Apella Capital LLC Takes Position in Starwood Property Trust, Inc. $STWD

Apella Capital LLC bought a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the first quarter, HoldingsChannel.com reports. The fund bought 71,756 shares of the real estate investment trust’s stock, valued at approximately $1,302,000.

Other large investors have also made changes to their positions in the company. Brown Advisory Inc. increased its holdings in shares of Starwood Property Trust by 1.3% during the fourth quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust’s stock worth $854,000 after buying an additional 600 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in 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 worth $115,000 after acquiring an additional 613 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Starwood Property Trust by 2.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock worth $527,000 after acquiring an additional 621 shares during the period. Mutual Advisors LLC lifted its holdings in Starwood Property Trust by 1.8% during the 4th quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust’s stock worth $659,000 after purchasing an additional 631 shares during the last quarter. Finally, Global Trust Asset Management LLC lifted its position in shares of Starwood Property Trust by 8.2% during the 4th quarter. Global Trust Asset Management LLC now owns 8,625 shares of the real estate investment trust’s stock valued at $155,000 after acquiring an additional 650 shares during the period. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $16.80 on Friday. Starwood Property Trust, Inc. has a 12-month low of $16.54 and a 12-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 firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of 17.50, a price-to-earnings-growth ratio of 2.19 and a beta of 0.98. The firm has a 50 day moving average of $17.35 and a 200 day moving average of $17.78.

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 (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $205.55 million during the quarter, compared to analysts’ expectations of $496.25 million. During the same period in the prior year, the company posted $0.45 earnings per share. The company’s revenue was up 22.5% compared to the same quarter last year. On average, research analysts anticipate that Starwood Property Trust, Inc. will post 1.55 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 11.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Starwood Property Trust’s dividend payout ratio (DPR) is 200.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on STWD. Bank of America reiterated a “neutral” rating and issued a $19.00 price target on shares of Starwood Property Trust in a research note on Friday, March 6th. JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings lowered Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, Zacks Research lowered Starwood Property Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $19.70.

Insider Activity

In other news, Director Jeffrey G. Dishner sold 7,013 shares of Starwood Property Trust stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $17.13, for a total value of $120,132.69. Following the sale, the director directly 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.80% of the company’s stock.

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.