Orinda Asset Management LLC Acquires New Position in Starwood Property Trust, Inc. (STWD)

Orinda Asset Management LLC acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 78,150 shares of the real estate investment trust’s stock, valued at approximately $1,682,000. Starwood Property Trust comprises 3.4% of Orinda Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding.

Several other institutional investors also recently modified their holdings of the company. Creative Planning raised its stake in shares of Starwood Property Trust by 7.6% in the second quarter. Creative Planning now owns 32,209 shares of the real estate investment trust’s stock worth $699,000 after purchasing an additional 2,262 shares during the last quarter. Fiduciary Financial Services of The Southwest Inc. TX increased its position in shares of Starwood Property Trust by 1.1% during the third quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 215,410 shares of the real estate investment trust’s stock valued at $4,636,000 after acquiring an additional 2,353 shares during the last quarter. Pekin Singer Strauss Asset Management IL increased its position in shares of Starwood Property Trust by 18.2% during the second quarter. Pekin Singer Strauss Asset Management IL now owns 15,400 shares of the real estate investment trust’s stock valued at $334,000 after acquiring an additional 2,375 shares during the last quarter. BTR Capital Management Inc. increased its position in shares of Starwood Property Trust by 0.8% during the second quarter. BTR Capital Management Inc. now owns 361,148 shares of the real estate investment trust’s stock valued at $7,841,000 after acquiring an additional 2,703 shares during the last quarter. Finally, Rothschild Investment Corp IL increased its position in shares of Starwood Property Trust by 1.1% during the third quarter. Rothschild Investment Corp IL now owns 270,340 shares of the real estate investment trust’s stock valued at $5,818,000 after acquiring an additional 2,820 shares during the last quarter. 66.11% of the stock is owned by hedge funds and other institutional investors.

STWD has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 11th. JPMorgan Chase & Co. initiated coverage on Starwood Property Trust in a research report on Friday, September 21st. They set an “overweight” rating and a $23.00 price target for the company. Credit Suisse Group increased their price target on Starwood Property Trust from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Tuesday, August 21st. Finally, ValuEngine raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $24.00.

Shares of STWD traded up $0.07 on Wednesday, reaching $21.80. 1,849,000 shares of the company’s stock traded hands, compared to its average volume of 2,023,709. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $5.75 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 2.02 and a beta of 0.33. Starwood Property Trust, Inc. has a 52-week low of $19.47 and a 52-week high of $23.04.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, August 8th. The real estate investment trust reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01. Starwood Property Trust had a return on equity of 13.19% and a net margin of 39.03%. The business had revenue of $307.20 million during the quarter, compared to analyst estimates of $257.88 million. During the same period in the prior year, the company earned $0.52 earnings per share. Starwood Property Trust’s revenue was up 45.2% compared to the same quarter last year. As a group, equities research analysts predict that Starwood Property Trust, Inc. will post 2.13 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 28th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.81%. The ex-dividend date of this dividend was Thursday, September 27th. Starwood Property Trust’s dividend payout ratio (DPR) is 88.89%.

Starwood Property Trust Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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

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