Advisors Capital Management LLC Has $24.62 Million Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Advisors Capital Management LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,299,076 shares of the real estate investment trust's stock after acquiring an additional 28,593 shares during the period. Advisors Capital Management LLC owned approximately 0.39% of Starwood Property Trust worth $24,617,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Crux Wealth Advisors acquired a new stake in shares of Starwood Property Trust during the 4th quarter valued at about $450,000. Sterling Capital Management LLC boosted its holdings in Starwood Property Trust by 74.9% during the fourth quarter. Sterling Capital Management LLC now owns 20,598 shares of the real estate investment trust's stock valued at $390,000 after purchasing an additional 8,824 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc grew its stake in shares of Starwood Property Trust by 14.3% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 161,707 shares of the real estate investment trust's stock valued at $3,064,000 after purchasing an additional 20,248 shares during the period. Treasurer of the State of North Carolina raised its holdings in shares of Starwood Property Trust by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 137,577 shares of the real estate investment trust's stock worth $2,607,000 after buying an additional 860 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new position in shares of Starwood Property Trust during the 4th quarter worth approximately $542,000. Institutional investors own 49.82% of the company's stock.

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Wall Street Analyst Weigh In

STWD has been the topic of a number of analyst reports. Keefe, Bruyette & Woods lowered their price target on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a 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 company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $22.07.

Starwood Property Trust Price Performance

Shares of NYSE:STWD traded up $0.08 during midday trading on Tuesday, reaching $18.42. The company's stock had a trading volume of 3,650,094 shares, compared to its average volume of 2,442,195. The business's fifty day simple moving average is $19.54 and its 200-day simple moving average is $19.60. The company has a market capitalization of $6.22 billion, a P/E ratio of 15.75 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, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.42%. The ex-dividend date is Monday, March 31st. Starwood Property Trust's dividend payout ratio is presently 174.55%.

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.