International Assets Investment Management LLC Has $543,000 Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

International Assets Investment Management LLC trimmed its position in Starwood Property Trust, Inc. (NYSE:STWD) by 94.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,485 shares of the real estate investment trust’s stock after selling 448,101 shares during the quarter. International Assets Investment Management LLC’s holdings in Starwood Property Trust were worth $543,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Everence Capital Management Inc. bought a new stake in Starwood Property Trust during the fourth quarter valued at about $192,000. Retirement Systems of Alabama boosted its stake in Starwood Property Trust by 4.1% during the 3rd quarter. Retirement Systems of Alabama now owns 385,672 shares of the real estate investment trust’s stock valued at $7,860,000 after purchasing an additional 15,198 shares during the period. Tidal Investments LLC grew its holdings in Starwood Property Trust by 22.0% in the 3rd quarter. Tidal Investments LLC now owns 27,351 shares of the real estate investment trust’s stock valued at $557,000 after buying an additional 4,930 shares during the last quarter. Sanctuary Advisors LLC increased its position in Starwood Property Trust by 0.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 144,152 shares of the real estate investment trust’s stock worth $2,871,000 after buying an additional 1,173 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Starwood Property Trust during the third quarter worth approximately $325,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Trading Down 2.1 %

Shares of STWD opened at $18.42 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market cap of $6.21 billion, a PE ratio of 15.74 and a beta of 1.69. Starwood Property Trust, Inc. has a 1 year low of $18.36 and a 1 year high of $21.22. The stock has a 50 day simple moving average of $19.65 and a 200-day simple moving average of $19.82.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same period in the prior year, the company posted $0.46 earnings per share. The business’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.42%. Starwood Property Trust’s dividend payout ratio is 164.10%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on STWD shares. JMP Securities lowered their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, September 20th. JPMorgan Chase & Co. cut their price objective on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, November 7th. Finally, UBS Group boosted their price target on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average price target of $22.25.

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.