Raymond James Financial Services Advisors Inc. Raises Stake in STARWOOD PROPERTY TRUST, INC. (STWD)

Raymond James Financial Services Advisors Inc. lifted its stake in shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) by 35.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 248,669 shares of the real estate investment trust’s stock after acquiring an additional 65,650 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.10% of STARWOOD PROPERTY TRUST, INC. worth $5,568,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its position in shares of STARWOOD PROPERTY TRUST, INC. by 1.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 87 shares during the period. CWA Asset Management Group LLC increased its position in shares of STARWOOD PROPERTY TRUST, INC. by 2.5% during the second quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 250 shares during the period. S. R. Schill & Associates increased its position in shares of STARWOOD PROPERTY TRUST, INC. by 0.6% during the second quarter. S. R. Schill & Associates now owns 52,265 shares of the real estate investment trust’s stock worth $1,170,000 after acquiring an additional 286 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of STARWOOD PROPERTY TRUST, INC. by 5.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock worth $180,000 after acquiring an additional 438 shares during the period. Finally, Penserra Capital Management LLC increased its position in shares of STARWOOD PROPERTY TRUST, INC. by 10.0% during the second quarter. Penserra Capital Management LLC now owns 6,453 shares of the real estate investment trust’s stock worth $144,000 after acquiring an additional 586 shares during the period. 68.58% of the stock is currently owned by institutional investors and hedge funds.

In other STARWOOD PROPERTY TRUST, INC. news, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the transaction, the chief financial officer now owns 100,026 shares in the company, valued at approximately $2,196,570.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Andrew Jay Sossen sold 11,270 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the transaction, the chief operating officer now owns 108,258 shares of the company’s stock, valued at approximately $2,375,180.52. The disclosure for this sale can be found here. 2.40% of the stock is owned by corporate insiders.

A number of equities analysts have recently commented on the stock. ValuEngine raised shares of STARWOOD PROPERTY TRUST, INC. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub raised shares of STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, Zacks Investment Research raised shares of STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $24.00.

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STARWOOD PROPERTY TRUST, INC. (STWD) traded down 0.28% during trading on Friday, hitting $21.68. 230,711 shares of the stock were exchanged. The stock has a market cap of $5.63 billion, a P/E ratio of 12.45 and a beta of 0.53. STARWOOD PROPERTY TRUST, INC. has a 12 month low of $21.11 and a 12 month high of $23.01. The stock’s 50 day moving average price is $21.93 and its 200 day moving average price is $22.19.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.01. STARWOOD PROPERTY TRUST, INC. had a net margin of 55.89% and a return on equity of 11.39%. The firm had revenue of $211.57 million for the quarter, compared to the consensus estimate of $244.13 million. During the same period in the prior year, the firm earned $0.50 EPS. Analysts forecast that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.83%. The ex-dividend date is Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s payout ratio is currently 109.09%.

About STARWOOD PROPERTY TRUST, INC.

Institutional Ownership by Quarter for STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

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