CreativeOne Wealth LLC Takes Position in Starwood Property Trust, Inc. (NYSE:STWD)

CreativeOne Wealth LLC purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 112,422 shares of the real estate investment trust's stock, valued at approximately $2,130,000.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Starwood Property Trust in the 4th quarter valued at $63,044,000. Atria Wealth Solutions Inc. increased its position in Starwood Property Trust by 31.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust's stock worth $1,670,000 after purchasing an additional 20,840 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Starwood Property Trust in the 4th quarter valued at approximately $377,000. Golden State Equity Partners boosted its position in Starwood Property Trust by 346.0% in the fourth quarter. Golden State Equity Partners now owns 27,708 shares of the real estate investment trust's stock valued at $525,000 after buying an additional 21,496 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Starwood Property Trust by 154.7% during the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust's stock worth $3,484,000 after buying an additional 111,654 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. UBS Group dropped their target price on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their price target on Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Finally, Keefe, Bruyette & Woods lowered their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.86.

Starwood Property Trust Trading Down 2.6 %

Shares of Starwood Property Trust stock traded down $0.49 on Monday, reaching $18.07. 559,900 shares of the company's stock were exchanged, compared to its average volume of 2,446,106. The company has a market capitalization of $6.10 billion, a P/E ratio of 15.45 and a beta of 1.34. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17. 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 firm's 50-day moving average is $19.47 and its two-hundred day moving average is $19.57.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.62%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's dividend payout ratio (DPR) is currently 174.55%.

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.