GoalVest Advisory LLC Has $910,000 Position in Starwood Property Trust, Inc. (NYSE:STWD)

GoalVest Advisory LLC grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,002 shares of the real estate investment trust’s stock after purchasing an additional 1,896 shares during the quarter. GoalVest Advisory LLC’s holdings in Starwood Property Trust were worth $910,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its position in Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after buying an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after purchasing an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Starwood Property Trust by 66.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after acquiring an additional 90,046 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of Starwood Property Trust in the third quarter valued at $2,250,000. Finally, Quest Partners LLC raised its holdings in shares of Starwood Property Trust by 128.7% in the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after purchasing an additional 37,554 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Down 1.3 %

STWD opened at $19.02 on Thursday. The stock’s fifty day moving average is $19.56 and its 200-day moving average is $19.83. 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 company has a market capitalization of $6.41 billion, a PE ratio of 16.25 and a beta of 1.69. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.19.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings results 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 return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million for the quarter, compared to the consensus estimate of $488.63 million. During the same period last year, the business posted $0.46 earnings per share. The firm’s revenue was down 8.1% compared to the same quarter last year. On average, equities analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have issued reports on STWD. Keefe, Bruyette & Woods decreased their price objective 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. JPMorgan Chase & Co. decreased their price objective 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 cut their price target on 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. Finally, UBS Group lifted their price objective on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.13.

Starwood Property Trust Company 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.