Starwood Property Trust, Inc. (STWD) Position Maintained by Smithfield Trust Co.

Smithfield Trust Co. maintained its stake in Starwood Property Trust, Inc. (NYSE:STWD) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 7,930 shares of the real estate investment trust’s stock at the end of the second quarter. Smithfield Trust Co.’s holdings in Starwood Property Trust were worth $177,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in STWD. IFP Advisors Inc raised its stake in Starwood Property Trust by 8.7% in the first quarter. IFP Advisors Inc now owns 11,291 shares of the real estate investment trust’s stock valued at $255,000 after buying an additional 905 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of Starwood Property Trust by 8.7% in the first quarter. State of New Jersey Common Pension Fund D now owns 423,000 shares of the real estate investment trust’s stock worth $9,551,000 after buying an additional 34,000 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Starwood Property Trust during the first quarter worth about $203,000. ProShare Advisors LLC raised its stake in shares of Starwood Property Trust by 40.6% in the first quarter. ProShare Advisors LLC now owns 95,858 shares of the real estate investment trust’s stock worth $1,608,000 after buying an additional 27,662 shares during the period. Finally, BTR Capital Management Inc. raised its stake in shares of Starwood Property Trust by 1.0% in the first quarter. BTR Capital Management Inc. now owns 343,384 shares of the real estate investment trust’s stock worth $7,754,000 after buying an additional 3,421 shares during the period. Institutional investors and hedge funds own 74.15% of the company’s stock.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) remained flat at $22.08 during trading on Friday. 908,485 shares of the company’s stock traded hands. Starwood Property Trust, Inc. has a one year low of $21.11 and a one year high of $23.46. The company’s 50-day moving average is $22.07 and its 200 day moving average is $22.38. The firm has a market cap of $5.73 billion, a PE ratio of 12.68 and a beta of 0.54.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.01. The company had revenue of $211.57 million for the quarter, compared to analysts’ expectations of $244.13 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same period in the previous year, the business posted $0.50 earnings per share. On average, equities analysts expect that Starwood Property Trust, Inc. will post $2.10 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 8.70%. The ex-dividend date of this dividend is Thursday, September 28th. Starwood Property Trust’s dividend payout ratio (DPR) is currently 109.09%.

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STWD has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub upgraded shares of Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. Starwood Property Trust presently has an average rating of “Hold” and a consensus target price of $24.33.

Starwood Property Trust Company Profile

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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