Baker Ellis Asset Management LLC Sells 1,775 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Baker Ellis Asset Management LLC lowered its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,735 shares of the real estate investment trust’s stock after selling 1,775 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Starwood Property Trust were worth $582,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Albion Financial Group UT bought a new position in Starwood Property Trust during the fourth quarter valued at $28,000. Brooklyn Investment Group lifted its position 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 last quarter. Future Financial Wealth Managment LLC bought a new position in Starwood Property Trust during the third quarter valued at $34,000. UMB Bank n.a. lifted its position in Starwood Property Trust by 69.7% during the fourth 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 last quarter. Finally, Quarry LP bought a new stake in shares of Starwood Property Trust in the 2nd quarter worth about $36,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 1.3 %

NYSE STWD opened at $19.02 on Thursday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 16.25 and a beta of 1.69. The company’s 50-day simple moving average is $19.56 and its two-hundred day simple moving average is $19.83. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.19.

Starwood Property Trust (NYSE:STWD) last posted its earnings results 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. 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 for the quarter, compared to the consensus estimate of $488.63 million. During the same quarter last year, the firm posted $0.46 EPS. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities analysts forecast that Starwood Property Trust, Inc. will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.10%. The ex-dividend date was Tuesday, December 31st. Starwood Property Trust’s payout ratio is currently 164.10%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lowered 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 report on Tuesday. Keefe, Bruyette & Woods lowered their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. UBS Group raised their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Finally, JMP Securities lowered their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Three equities research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.13.

About Starwood Property Trust

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.