Crux Wealth Advisors Buys Shares of 23,734 Starwood Property Trust, Inc. (NYSE:STWD)

Crux Wealth Advisors purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 23,734 shares of the real estate investment trust's stock, valued at approximately $450,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of Starwood Property Trust by 6.4% during the 3rd quarter. FMR LLC now owns 41,781 shares of the real estate investment trust's stock worth $851,000 after acquiring an additional 2,503 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Starwood Property Trust by 18.8% in the third quarter. Captrust Financial Advisors now owns 13,134 shares of the real estate investment trust's stock worth $268,000 after buying an additional 2,075 shares during the last quarter. Point72 Asset Management L.P. grew its stake in Starwood Property Trust by 117.0% in the 3rd quarter. Point72 Asset Management L.P. now owns 12,770 shares of the real estate investment trust's stock valued at $260,000 after buying an additional 87,770 shares during the last quarter. Stifel Financial Corp lifted its position in Starwood Property Trust by 18.3% during the 3rd quarter. Stifel Financial Corp now owns 395,955 shares of the real estate investment trust's stock worth $8,070,000 after acquiring an additional 61,276 shares during the last quarter. Finally, MML Investors Services LLC grew its position in shares of Starwood Property Trust by 4.0% in the third quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust's stock valued at $407,000 after purchasing an additional 767 shares during the last quarter. Institutional investors own 49.82% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts have commented on the company. JPMorgan Chase & Co. dropped their price target on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods cut their price target on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $22.07.

Starwood Property Trust Price Performance

Starwood Property Trust stock traded up $0.08 during trading hours on Tuesday, hitting $18.42. 3,650,094 shares of the stock were exchanged, compared to its average volume of 2,442,195. The stock has a market capitalization of $6.22 billion, a P/E ratio of 15.75 and a beta of 1.34. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The business's 50-day moving average is $19.54 and its two-hundred day moving average is $19.60.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.42%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust's payout ratio is presently 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.