Starwood Property Trust, Inc. (NYSE:STWD) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,800,235 shares of the real estate investment trust's stock after buying an additional 74,762 shares during the period. HighTower Advisors LLC owned about 0.53% of Starwood Property Trust worth $34,114,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Wealth Quarterback LLC raised its stake in Starwood Property Trust by 3.6% in the fourth quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust's stock valued at $281,000 after buying an additional 518 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Starwood Property Trust by 1.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust's stock worth $654,000 after purchasing an additional 571 shares during the last quarter. Register Financial Advisors LLC grew its holdings in shares of Starwood Property Trust by 1.4% during the fourth quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust's stock worth $840,000 after purchasing an additional 604 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Starwood Property Trust by 69.7% during 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 during the last quarter. Finally, Brooklyn Investment Group grew its holdings in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 730 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

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Starwood Property Trust Stock Performance

Shares of NYSE STWD traded up $0.11 during midday trading on Wednesday, reaching $20.23. 1,700,299 shares of the company were exchanged, compared to its average volume of 2,217,013. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The stock has a fifty day simple moving average of $19.60 and a 200 day simple moving average of $19.80. The stock has a market cap of $6.83 billion, a P/E ratio of 17.29 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The business 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 dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust's dividend payout ratio is currently 174.55%.

Analyst Upgrades and Downgrades

STWD has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Keefe, Bruyette & Woods dropped their price objective on Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus target price of $22.21.

Starwood Property Trust Profile

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.