SG Americas Securities LLC Lowers Stock Holdings in Starwood Property Trust, Inc. $STWD

SG Americas Securities LLC reduced its position in Starwood Property Trust, Inc. (NYSE:STWD) by 9.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,177 shares of the real estate investment trust’s stock after selling 34,660 shares during the quarter. SG Americas Securities LLC owned approximately 0.09% of Starwood Property Trust worth $5,823,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Argosy Lionbridge Management LLC increased its stake in Starwood Property Trust by 286.1% during the 3rd quarter. Argosy Lionbridge Management LLC now owns 102,566 shares of the real estate investment trust’s stock worth $1,987,000 after buying an additional 76,000 shares during the period. GraniteShares Advisors LLC purchased a new position in Starwood Property Trust in the 4th quarter valued at approximately $2,617,000. Blair William & Co. IL boosted its position in Starwood Property Trust by 36.6% in the 3rd quarter. Blair William & Co. IL now owns 647,024 shares of the real estate investment trust’s stock valued at $12,533,000 after buying an additional 173,462 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of Starwood Property Trust in the third quarter worth $1,680,000. Finally, Geode Capital Management LLC grew its stake in shares of Starwood Property Trust by 2.4% in the fourth 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. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Down 0.1%

Shares of NYSE:STWD opened at $16.80 on Monday. The firm has a 50 day simple moving average of $17.35 and a 200-day simple moving average of $17.78. Starwood Property Trust, Inc. has a twelve month low of $16.54 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 has a market capitalization of $6.23 billion, a PE ratio of 17.50, a P/E/G ratio of 2.22 and a beta of 0.99.

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

Starwood Property Trust Announces Dividend

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

Insider Buying and Selling at Starwood Property Trust

In related news, Director Jeffrey G. Dishner sold 7,013 shares of the company’s 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 completion of the sale, the director directly owned 168,152 shares of the company’s stock, valued at $2,880,443.76. This represents a 4.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 5.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on STWD shares. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Thursday. Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Weiss Ratings lowered Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Finally, UBS Group initiated coverage on Starwood Property Trust in a research report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $19.70.

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.