Legal & General Group Plc raised its position in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 3.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 198,815 shares of the real estate investment trust’s stock after purchasing an additional 6,269 shares during the period. Legal & General Group Plc owned about 0.08% of STARWOOD PROPERTY TRUST, INC. worth $4,452,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. grew its holdings in STARWOOD PROPERTY TRUST, INC. 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 purchasing an additional 50 shares during the last quarter. Penserra Capital Management LLC lifted its position in shares of STARWOOD PROPERTY TRUST, INC. by 52.3% in the first quarter. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust’s stock valued at $132,000 after acquiring an additional 2,015 shares in the last quarter. ClariVest Asset Management LLC lifted its position in shares of STARWOOD PROPERTY TRUST, INC. by 26.6% in the second quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 1,366 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of STARWOOD PROPERTY TRUST, INC. by 88.9% in the first quarter. Catalyst Capital Advisors LLC now owns 8,500 shares of the real estate investment trust’s stock valued at $192,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Northern Oak Wealth Management Inc. purchased a new stake in shares of STARWOOD PROPERTY TRUST, INC. in the first quarter valued at $201,000. 68.59% of the stock is currently owned by institutional investors.

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Shares of STARWOOD PROPERTY TRUST, INC. (STWD) opened at 22.06 on Tuesday. The stock has a 50 day moving average price of $22.04 and a 200 day moving average price of $22.31. STARWOOD PROPERTY TRUST, INC. has a 12 month low of $21.11 and a 12 month high of $23.32. The stock has a market capitalization of $5.72 billion, a P/E ratio of 12.67 and a beta of 0.53.

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, analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS 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 8.70%. The ex-dividend date is Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s payout ratio is 109.09%.

STWD has been the topic of several recent research reports. BidaskClub upgraded STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Zacks Investment Research upgraded STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. STARWOOD PROPERTY TRUST, INC. has an average rating of “Hold” and an average target price of $24.33.

STARWOOD PROPERTY TRUST, INC. Company Profile

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

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