Blair William & Co. IL lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 403,211 shares of the real estate investment trust's stock after acquiring an additional 52,519 shares during the quarter. Blair William & Co. IL owned approximately 0.12% of Starwood Property Trust worth $7,641,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Albion Financial Group UT acquired a new stake in Starwood Property Trust in the fourth quarter valued at approximately $28,000. Brooklyn Investment Group lifted its stake in shares of Starwood Property Trust by 86.1% in the 4th 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. UMB Bank n.a. boosted its holdings in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 717 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after buying an additional 854 shares during the last quarter. Finally, Point72 DIFC Ltd bought a new position in Starwood Property Trust during the third quarter valued at about $55,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.
Starwood Property Trust Price Performance
Starwood Property Trust stock traded down $0.52 during trading hours on Thursday, hitting $19.31. 1,022,937 shares of the stock were exchanged, compared to its average volume of 2,300,084. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17. The business's 50-day moving average is $19.82 and its two-hundred day moving average is $19.80. 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 stock has a market capitalization of $6.52 billion, a P/E ratio of 16.50 and a beta of 1.68.
Starwood Property Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.94%. Starwood Property Trust's dividend payout ratio is 174.55%.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on STWD shares. Keefe, Bruyette & Woods reduced their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut 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, January 21st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $22.21.
Read Our Latest Analysis on Starwood Property Trust
About Starwood Property Trust
(
Free Report)
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.
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