Natixis Advisors LLC Grows Position in Starwood Property Trust, Inc. (NYSE:STWD)

Natixis Advisors LLC raised its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 935.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 186,967 shares of the real estate investment trust's stock after buying an additional 168,903 shares during the period. Natixis Advisors LLC owned about 0.06% of Starwood Property Trust worth $3,543,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in STWD. Albion Financial Group UT acquired a new position in shares of Starwood Property Trust in the fourth quarter worth approximately $28,000. Brooklyn Investment Group raised its holdings in 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 purchasing an additional 730 shares during the last quarter. UMB Bank n.a. lifted its position 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 worth $33,000 after purchasing an additional 717 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Starwood Property Trust by 83.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock valued at $36,000 after purchasing an additional 854 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new stake in shares of Starwood Property Trust during the third quarter worth $55,000. Institutional investors and hedge funds own 49.82% of the company's stock.

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Analysts Set New Price Targets

A number of brokerages recently weighed in on STWD. Keefe, Bruyette & Woods lowered their target price 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. lowered their price objective on 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 research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and an average price target of $22.21.

Starwood Property Trust Stock Up 0.1 %

Shares of NYSE STWD traded up $0.01 during midday trading on Tuesday, hitting $19.97. 395,591 shares of the stock traded hands, compared to its average volume of 2,220,163. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The business has a 50 day moving average price of $19.72 and a two-hundred day moving average price of $19.79. 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 company has a market cap of $6.74 billion, a PE ratio of 17.06 and a beta of 1.68.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.61%. 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.