Overbrook Management Corp lowered its position in Starwood Property Trust, Inc. (NYSE:STWD) by 10.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,305 shares of the real estate investment trust’s stock after selling 2,155 shares during the period. Overbrook Management Corp’s holdings in Starwood Property Trust were worth $432,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Starwood Property Trust by 8.4% in the first quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock worth $474,716,000 after acquiring an additional 1,635,444 shares in the last quarter. Neuberger Berman Group LLC boosted its holdings in Starwood Property Trust by 2.9% in the second quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock worth $170,859,000 after acquiring an additional 215,564 shares in the last quarter. LSV Asset Management boosted its holdings in Starwood Property Trust by 4.4% in the second quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock worth $118,586,000 after acquiring an additional 223,100 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Starwood Property Trust by 22.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,778,303 shares of the real estate investment trust’s stock worth $107,894,000 after acquiring an additional 883,587 shares in the last quarter. Finally, Clough Capital Partners L P boosted its holdings in Starwood Property Trust by 107.0% in the first quarter. Clough Capital Partners L P now owns 3,651,545 shares of the real estate investment trust’s stock worth $81,341,000 after acquiring an additional 1,887,782 shares in the last quarter. Institutional investors and hedge funds own 68.59% of the company’s stock.

Shares of Starwood Property Trust, Inc. (NYSE:STWD) traded down 0.2459% during mid-day trading on Wednesday, hitting $21.9459. The stock had a trading volume of 697,677 shares. The firm has a market cap of $5.69 billion, a PE ratio of 12.6053 and a beta of 0.53. Starwood Property Trust, Inc. has a 52-week low of $21.11 and a 52-week high of $23.32. The stock’s 50-day moving average price is $22.04 and its 200-day moving average price is $22.30.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. The business had revenue of $211.57 million for the quarter, compared to analysts’ expectations of $244.13 million. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. During the same period in the previous year, the firm posted $0.50 EPS. On average, analysts anticipate that Starwood Property Trust, Inc. will post $2.10 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be given a $0.48 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.73%. Starwood Property Trust’s dividend payout ratio is currently 109.09%.

STWD has been the topic of several recent research reports. BidaskClub upgraded Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. ValuEngine lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $24.33.

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Starwood Property Trust Profile

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

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