Albion Financial Group UT Invests $28,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Albion Financial Group UT bought a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,471 shares of the real estate investment trust’s stock, valued at approximately $28,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brooklyn Investment Group raised its holdings in 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 worth $30,000 after buying an additional 730 shares during the period. UMB Bank n.a. increased its position in shares of Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in shares of Starwood Property Trust during the third quarter valued at approximately $34,000. Quarry LP purchased a new stake in shares of Starwood Property Trust in the 2nd quarter valued at approximately $36,000. Finally, Godsey & Gibb Inc. acquired a new position in Starwood Property Trust in the 3rd quarter worth approximately $41,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of STWD opened at $19.02 on Thursday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a market cap of $6.41 billion, a PE ratio of 16.25 and a beta of 1.69. The firm’s 50 day moving average price is $19.56 and its 200 day moving average price is $19.83. Starwood Property Trust, Inc. has a twelve month low of $18.12 and a twelve month high of $21.19.

Starwood Property Trust (NYSE:STWD) last released 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 business had revenue of $479.50 million for the quarter, compared to the consensus estimate 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 firm earned $0.46 EPS. As a group, research analysts expect that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.10%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 164.10%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on STWD shares. Keefe, Bruyette & Woods reduced their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday. UBS Group increased their price target 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, JMP Securities decreased their price target 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. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.13.

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.