State Board of Administration of Florida Retirement System increased its holdings in shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 269,236 shares of the real estate investment trust’s stock after acquiring an additional 4,850 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.10% of STARWOOD PROPERTY TRUST, INC. worth $6,028,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in STWD. Clough Capital Partners L P grew its holdings in STARWOOD PROPERTY TRUST, INC. by 107.0% during the first quarter. Clough Capital Partners L P now owns 3,651,545 shares of the real estate investment trust’s stock worth $81,341,000 after acquiring an additional 1,887,782 shares during the period. Vanguard Group Inc. grew its holdings in STARWOOD PROPERTY TRUST, INC. by 8.4% during the first quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock worth $474,716,000 after acquiring an additional 1,635,444 shares during the period. American Century Companies Inc. grew its holdings in STARWOOD PROPERTY TRUST, INC. by 5,055.7% during the first quarter. American Century Companies Inc. now owns 1,268,565 shares of the real estate investment trust’s stock worth $28,644,000 after acquiring an additional 1,243,960 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in STARWOOD PROPERTY TRUST, INC. by 22.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,778,303 shares of the real estate investment trust’s stock worth $107,894,000 after acquiring an additional 883,587 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in STARWOOD PROPERTY TRUST, INC. during the first quarter worth $11,294,000. 68.59% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) opened at 22.26 on Tuesday. STARWOOD PROPERTY TRUST, INC. has a 12-month low of $21.11 and a 12-month high of $23.46. The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 12.79 and a beta of 0.53. The firm has a 50-day moving average price of $22.04 and a 200 day moving average price of $22.34.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last issued its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.01. The business had revenue of $211.57 million for the quarter, compared to analysts’ expectations of $244.13 million. STARWOOD PROPERTY TRUST, INC. had a return on equity of 11.39% and a net margin of 55.89%. During the same period in the previous year, the firm posted $0.50 EPS. On average, equities research analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend is Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s payout ratio is 109.09%.

Several analysts have weighed in on the company. BidaskClub lowered STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Zacks Investment Research raised STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $24.33.

About STARWOOD PROPERTY TRUST, INC.

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Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

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