Starwood Property Trust Sees Unusually Large Options Volume (STWD)

Starwood Property Trust, Inc. (NYSE:STWD) saw unusually large options trading on Wednesday. Stock traders purchased 2,518 call options on the stock. This represents an increase of approximately 3,257% compared to the typical daily volume of 75 call options.

Several equities research analysts have recently commented on the company. ValuEngine raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Monday, October 22nd. Zacks Investment Research raised Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Wednesday, October 24th. Credit Suisse Group boosted their price target on Starwood Property Trust from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 21st. Finally, JPMorgan Chase & Co. assumed coverage on Starwood Property Trust in a research note on Friday, September 21st. They set an “overweight” rating and a $23.00 price target on the stock. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $24.00.

Shares of NYSE:STWD opened at $21.72 on Thursday. The company has a market cap of $5.77 billion, a PE ratio of 10.06, a PEG ratio of 2.04 and a beta of 0.33. The company has a debt-to-equity ratio of 1.82, a quick ratio of 2.00 and a current ratio of 2.00. Starwood Property Trust has a 12 month low of $19.47 and a 12 month high of $23.04.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, August 8th. The real estate investment trust reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.01. The business had revenue of $307.20 million for the quarter, compared to analyst estimates of $257.88 million. Starwood Property Trust had a return on equity of 13.19% and a net margin of 39.03%. The company’s quarterly revenue was up 45.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.52 EPS. Analysts expect that Starwood Property Trust will post 2.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 8.84%. The ex-dividend date of this dividend was Thursday, September 27th. Starwood Property Trust’s dividend payout ratio (DPR) is 88.89%.

Large investors have recently made changes to their positions in the company. Quad Cities Investment Group LLC lifted its stake in Starwood Property Trust by 4,950.0% in the 3rd quarter. Quad Cities Investment Group LLC now owns 5,050 shares of the real estate investment trust’s stock valued at $109,000 after buying an additional 4,950 shares in the last quarter. Tyers Asset Management LLC purchased a new stake in Starwood Property Trust in the 2nd quarter valued at approximately $139,000. Qube Research & Technologies Ltd purchased a new stake in Starwood Property Trust in the 2nd quarter valued at approximately $151,000. IFP Advisors Inc lifted its stake in Starwood Property Trust by 55.6% in the 3rd quarter. IFP Advisors Inc now owns 7,722 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 2,760 shares in the last quarter. Finally, Edge Wealth Management LLC lifted its stake in Starwood Property Trust by 2,285.7% in the 3rd quarter. Edge Wealth Management LLC now owns 8,350 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 8,000 shares in the last quarter. 66.08% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Company Profile

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.

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