Adams Asset Advisors LLC Grows Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Adams Asset Advisors LLC lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 60.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,634 shares of the real estate investment trust’s stock after buying an additional 29,603 shares during the period. Adams Asset Advisors LLC’s holdings in Starwood Property Trust were worth $1,490,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Altshuler Shaham Ltd purchased a new stake in Starwood Property Trust during the 2nd quarter worth approximately $28,000. Future Financial Wealth Managment LLC acquired a new position in Starwood Property Trust in the third quarter worth $34,000. Quarry LP bought a new stake in Starwood Property Trust during the second quarter valued at $36,000. Godsey & Gibb Inc. bought a new position in shares of Starwood Property Trust in the 3rd quarter worth about $41,000. Finally, Point72 DIFC Ltd acquired a new position in shares of Starwood Property Trust in the 3rd quarter valued at about $55,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday, September 20th. JMP Securities reduced their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. UBS Group lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.25.

Starwood Property Trust Stock Up 0.3 %

Shares of Starwood Property Trust stock traded up $0.06 during trading on Monday, hitting $18.47. 1,415,990 shares of the stock traded hands, compared to its average volume of 2,159,872. The company has a fifty day moving average price of $19.62 and a two-hundred day moving average price of $19.82. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.19. The stock has a market cap of $6.23 billion, a P/E ratio of 15.79 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same quarter in the previous year, the business earned $0.46 EPS. Starwood Property Trust’s quarterly revenue was down 8.1% compared to the same quarter last year. Equities research analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.40%. Starwood Property Trust’s payout ratio is presently 164.10%.

Starwood Property Trust 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.