40,000 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. bought a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 40,000 shares of the real estate investment trust’s stock, valued at approximately $39,000.

Several other institutional investors and hedge funds have also bought and sold shares of STWD. AGF Investments LLC acquired a new stake in shares of Starwood Property Trust in the 2nd quarter worth about $37,000. Sawyer & Company Inc acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth about $44,000. Marshall Wace North America L.P. acquired a new stake in shares of Starwood Property Trust in the 1st quarter worth about $60,000. Koshinski Asset Management Inc. acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth about $86,000. Finally, Total Clarity Wealth Management Inc. acquired a new stake in shares of Starwood Property Trust in the 3rd quarter worth about $121,000. Institutional investors own 44.58% of the company’s stock.

A number of research firms recently weighed in on STWD. Raymond James upped their target price on shares of Starwood Property Trust from $30.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, November 11th. Zacks Investment Research raised shares of Starwood Property Trust from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Friday, January 7th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Starwood Property Trust has a consensus rating of “Buy” and an average price target of $28.17.

In related news, CEO Barry S. Sternlicht bought 217,500 shares of Starwood Property Trust stock in a transaction dated Monday, December 20th. The stock was purchased at an average cost of $22.66 per share, with a total value of $4,928,550.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Jeffrey F. Dimodica bought 6,500 shares of Starwood Property Trust stock in a transaction dated Monday, December 20th. The shares were bought at an average cost of $22.86 per share, with a total value of $148,590.00. The disclosure for this purchase can be found here. 4.70% of the stock is owned by corporate insiders.

Shares of STWD stock opened at $25.36 on Friday. Starwood Property Trust, Inc. has a 52-week low of $18.57 and a 52-week high of $27.00. The company has a debt-to-equity ratio of 3.27, a quick ratio of 2.34 and a current ratio of 2.34. The company has a 50-day simple moving average of $25.10 and a two-hundred day simple moving average of $25.40. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 15.95 and a beta of 1.60.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Tuesday, November 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.01. Starwood Property Trust had a net margin of 39.56% and a return on equity of 11.63%. The firm had revenue of $302.29 million during the quarter, compared to the consensus estimate of $307.76 million. During the same period in the prior year, the firm earned $0.48 EPS. The company’s revenue was up 13.0% compared to the same quarter last year. On average, sell-side analysts forecast that Starwood Property Trust, Inc. will post 1.92 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 14th. Stockholders of record on Friday, December 31st were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend was Thursday, December 30th. Starwood Property Trust’s dividend payout ratio is currently 120.75%.

Starwood Property Trust Profile

Starwood Property Trust, Inc engages in originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending, Real Estate Property, Infrastructure Lending and Real Estate Investing and Servicing.

See Also: Limitations of analyzing profit margin

Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWD).

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

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.