Natixis Has $2.77 Million Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Natixis cut its position in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 55.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,976 shares of the real estate investment trust's stock after selling 184,503 shares during the quarter. Natixis' holdings in Starwood Property Trust were worth $2,766,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Albion Financial Group UT acquired a new stake in shares of Starwood Property Trust during the fourth quarter worth $28,000. Brooklyn Investment Group boosted its position 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 acquiring an additional 730 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Starwood Property Trust by 69.7% during the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 717 shares in the last quarter. Hurley Capital LLC acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth approximately $36,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Starwood Property Trust by 83.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 854 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Starwood Property Trust Trading Up 0.1 %

NYSE STWD traded up $0.02 during mid-day trading on Friday, reaching $18.89. 1,586,435 shares of the stock were exchanged, compared to its average volume of 2,454,404. Starwood Property Trust, Inc. has a one year low of $16.59 and a one year high of $21.17. The stock has a 50 day simple moving average of $19.38 and a 200-day simple moving average of $19.53. The stock has a market cap of $6.38 billion, a P/E ratio of 16.14 and a beta of 1.34. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

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 issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.17%. The ex-dividend date was Monday, March 31st. Starwood Property Trust's payout ratio is 174.55%.

Analyst Ratings Changes

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

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.