Adams Asset Advisors LLC Has $1.49 Million Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Adams Asset Advisors LLC raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 60.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,634 shares of the real estate investment trust's stock after buying an additional 29,603 shares during the period. Adams Asset Advisors LLC's holdings in Starwood Property Trust were worth $1,490,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Starwood Property Trust by 5.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust's stock worth $43,002,000 after acquiring an additional 116,182 shares during the period. BNP Paribas Financial Markets lifted its holdings in Starwood Property Trust by 147.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust's stock worth $4,590,000 after purchasing an additional 134,121 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Starwood Property Trust by 66.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust's stock valued at $4,585,000 after buying an additional 90,046 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Starwood Property Trust during the third quarter worth $2,250,000. Finally, Quest Partners LLC boosted its position in shares of Starwood Property Trust by 128.7% in the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust's stock valued at $1,360,000 after acquiring an additional 37,554 shares during the period. Institutional investors own 49.82% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. JMP Securities decreased their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research report on Thursday, November 7th. Wells Fargo & Company increased their target price on 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. dropped their target price 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 lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average target price of $22.25.

Starwood Property Trust Trading Up 0.9 %

STWD stock traded up $0.17 during midday trading on Monday, hitting $18.58. The stock had a trading volume of 3,068,690 shares, compared to its average volume of 2,415,156. 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 business has a fifty day moving average price of $19.60 and a two-hundred day moving average price of $19.82. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.19. The firm has a market cap of $6.26 billion, a P/E ratio of 15.88 and a beta of 1.69.

Starwood Property Trust (NYSE:STWD - Get Free Report) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. The business had revenue of $479.50 million during the quarter, compared to analysts' expectations of $488.63 million. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm's revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 earnings per share. On average, sell-side analysts predict that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued 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 dividend yield of 10.33%. Starwood Property Trust's dividend payout ratio is currently 164.10%.

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.