Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC trimmed its position in Starwood Property Trust, Inc. (NYSE:STWD) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,811 shares of the real estate investment trust’s stock after selling 1,887 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Starwood Property Trust were worth $906,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the 4th quarter valued at approximately $28,000. Brooklyn Investment Group grew its stake in Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 730 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in Starwood Property Trust in the 3rd quarter valued at about $34,000. Finally, Quarry LP purchased a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $36,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of NYSE:STWD opened at $19.06 on Friday. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.19. The firm has a market capitalization of $6.42 billion, a P/E ratio of 16.29 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The company’s fifty day moving average price is $19.55 and its 200 day moving average price is $19.82.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The business had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. During the same period in the prior year, the company earned $0.46 earnings per share. The company’s revenue was down 8.1% compared to the same quarter last year. As a group, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.08%. Starwood Property Trust’s dividend payout ratio is currently 164.10%.

Wall Street Analyst Weigh In

STWD has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday. UBS Group lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods reduced their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Finally, JMP Securities dropped their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust 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.