California Public Employees Retirement System boosted its stake in STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 9.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 741,500 shares of the real estate investment trust’s stock after buying an additional 62,100 shares during the period. California Public Employees Retirement System owned 0.29% of STARWOOD PROPERTY TRUST, INC. worth $16,743,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Teachers Advisors LLC boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 20.1% in the first quarter. Teachers Advisors LLC now owns 1,027,970 shares of the real estate investment trust’s stock valued at $23,212,000 after buying an additional 171,798 shares in the last quarter. Advantus Capital Management Inc boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 18.6% in the first quarter. Advantus Capital Management Inc now owns 95,200 shares of the real estate investment trust’s stock valued at $2,150,000 after buying an additional 14,900 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 1.5% in the first quarter. Stratos Wealth Partners LTD. now owns 16,529 shares of the real estate investment trust’s stock valued at $373,000 after buying an additional 249 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 40.7% in the first quarter. Principal Financial Group Inc. now owns 54,361 shares of the real estate investment trust’s stock valued at $1,227,000 after buying an additional 15,727 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its position in shares of STARWOOD PROPERTY TRUST, INC. by 9.0% in the first quarter. OppenheimerFunds Inc. now owns 2,598,495 shares of the real estate investment trust’s stock valued at $58,674,000 after buying an additional 213,925 shares in the last quarter. Hedge funds and other institutional investors own 73.69% of the company’s stock.

Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

STARWOOD PROPERTY TRUST, INC. (NYSE STWD) remained flat at $22.56 during mid-day trading on Friday. 4,419,763 shares of the company traded hands. The stock has a market capitalization of $5.87 billion, a price-to-earnings ratio of 12.75 and a beta of 0.59. STARWOOD PROPERTY TRUST, INC. has a 12-month low of $19.86 and a 12-month high of $23.46. The stock has a 50-day moving average price of $22.07 and a 200-day moving average price of $22.41.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last issued its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. The business had revenue of $198.72 million during the quarter, compared to the consensus estimate of $229.63 million. STARWOOD PROPERTY TRUST, INC. had a return on equity of 11.24% and a net margin of 55.96%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 EPS. Analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date is Wednesday, June 28th. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio (DPR) is 107.26%.

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Several research analysts recently weighed in on STWD shares. Zacks Investment Research cut STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. BidaskClub upgraded STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. STARWOOD PROPERTY TRUST, INC. currently has an average rating of “Buy” and a consensus target price of $24.00.

In other news, Director Camille J. Douglas sold 4,500 shares of the stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $21.62, for a total transaction of $97,290.00. Following the completion of the transaction, the director now directly owns 20,944 shares of the company’s stock, valued at approximately $452,809.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.40% of the company’s stock.

STARWOOD PROPERTY TRUST, INC. Company Profile

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