KLP Kapitalforvaltning AS Makes New Investment in Starwood Property Trust, Inc. (NYSE:STWD)

KLP Kapitalforvaltning AS purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 65,500 shares of the real estate investment trust's stock, valued at approximately $1,268,000.

Other large investors also recently bought and sold shares of the company. Wealth Quarterback LLC raised its holdings in shares of Starwood Property Trust by 3.6% during the 4th quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust's stock worth $281,000 after acquiring an additional 518 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in 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 period. Register Financial Advisors LLC boosted its holdings in Starwood Property Trust by 1.4% in the 4th quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust's stock valued at $840,000 after purchasing an additional 604 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 717 shares during the period. Finally, Brooklyn Investment Group increased its holdings in shares of Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock worth $30,000 after buying an additional 730 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company's stock.

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Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Keefe, Bruyette & Woods decreased 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. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. 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. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $22.21.

Starwood Property Trust Trading Down 3.3 %

NYSE STWD traded down $0.65 on Thursday, reaching $19.18. The stock had a trading volume of 4,141,507 shares, compared to its average volume of 2,315,504. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The stock has a fifty day moving average price of $19.82 and a two-hundred day moving average price of $19.80. The firm has a market capitalization of $6.48 billion, a price-to-earnings ratio of 16.40 and a beta of 1.68. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 10.01%. The ex-dividend date is Monday, March 31st. Starwood Property Trust's payout ratio is 174.55%.

Starwood Property Trust Company 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.