Starwood Property Trust, Inc. $STWD Stake Decreased by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. cut its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 20.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 214,523 shares of the real estate investment trust’s stock after selling 56,734 shares during the period. Adell Harriman & Carpenter Inc. owned approximately 0.06% of Starwood Property Trust worth $3,694,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Starwood Property Trust by 106.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 746 shares during the period. CENTRAL TRUST Co lifted its holdings in Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 908 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Starwood Property Trust in the fourth quarter worth about $28,000. FNY Investment Advisers LLC bought a new position in Starwood Property Trust in the 3rd quarter valued at about $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in Starwood Property Trust in the 4th quarter valued at about $53,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on STWD shares. Zacks Research upgraded shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Wall Street Zen lowered shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Weiss Ratings downgraded Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Keefe, Bruyette & Woods decreased their price target on 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. Finally, UBS Group initiated coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $19.70.

Starwood Property Trust Price Performance

Shares of NYSE:STWD opened at $16.64 on Wednesday. Starwood Property Trust, Inc. has a one year low of $16.29 and a one year high of $20.94. The stock has a fifty day moving average of $16.96 and a 200-day moving average of $17.62. The company has a market capitalization of $6.17 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 2.17 and a beta of 0.98. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The company had revenue of $205.55 million during the quarter, compared to analyst estimates of $496.25 million. During the same quarter in the previous year, the firm earned $0.45 earnings per share. The business’s revenue was up 22.5% compared to the same quarter last year. As a group, equities analysts anticipate that Starwood Property Trust, Inc. will post 1.55 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 11.5%. Starwood Property Trust’s dividend payout ratio is currently 200.00%.

About Starwood Property Trust

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.