Cetera Trust Company N.A Trims Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Cetera Trust Company N.A lessened its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,725 shares of the real estate investment trust’s stock after selling 1,775 shares during the quarter. Cetera Trust Company N.A’s holdings in Starwood Property Trust were worth $184,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of Starwood Property Trust by 6.4% in the second quarter. Envestnet Asset Management Inc. now owns 316,834 shares of the real estate investment trust’s stock worth $6,001,000 after acquiring an additional 19,031 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Starwood Property Trust by 10.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 34,948 shares of the real estate investment trust’s stock worth $658,000 after purchasing an additional 3,366 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in Starwood Property Trust by 3.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 70,896 shares of the real estate investment trust’s stock valued at $1,343,000 after acquiring an additional 2,467 shares during the last quarter. Evergreen Capital Management LLC lifted its position in Starwood Property Trust by 17.2% in the second quarter. Evergreen Capital Management LLC now owns 38,833 shares of the real estate investment trust’s stock valued at $754,000 after acquiring an additional 5,697 shares during the last quarter. Finally, Marshall Wace LLP lifted its position in Starwood Property Trust by 161.2% in the second quarter. Marshall Wace LLP now owns 39,467 shares of the real estate investment trust’s stock valued at $748,000 after acquiring an additional 24,357 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 0.8 %

Shares of STWD opened at $19.10 on Wednesday. The firm has a market cap of $6.44 billion, a PE ratio of 16.32 and a beta of 1.69. The company’s fifty day moving average is $19.57 and its two-hundred day moving average is $19.83. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.19. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

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

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.05%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 164.10%.

Analyst Upgrades and Downgrades

STWD has been the subject of a number of research reports. JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday. JMP Securities lowered their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th. UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.13.

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.