NorthRock Partners LLC Grows Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

NorthRock Partners LLC grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 37.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,890 shares of the real estate investment trust’s stock after buying an additional 4,317 shares during the quarter. NorthRock Partners LLC’s holdings in Starwood Property Trust were worth $301,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in STWD. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Starwood Property Trust by 1.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock valued at $654,000 after buying an additional 571 shares during the last quarter. Carnegie Investment Counsel raised its position in shares of Starwood Property Trust by 5.1% during the 4th quarter. Carnegie Investment Counsel now owns 20,675 shares of the real estate investment trust’s stock valued at $392,000 after acquiring an additional 1,000 shares in the last quarter. Brooklyn Investment Group raised its position in shares of 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. HB Wealth Management LLC acquired a new stake in shares of Starwood Property Trust during the 4th quarter valued at approximately $217,000. Finally, Ameritas Advisory Services LLC raised its position in shares of Starwood Property Trust by 6.3% during the 4th quarter. Ameritas Advisory Services LLC now owns 49,171 shares of the real estate investment trust’s stock valued at $932,000 after acquiring an additional 2,930 shares in the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on STWD. Keefe, Bruyette & Woods dropped their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Monday, April 7th. UBS Group dropped their price target on Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. increased their target price on Starwood Property Trust from $19.00 to $19.50 and gave the stock an “overweight” rating in a research report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.75.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $20.29 on Friday. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17. 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 business’s fifty day moving average price is $19.17 and its two-hundred day moving average price is $19.47. The firm has a market capitalization of $6.89 billion, a PE ratio of 17.34 and a beta of 1.26.

Starwood Property Trust (NYSE:STWD) last issued its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $418.18 million during the quarter, compared to analyst estimates of $469.00 million. During the same period in the prior year, the business earned $0.59 earnings per share. On average, research analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.48 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.47%. Starwood Property Trust’s payout ratio is 202.11%.

Starwood Property Trust Company 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.