Adell Harriman & Carpenter Inc. Has $5.82 Million Position in Starwood Property Trust, Inc. $STWD

Adell Harriman & Carpenter Inc. boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 10.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 300,657 shares of the real estate investment trust’s stock after buying an additional 28,066 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Starwood Property Trust were worth $5,824,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. AQR Capital Management LLC increased its position in shares of Starwood Property Trust by 70.1% during the first quarter. AQR Capital Management LLC now owns 36,396 shares of the real estate investment trust’s stock worth $720,000 after acquiring an additional 15,001 shares in the last quarter. NewEdge Advisors LLC lifted its position in Starwood Property Trust by 23.9% in the 1st quarter. NewEdge Advisors LLC now owns 19,606 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 3,784 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Starwood Property Trust by 11.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 36,417 shares of the real estate investment trust’s stock valued at $731,000 after purchasing an additional 3,773 shares during the last quarter. KLP Kapitalforvaltning AS increased its holdings in Starwood Property Trust by 6.1% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 66,000 shares of the real estate investment trust’s stock worth $1,352,000 after purchasing an additional 3,800 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its stake in shares of Starwood Property Trust by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 90,700 shares of the real estate investment trust’s stock worth $1,820,000 after purchasing an additional 1,000 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Trading Up 1.4%

NYSE STWD opened at $18.09 on Wednesday. The business’s fifty day moving average is $18.31 and its 200-day moving average is $18.96. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 17.22 and a beta of 1.13. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.05.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Monday, November 10th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.04). The company had revenue of $247.87 million for the quarter, compared to analysts’ expectations of $479.70 million. Starwood Property Trust had a return on equity of 8.41% and a net margin of 20.28%.The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date of this dividend was Wednesday, December 31st. Starwood Property Trust’s payout ratio is 182.86%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on STWD. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Wells Fargo & Company cut their price objective on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, November 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Finally, Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $20.63.

Starwood Property Trust Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.