SG Americas Securities LLC Has $6.72 Million Stock Holdings in Starwood Property Trust, Inc. $STWD

SG Americas Securities LLC boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1,650.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 372,837 shares of the real estate investment trust’s stock after acquiring an additional 351,534 shares during the quarter. SG Americas Securities LLC owned 0.10% of Starwood Property Trust worth $6,715,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in STWD. Evolution Wealth Management Inc. acquired a new position in shares of Starwood Property Trust during the second quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in Starwood Property Trust by 106.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 746 shares during the period. Cloud Capital Management LLC bought a new position in Starwood Property Trust during the 3rd quarter worth $29,000. Jackson Grant Investment Advisers Inc. bought a new position in Starwood Property Trust during the 3rd quarter worth $29,000. Finally, FNY Investment Advisers LLC acquired a new position in Starwood Property Trust during the 3rd quarter worth about $30,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Down 0.8%

Shares of Starwood Property Trust stock opened at $17.23 on Wednesday. The firm has a market cap of $6.38 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 2.32 and a beta of 1.10. The stock’s 50-day moving average is $17.88 and its 200 day moving average is $18.34. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.68 and a quick ratio of 1.68. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.05.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.01. The firm had revenue of $492.95 million for the quarter, compared to analyst estimates of $469.53 million. Starwood Property Trust had a return on equity of 8.16% and a net margin of 22.32%.The company’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 earnings per share. Equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust announced that its board has approved a share repurchase program on Thursday, February 26th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 6.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date is Tuesday, March 31st. Starwood Property Trust’s payout ratio is presently 165.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $20.50 to $20.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Bank of America reiterated a “neutral” rating and issued a $19.00 target price on shares of Starwood Property Trust in a report on Friday, March 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company lowered their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $19.90.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.