Daymark Wealth Partners LLC Sells 1,887 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Daymark Wealth Partners LLC decreased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,811 shares of the real estate investment trust’s stock after selling 1,887 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Starwood Property Trust were worth $906,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at $28,000. Brooklyn Investment Group grew 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 valued at $30,000 after purchasing an additional 730 shares during the period. Future Financial Wealth Managment LLC bought a new stake in Starwood Property Trust during the 3rd quarter worth approximately $34,000. UMB Bank n.a. raised its position in shares of Starwood Property Trust by 69.7% during the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 717 shares during the period. Finally, Quarry LP bought a new stake in Starwood Property Trust during the second quarter valued at about $36,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

STWD opened at $19.06 on Friday. 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’s fifty day simple moving average is $19.55 and its 200-day simple moving average is $19.82. The company has a market capitalization of $6.42 billion, a price-to-earnings ratio of 16.29 and a beta of 1.69. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.19.

Starwood Property Trust (NYSE:STWD) last posted 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. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $479.50 million during the quarter, compared to analyst estimates of $488.63 million. During the same quarter in the previous year, the business posted $0.46 EPS. The company’s quarterly revenue was down 8.1% compared to the same quarter last year. On average, equities research analysts anticipate that Starwood Property Trust, Inc. will post 1.88 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.48 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 10.08%. Starwood Property Trust’s dividend payout ratio is presently 164.10%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on STWD. JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday. JMP Securities lowered their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. UBS Group lifted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods cut their price objective 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. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.