UMB Bank n.a. Boosts Stake in Starwood Property Trust, Inc. (NYSE:STWD)

UMB Bank n.a. increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 69.7% in the fourth quarter, HoldingsChannel reports. The firm owned 1,746 shares of the real estate investment trust’s stock after acquiring an additional 717 shares during the quarter. UMB Bank n.a.’s holdings in Starwood Property Trust were worth $33,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in STWD. Ameritas Advisory Services LLC boosted its stake in shares of Starwood Property Trust by 6.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 49,171 shares of the real estate investment trust’s stock worth $932,000 after buying an additional 2,930 shares during the last quarter. HB Wealth Management LLC acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at $217,000. Brooklyn Investment Group boosted its holdings in Starwood Property Trust by 86.1% during the fourth 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 in the last quarter. Carnegie Investment Counsel increased its holdings in Starwood Property Trust by 5.1% in the fourth quarter. Carnegie Investment Counsel now owns 20,675 shares of the real estate investment trust’s stock valued at $392,000 after buying an additional 1,000 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in shares of Starwood Property Trust by 1.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock worth $654,000 after acquiring an additional 571 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $19.19 on Friday. The company’s 50-day moving average is $19.55 and its two-hundred day moving average is $19.83. The firm has a market capitalization of $6.47 billion, a price-to-earnings ratio of 16.40 and a beta of 1.69. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.19.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 EPS. Analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.01%. Starwood Property Trust’s payout ratio is currently 164.10%.

Wall Street Analysts Forecast Growth

STWD has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. 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 research note on Tuesday, January 14th. UBS Group boosted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JMP Securities decreased 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 report on Thursday, November 7th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Starwood Property Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $22.13.

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.