Redwood Trust, Inc. $RWT Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Redwood Trust, Inc. (NYSE:RWT) by 7,932.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 265,059 shares of the real estate investment trust’s stock after acquiring an additional 261,759 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.21% of Redwood Trust worth $1,256,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Wellington Management Group LLP grew its holdings in shares of Redwood Trust by 10.2% during the 3rd quarter. Wellington Management Group LLP now owns 15,020,483 shares of the real estate investment trust’s stock worth $86,969,000 after purchasing an additional 1,395,675 shares during the period. Invesco Ltd. raised its holdings in Redwood Trust by 25.4% in the fourth quarter. Invesco Ltd. now owns 2,551,067 shares of the real estate investment trust’s stock valued at $14,107,000 after buying an additional 516,630 shares during the period. Bank of America Corp DE purchased a new position in Redwood Trust in the second quarter valued at approximately $2,032,000. Jane Street Group LLC acquired a new position in Redwood Trust during the first quarter valued at approximately $2,018,000. Finally, Legal & General Group Plc acquired a new position in Redwood Trust during the second quarter valued at approximately $1,349,000. 74.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on RWT. Piper Sandler dropped their price objective on shares of Redwood Trust from $6.50 to $5.50 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Redwood Trust in a report on Wednesday, June 24th. Wells Fargo & Company decreased their price target on shares of Redwood Trust from $7.00 to $6.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. BTIG Research reiterated a “buy” rating and issued a $6.00 price target on shares of Redwood Trust in a report on Tuesday, July 28th. Finally, UBS Group cut their price objective on Redwood Trust from $7.00 to $6.50 and set a “buy” rating on the stock in a research report on Friday, August 21st. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $5.94.

Redwood Trust Trading Down 2.3%

RWT opened at $3.54 on Friday. The firm’s 50 day moving average is $4.70 and its 200-day moving average is $5.22. Redwood Trust, Inc. has a 52-week low of $3.22 and a 52-week high of $6.97. The company has a quick ratio of 67.49, a current ratio of 67.49 and a debt-to-equity ratio of 31.69. The firm has a market capitalization of $445.29 million, a P/E ratio of -88.60 and a beta of 1.37.

Redwood Trust (NYSE:RWT) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The business had revenue of $56.01 million during the quarter, compared to the consensus estimate of $89.45 million. Redwood Trust had a net margin of 0.42% and a return on equity of 16.02%. Analysts expect that Redwood Trust, Inc. will post 1.03 EPS for the current fiscal year.

Redwood Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 23rd will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 20.3%. The ex-dividend date of this dividend is Wednesday, September 23rd. Redwood Trust’s dividend payout ratio is presently -1,800.00%.

Key Redwood Trust News

Here are the key news stories impacting Redwood Trust this week:

• Positive Sentiment: Redwood Trust declared its regular third-quarter common dividend of $0.18 per share, payable September 30 to shareholders of record September 23. The dividend was unchanged from the prior quarter, signaling continued confidence in the company’s ability to return capital to shareholders. Redwood Trust Announces Third Quarter 2026 Common and Preferred Dividends
• Positive Sentiment: The company also declared a $0.625 per-share dividend on its 10% fixed-rate preferred stock, maintaining income for preferred shareholders.
• Neutral Sentiment: Redwood Trust priced an upsized private offering of $185 million of 7.00% convertible senior notes due 2030, compared with the initially announced $150 million offering. The notes carry a conversion price of $4.90 per share. Redwood Trust Prices Upsized $185.0 Million Convertible Senior Notes Offering
• Negative Sentiment: The larger debt raise increases Redwood Trust’s interest obligations, with a 7% coupon implying roughly $13 million of annual interest expense before considering conversion. Investors may also worry about potential shareholder dilution if the notes are converted into common stock at $4.90 per share. Redwood Trust Shares Decline on $150 Million Debt Offering

Redwood Trust Profile

Redwood Trust, Inc (NYSE:RWT) is a publicly traded real estate investment trust specializing in the U.S. residential mortgage market. Headquartered in Mill Valley, California, the company focuses on investing in a diversified portfolio of residential mortgage assets, including whole loans, agency and non-agency mortgage-backed securities, and structured credit products.

The company’s core activities encompass the acquisition, financing, and management of prime residential mortgage whole loans and mortgage-backed securities.