Neuberger Berman Group LLC lessened its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,590,131 shares of the real estate investment trust’s stock after selling 40,893 shares during the quarter. Neuberger Berman Group LLC owned approximately 2.91% of Starwood Property Trust worth $164,858,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in STWD. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Starwood Property Trust by 1.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 87 shares during the period. Penserra Capital Management LLC raised its holdings in shares of Starwood Property Trust by 10.0% during the 2nd quarter. Penserra Capital Management LLC now owns 6,453 shares of the real estate investment trust’s stock worth $144,000 after acquiring an additional 586 shares during the period. ClariVest Asset Management LLC raised its holdings in shares of Starwood Property Trust by 26.6% during the 2nd quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock worth $146,000 after acquiring an additional 1,366 shares during the period. Ffcm LLC raised its holdings in shares of Starwood Property Trust by 108.2% during the 2nd quarter. Ffcm LLC now owns 7,253 shares of the real estate investment trust’s stock worth $164,000 after acquiring an additional 3,769 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Starwood Property Trust by 5.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 438 shares during the period. 67.52% of the stock is currently owned by institutional investors.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) traded up $0.05 during trading hours on Thursday, reaching $21.72. 1,641,800 shares of the company’s stock were exchanged, compared to its average volume of 1,762,087. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47. The stock has a market capitalization of $5,655.84, a price-to-earnings ratio of 10.32, a PEG ratio of 2.04 and a beta of 0.51. Starwood Property Trust, Inc. has a one year low of $21.27 and a one year high of $23.01.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.11. The company had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. Starwood Property Trust had a net margin of 52.28% and a return on equity of 11.88%. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 earnings per share. equities analysts forecast that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.84%. The ex-dividend date is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio is presently 116.36%.

Several analysts recently issued reports on the stock. ValuEngine upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Friday, December 1st. B. Riley restated a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a report on Monday, November 27th. Zacks Investment Research upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Wednesday, November 15th. BidaskClub upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, Compass Point upgraded shares of Starwood Property Trust from a “neutral” rating to a “buy” rating in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $24.00.

In related news, CFO Rina Paniry sold 6,867 shares of the company’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 completion of the transaction, the chief financial officer now directly owns 100,026 shares of the company’s stock, valued at $2,196,570.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Andrew Jay Sossen sold 11,270 shares of the company’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 transaction, the chief operating officer now directly owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.

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About Starwood Property Trust

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

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