Lake Street Private Wealth LLC Sells 16,023 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Lake Street Private Wealth LLC reduced its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,625 shares of the real estate investment trust's stock after selling 16,023 shares during the period. Lake Street Private Wealth LLC's holdings in Starwood Property Trust were worth $2,191,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of STWD. Envestnet Asset Management Inc. increased its position in Starwood Property Trust by 6.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 316,834 shares of the real estate investment trust's stock valued at $6,001,000 after purchasing an additional 19,031 shares during the period. Vanguard Personalized Indexing Management LLC increased its position in shares of Starwood Property Trust by 10.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 34,948 shares of the real estate investment trust's stock valued at $658,000 after buying an additional 3,366 shares during the period. Blair William & Co. IL raised its stake in Starwood Property Trust by 17.3% in the second quarter. Blair William & Co. IL now owns 311,270 shares of the real estate investment trust's stock worth $5,895,000 after buying an additional 45,979 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Starwood Property Trust by 3.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 70,896 shares of the real estate investment trust's stock worth $1,343,000 after buying an additional 2,467 shares during the period. Finally, Frank Rimerman Advisors LLC bought a new stake in Starwood Property Trust during the 2nd quarter valued at approximately $1,126,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD traded up $0.14 during trading hours on Friday, reaching $19.39. The company had a trading volume of 1,621,281 shares, compared to its average volume of 2,145,182. The firm has a market cap of $6.54 billion, a price-to-earnings ratio of 16.57 and a beta of 1.69. 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 firm's 50 day moving average price is $19.57 and its 200-day moving average price is $19.82. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.19.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.05. The company 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%. Starwood Property Trust's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 earnings per share. On average, analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.90%. The ex-dividend date was Tuesday, December 31st. Starwood Property Trust's payout ratio is 164.10%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a research report on Thursday, November 7th. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 14th. UBS Group increased their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. Finally, JMP Securities dropped 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. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and a consensus price target of $22.19.

Starwood Property Trust Company 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.