Starwood Property Trust, Inc. (NYSE:STWD) Short Interest Update

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 10,860,000 shares, a decrease of 21.7% from the February 13th total of 13,870,000 shares. Based on an average trading volume of 2,200,000 shares, the short-interest ratio is presently 4.9 days. Approximately 3.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Starwood Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust's stock valued at $43,002,000 after purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets lifted its stake in Starwood Property Trust by 147.2% in the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust's stock valued at $4,590,000 after buying an additional 134,121 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Starwood Property Trust by 31.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust's stock worth $1,670,000 after buying an additional 20,840 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Starwood Property Trust by 66.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust's stock worth $4,585,000 after buying an additional 90,046 shares during the period. Finally, Kestra Investment Management LLC bought a new stake in shares of Starwood Property Trust in the 3rd quarter valued at about $2,250,000. 49.82% of the stock is owned by institutional investors.

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Starwood Property Trust Trading Down 1.2 %

Shares of STWD stock traded down $0.24 on Friday, reaching $20.04. 1,043,847 shares of the stock were exchanged, compared to its average volume of 2,209,889. The stock has a 50 day moving average price of $19.66 and a 200 day moving average price of $19.80. The stock has a market cap of $6.76 billion, a PE ratio of 17.13 and a beta of 1.68. Starwood Property Trust has a one year low of $18.12 and a one year high of $21.17. 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.58%. The ex-dividend date is Monday, March 31st. Starwood Property Trust's dividend payout ratio is 174.55%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price target on shares of 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. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $22.21.

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.