Pacer Advisors Inc. increased its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 14.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,278 shares of the real estate investment trust’s stock after buying an additional 5,092 shares during the period. Pacer Advisors Inc.’s holdings in Starwood Property Trust were worth $924,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its stake in Starwood Property Trust by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 50 shares during the period. Penserra Capital Management LLC increased its position in shares of Starwood Property Trust by 52.3% in the first quarter. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 2,015 shares during the last quarter. ClariVest Asset Management LLC increased its position in shares of Starwood Property Trust by 26.6% in the second quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 1,366 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in shares of Starwood Property Trust by 88.9% in the first quarter. Catalyst Capital Advisors LLC now owns 8,500 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 4,000 shares during the last quarter. Finally, Northern Oak Wealth Management Inc. purchased a new position in shares of Starwood Property Trust during the first quarter worth approximately $201,000. Institutional investors and hedge funds own 68.59% of the company’s stock.

Starwood Property Trust, Inc. (NYSE:STWD) opened at 21.98 on Wednesday. The firm has a market capitalization of $5.70 billion, a PE ratio of 12.62 and a beta of 0.54. The stock’s 50 day moving average is $22.04 and its 200-day moving average is $22.36. Starwood Property Trust, Inc. has a 1-year low of $21.11 and a 1-year high of $23.46.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.01. The company had revenue of $211.57 million for the quarter, compared to analyst estimates of $244.13 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same quarter in the previous year, the firm earned $0.50 earnings per share. Equities research analysts forecast that Starwood Property Trust, Inc. will post $2.10 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 8.74%. The ex-dividend date of this dividend is Thursday, September 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 109.09%.

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A number of equities analysts have commented on STWD shares. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.33.

Starwood Property Trust Company Profile

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Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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