HRS Investment Holdings LLC Has $2.27 Million Holdings in Starwood Property Trust, Inc. (STWD)

HRS Investment Holdings LLC grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 76.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,000 shares of the real estate investment trust’s stock after buying an additional 50,000 shares during the quarter. Starwood Property Trust makes up 1.3% of HRS Investment Holdings LLC’s portfolio, making the stock its 17th largest position. HRS Investment Holdings LLC’s holdings in Starwood Property Trust were worth $2,267,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Utah Retirement Systems raised its holdings in shares of Starwood Property Trust by 1.0% in the 4th quarter. Utah Retirement Systems now owns 48,839 shares of the real estate investment trust’s stock valued at $963,000 after purchasing an additional 500 shares during the period. KCS Wealth Advisory raised its holdings in shares of Starwood Property Trust by 2.4% in the 4th quarter. KCS Wealth Advisory now owns 22,225 shares of the real estate investment trust’s stock valued at $438,000 after purchasing an additional 523 shares during the period. D.A. Davidson & CO. raised its holdings in shares of Starwood Property Trust by 1.7% in the 4th quarter. D.A. Davidson & CO. now owns 40,620 shares of the real estate investment trust’s stock valued at $801,000 after purchasing an additional 683 shares during the period. Wedbush Securities Inc. raised its holdings in shares of Starwood Property Trust by 3.7% in the 4th quarter. Wedbush Securities Inc. now owns 20,208 shares of the real estate investment trust’s stock valued at $398,000 after purchasing an additional 725 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Starwood Property Trust by 1.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 69,107 shares of the real estate investment trust’s stock valued at $1,363,000 after purchasing an additional 847 shares during the period. 65.53% of the stock is currently owned by hedge funds and other institutional investors.

STWD has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. BTIG Research initiated coverage on shares of Starwood Property Trust in a research note on Tuesday, February 26th. They issued a “buy” rating and a $25.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $24.20.

STWD traded down $0.01 on Friday, reaching $22.57. The company had a trading volume of 8,950 shares, compared to its average volume of 1,857,200. Starwood Property Trust, Inc. has a fifty-two week low of $19.16 and a fifty-two week high of $23.04. The firm has a market cap of $6.31 billion, a P/E ratio of 10.70, a price-to-earnings-growth ratio of 2.13 and a beta of 0.56. The company has a debt-to-equity ratio of 2.20, a quick ratio of 2.52 and a current ratio of 2.52.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Thursday, February 28th. The real estate investment trust reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.01. Starwood Property Trust had a net margin of 34.78% and a return on equity of 12.30%. As a group, equities analysts forecast that Starwood Property Trust, Inc. will post 2.11 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, March 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.51%. Starwood Property Trust’s payout ratio is presently 91.00%.

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About Starwood Property Trust

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

Further Reading: P/E Growth (PEG)

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

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