Starwood Property Trust, Inc. (STWD) Shares Bought by Venturi Wealth Management LLC

Venturi Wealth Management LLC raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 13.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,136 shares of the real estate investment trust’s stock after buying an additional 16,923 shares during the period. Venturi Wealth Management LLC owned about 0.05% of Starwood Property Trust worth $3,094,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Janney Montgomery Scott LLC increased its stake in shares of Starwood Property Trust by 33.1% during the second quarter. Janney Montgomery Scott LLC now owns 11,940 shares of the real estate investment trust’s stock worth $267,000 after purchasing an additional 2,971 shares during the period. Sei Investments Co. increased its stake in shares of Starwood Property Trust by 15.9% during the second quarter. Sei Investments Co. now owns 136,341 shares of the real estate investment trust’s stock worth $3,053,000 after purchasing an additional 18,692 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of Starwood Property Trust by 6.3% during the second quarter. Stratos Wealth Partners LTD. now owns 17,566 shares of the real estate investment trust’s stock worth $393,000 after purchasing an additional 1,037 shares during the period. Baker Ellis Asset Management LLC increased its stake in shares of Starwood Property Trust by 19.7% during the second quarter. Baker Ellis Asset Management LLC now owns 27,400 shares of the real estate investment trust’s stock worth $613,000 after purchasing an additional 4,500 shares during the period. Finally, Global X Management Co. LLC increased its stake in shares of Starwood Property Trust by 6.5% during the second quarter. Global X Management Co. LLC now owns 453,589 shares of the real estate investment trust’s stock worth $10,156,000 after purchasing an additional 27,694 shares during the period. Hedge funds and other institutional investors own 67.53% of the company’s stock.

A number of equities analysts have recently weighed in on the company. ValuEngine upgraded Starwood Property Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. B. Riley restated a “buy” rating and set a $24.00 price objective on shares of Starwood Property Trust in a research note on Monday, November 27th. Zacks Investment Research upgraded Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research note on Wednesday, November 15th. BidaskClub upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Compass Point upgraded Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Starwood Property Trust has a consensus rating of “Buy” and an average target price of $24.00.

In other Starwood Property Trust news, COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares in the company, valued at approximately $2,375,180.52. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the completion of the sale, the chief financial officer now directly owns 100,026 shares in the company, valued at approximately $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.

Starwood Property Trust, Inc. (NYSE STWD) traded down $0.08 during trading on Wednesday, reaching $21.68. The company’s stock had a trading volume of 1,163,200 shares, compared to its average volume of 1,770,044. Starwood Property Trust, Inc. has a 12-month low of $21.27 and a 12-month high of $23.01. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47. The company has a market cap of $5,679.33, a price-to-earnings ratio of 10.36, a PEG ratio of 2.05 and a beta of 0.51.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The firm had revenue of $226.77 million for the quarter, compared to analyst estimates of $236.76 million. During the same quarter last year, the company earned $0.59 EPS. The company’s revenue was up 10.8% on a year-over-year basis. equities analysts expect that Starwood Property Trust, Inc. will post 2.12 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.86%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 116.36%.

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About Starwood Property Trust

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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