KAMES CAPITAL plc Increases Holdings in Starwood Property Trust, Inc. (STWD)

KAMES CAPITAL plc boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 73.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 492,540 shares of the real estate investment trust’s stock after buying an additional 209,265 shares during the quarter. KAMES CAPITAL plc’s holdings in Starwood Property Trust were worth $10,521,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Intellectus Partners LLC lifted its holdings in shares of Starwood Property Trust by 0.3% during the 2nd quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock valued at $489,000 after buying an additional 65 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Starwood Property Trust by 5.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 438 shares during the last quarter. ETRADE Capital Management LLC lifted its holdings in shares of Starwood Property Trust by 2.2% during the 2nd quarter. ETRADE Capital Management LLC now owns 31,450 shares of the real estate investment trust’s stock valued at $704,000 after buying an additional 678 shares during the last quarter. Scotia Capital Inc. lifted its holdings in shares of Starwood Property Trust by 3.4% during the 2nd quarter. Scotia Capital Inc. now owns 34,896 shares of the real estate investment trust’s stock valued at $781,000 after buying an additional 1,140 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Starwood Property Trust by 11.3% during the 2nd quarter. MML Investors Services LLC now owns 13,836 shares of the real estate investment trust’s stock valued at $310,000 after buying an additional 1,405 shares during the last quarter. Hedge funds and other institutional investors own 67.41% of the company’s stock.

Shares of Starwood Property Trust, Inc. (NYSE STWD) opened at $20.94 on Friday. Starwood Property Trust, Inc. has a 1-year low of $20.78 and a 1-year high of $23.01. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47. The stock has a market capitalization of $5,507.07, a PE ratio of 10.05, a PEG ratio of 2.04 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The firm had revenue of $226.77 million during the quarter, compared to analyst estimates of $236.76 million. During the same period in the previous year, the company earned $0.59 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. sell-side analysts anticipate that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be issued a $0.48 dividend. The ex-dividend date is Thursday, December 28th. This represents a $1.92 annualized dividend and a yield of 9.17%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 116.36%.

Several equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. ValuEngine upgraded Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, B. Riley reiterated a “buy” rating and set a $24.00 price target on shares of Starwood Property Trust in a report on Monday, November 27th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Starwood Property Trust currently has a consensus rating of “Buy” and an average target price of $24.00.

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Starwood Property Trust Company Profile

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

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