE ratio of 17.81, a P/E/G ratio of 2.41 and a beta of 0.99. Starwood Property Trust, Inc. has a twelve month low of $16.81 and a twelve month high of $21.05. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.31. The company’s 50 day moving average is $17.59 and its two-hundred day moving average is $17.94.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The company had revenue of $205.55 million for the quarter, compared to analysts’ expectations of $496.25 million. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS. Analysts anticipate that Starwood Property Trust, Inc. will post 1.57 EPS for the current year.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Starwood Property Trust’s payout ratio is currently 200.00%.

Starwood Property Trust announced that its board has authorized a stock repurchase program on Thursday, February 26th that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to buy up to 6.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Starwood Property Trust news, Director Jeffrey G. Dishner sold 7,013 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $17.13, for a total transaction of $120,132.69. Following the sale, the director owned 168,152 shares of the company’s stock, valued at approximately $2,880,443.76. The trade was a 4.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.80% of the company’s stock.

Starwood Property Trust 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.