Daymark Wealth Partners LLC Grows Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Daymark Wealth Partners LLC increased its position in Starwood Property Trust, Inc. (NYSE:STWD) by 20.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 57,581 shares of the real estate investment trust’s stock after acquiring an additional 9,770 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Starwood Property Trust were worth $1,138,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in STWD. Retirement Systems of Alabama increased its stake in shares of Starwood Property Trust by 1.0% in the fourth quarter. Retirement Systems of Alabama now owns 389,460 shares of the real estate investment trust’s stock worth $7,380,000 after purchasing an additional 3,788 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Starwood Property Trust by 16.9% in the 4th quarter. Bleakley Financial Group LLC now owns 31,046 shares of the real estate investment trust’s stock valued at $588,000 after buying an additional 4,496 shares in the last quarter. Empowered Funds LLC grew its stake in Starwood Property Trust by 11.2% in the 4th quarter. Empowered Funds LLC now owns 12,941 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 1,308 shares in the last quarter. Aubrey Capital Management Ltd purchased a new position in Starwood Property Trust in the 4th quarter valued at approximately $588,000. Finally, Summit Trail Advisors LLC grew its stake in Starwood Property Trust by 85.8% in the 4th quarter. Summit Trail Advisors LLC now owns 46,484 shares of the real estate investment trust’s stock valued at $903,000 after buying an additional 21,469 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 0.3%

STWD opened at $20.26 on Tuesday. The company has a fifty day moving average price of $19.13 and a 200-day moving average price of $19.49. The firm has a market capitalization of $6.88 billion, a P/E ratio of 17.32 and a beta of 1.25. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.17.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 EPS 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 business had revenue of $418.18 million for the quarter, compared to analysts’ expectations of $469.00 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. Equities research analysts expect that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.48%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust’s payout ratio is 202.11%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on STWD. Keefe, Bruyette & Woods reduced their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Monday, April 7th. UBS Group reaffirmed a “neutral” rating and set a $19.50 target price (up previously from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. lifted their target price on Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a 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 stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.83.

About Starwood Property Trust

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.