Prevail Innovative Wealth Advisors LLC Purchases 48,355 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Prevail Innovative Wealth Advisors LLC boosted its holdings in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 24.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 244,381 shares of the real estate investment trust's stock after purchasing an additional 48,355 shares during the quarter. Starwood Property Trust comprises 1.3% of Prevail Innovative Wealth Advisors LLC's holdings, making the stock its 17th largest holding. Prevail Innovative Wealth Advisors LLC owned 0.07% of Starwood Property Trust worth $4,631,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in STWD. Norges Bank bought a new stake in Starwood Property Trust in the 4th quarter valued at about $63,044,000. Raymond James Financial Inc. acquired a new stake in Starwood Property Trust in the fourth quarter valued at approximately $48,841,000. Leeward Investments LLC MA bought a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $24,791,000. Geode Capital Management LLC raised its position in shares of Starwood Property Trust by 8.1% during the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust's stock worth $108,960,000 after purchasing an additional 399,672 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Starwood Property Trust by 78.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust's stock worth $18,174,000 after purchasing an additional 390,787 shares in the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

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Starwood Property Trust Trading Down 1.9 %

NYSE:STWD traded down $0.37 during trading hours on Thursday, reaching $19.46. The company's stock had a trading volume of 1,729,775 shares, compared to its average volume of 2,302,618. 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 firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of 16.63 and a beta of 1.68. The firm has a 50-day simple moving average of $19.82 and a 200-day simple moving average of $19.80. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year 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. Investors of record on Monday, March 31st will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.87%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust's dividend payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on STWD. Keefe, Bruyette & Woods lowered their price objective on shares of 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 target price on shares of 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 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 stock. According to data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average price target of $22.21.

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.