Janus Henderson Group PLC acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 359,770 shares of the real estate investment trust’s stock, valued at approximately $8,055,000. Janus Henderson Group PLC owned 0.14% of Starwood Property Trust at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Swiss National Bank raised its position in Starwood Property Trust by 2.0% during the second quarter. Swiss National Bank now owns 431,965 shares of the real estate investment trust’s stock valued at $9,672,000 after purchasing an additional 8,300 shares during the period. Vanguard Group Inc. raised its position in Starwood Property Trust by 8.4% during the first quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock valued at $474,716,000 after purchasing an additional 1,635,444 shares during the period. State Board of Administration of Florida Retirement System raised its position in Starwood Property Trust by 1.8% during the second quarter. State Board of Administration of Florida Retirement System now owns 269,236 shares of the real estate investment trust’s stock valued at $6,028,000 after purchasing an additional 4,850 shares during the period. Scott & Selber Inc. raised its position in Starwood Property Trust by 1.4% during the second quarter. Scott & Selber Inc. now owns 90,322 shares of the real estate investment trust’s stock valued at $2,022,000 after purchasing an additional 1,213 shares during the period. Finally, Cipher Capital LP purchased a new stake in Starwood Property Trust during the second quarter valued at approximately $2,789,000. Institutional investors and hedge funds own 68.57% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Janus Henderson Group PLC Acquires New Stake in Starwood Property Trust, Inc. (STWD)” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://www.thecerbatgem.com/2017/10/23/janus-henderson-group-plc-acquires-new-stake-in-starwood-property-trust-inc-stwd.html.

In other Starwood Property Trust news, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total value of $150,799.32. Following the sale, the chief financial officer now owns 100,026 shares of the company’s stock, valued at $2,196,570.96. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Andrew Jay Sossen sold 11,270 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total value of $247,263.80. Following the completion of the sale, the chief operating officer now directly owns 108,258 shares in the company, valued at approximately $2,375,180.52. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

A number of equities research analysts have issued reports on the company. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Friday. Zacks Investment Research cut Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Finally, ValuEngine raised Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $24.00.

Starwood Property Trust, Inc. (NYSE:STWD) opened at 21.94 on Monday. The stock’s 50 day moving average price is $21.87 and its 200-day moving average price is $22.15. Starwood Property Trust, Inc. has a 1-year low of $21.11 and a 1-year high of $23.01. The company has a market cap of $5.69 billion, a PE ratio of 12.60 and a beta of 0.53.

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

The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.75%. The ex-dividend date of this dividend was Thursday, September 28th. Starwood Property Trust’s payout ratio is 109.09%.

About Starwood Property Trust

Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD).

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

Receive News & Stock Ratings for Starwood Property Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust Inc. and related stocks with our FREE daily email newsletter.