Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Twin Lakes Capital Management LLC

Twin Lakes Capital Management LLC lessened its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 179,088 shares of the real estate investment trust’s stock after selling 6,125 shares during the period. Starwood Property Trust comprises about 1.8% of Twin Lakes Capital Management LLC’s portfolio, making the stock its 18th largest holding. Twin Lakes Capital Management LLC owned 0.05% of Starwood Property Trust worth $3,394,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Starwood Property Trust by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock valued at $586,375,000 after acquiring an additional 377,939 shares during the last quarter. Northern Trust Corp lifted its position in shares of Starwood Property Trust by 16.2% during the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust’s stock valued at $100,189,000 after acquiring an additional 736,699 shares during the last quarter. Norges Bank acquired a new stake in shares of Starwood Property Trust during the 4th quarter valued at $63,044,000. Bank of New York Mellon Corp lifted its position in shares of Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock valued at $50,593,000 after acquiring an additional 10,979 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Starwood Property Trust during the 4th quarter valued at $48,841,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.4%

NYSE STWD opened at $19.55 on Friday. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The company has a market capitalization of $6.63 billion, a PE ratio of 16.71 and a beta of 1.26. The firm’s fifty day simple moving average is $19.15 and its 200-day simple moving average is $19.47.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same period last year, the company posted $0.59 earnings per share. As a group, sell-side analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.82%. The ex-dividend date was Monday, March 31st. Starwood Property Trust’s payout ratio is 202.11%.

Analysts Set New Price Targets

STWD has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research note on Monday, May 12th. UBS Group reissued a “neutral” rating and set a $19.50 target price (up from $19.00) on shares of Starwood Property Trust in a research note on Wednesday. Finally, Keefe, Bruyette & Woods cut their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research note on Monday, April 7th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus price target of $21.83.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.