Waterloo Capital L.P. Increases Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Waterloo Capital L.P. raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 8.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 131,709 shares of the real estate investment trust’s stock after buying an additional 10,528 shares during the quarter. Waterloo Capital L.P.’s holdings in Starwood Property Trust were worth $2,495,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its position in shares of Starwood Property Trust by 10.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 34,948 shares of the real estate investment trust’s stock valued at $658,000 after purchasing an additional 3,366 shares during the last quarter. Sargent Investment Group LLC lifted its stake in shares of Starwood Property Trust by 9.7% during the second quarter. Sargent Investment Group LLC now owns 197,510 shares of the real estate investment trust’s stock worth $3,741,000 after buying an additional 17,426 shares during the period. Pinion Investment Advisors LLC increased its position in shares of Starwood Property Trust by 29.1% in the 2nd quarter. Pinion Investment Advisors LLC now owns 19,466 shares of the real estate investment trust’s stock valued at $369,000 after acquiring an additional 4,392 shares during the period. Envestnet Asset Management Inc. raised its stake in Starwood Property Trust by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 316,834 shares of the real estate investment trust’s stock worth $6,001,000 after acquiring an additional 19,031 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Starwood Property Trust by 18.4% during the 2nd quarter. Parallel Advisors LLC now owns 42,690 shares of the real estate investment trust’s stock worth $809,000 after acquiring an additional 6,646 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wolfe Research started coverage on Starwood Property Trust in a report on Tuesday, June 25th. They set a “peer perform” rating for the company. JPMorgan Chase & Co. upped their price objective on shares of Starwood Property Trust from $20.00 to $20.50 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $24.00 price target on shares of Starwood Property Trust in a report on Friday, July 19th. Four analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.07.

Starwood Property Trust Stock Up 0.7 %

STWD stock opened at $20.57 on Wednesday. Starwood Property Trust, Inc. has a one year low of $17.07 and a one year high of $22.29. The company has a debt-to-equity ratio of 2.80, a quick ratio of 1.84 and a current ratio of 1.84. The firm’s fifty day moving average is $19.92 and its 200 day moving average is $19.73. The firm has a market cap of $6.50 billion, a PE ratio of 14.80 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Tuesday, August 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The firm had revenue of $489.80 million for the quarter, compared to analysts’ expectations of $505.23 million. Starwood Property Trust had a return on equity of 10.03% and a net margin of 17.05%. The company’s quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the firm earned $0.47 EPS. On average, research analysts forecast that Starwood Property Trust, Inc. will post 1.89 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.33%. The ex-dividend date is Monday, September 30th. Starwood Property Trust’s payout ratio is 138.13%.

About Starwood Property Trust

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.