Waterfront Capital Partners LLC Raises Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Waterfront Capital Partners LLC raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 138.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 633,016 shares of the real estate investment trust's stock after acquiring an additional 367,487 shares during the quarter. Starwood Property Trust makes up 2.2% of Waterfront Capital Partners LLC's investment portfolio, making the stock its 22nd biggest holding. Waterfront Capital Partners LLC owned about 0.19% of Starwood Property Trust worth $11,996,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Argosy Lionbridge Management LLC acquired a new position in shares of Starwood Property Trust during the 4th quarter worth about $1,232,000. Adage Capital Partners GP L.L.C. boosted its position in shares of Starwood Property Trust by 17.8% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,648,904 shares of the real estate investment trust's stock valued at $31,247,000 after purchasing an additional 248,904 shares during the period. MGO One Seven LLC boosted its position in shares of Starwood Property Trust by 11.0% in the 4th quarter. MGO One Seven LLC now owns 42,898 shares of the real estate investment trust's stock valued at $813,000 after purchasing an additional 4,252 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Starwood Property Trust by 1.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 185,390 shares of the real estate investment trust's stock valued at $3,514,000 after purchasing an additional 2,253 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Starwood Property Trust by 166.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 29,940 shares of the real estate investment trust's stock valued at $567,000 after purchasing an additional 18,722 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on STWD shares. JPMorgan Chase & Co. decreased their target price on Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. UBS Group decreased their target price on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Finally, Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two investment 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 data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.86.

Starwood Property Trust Stock Performance

STWD traded up $0.24 during trading on Monday, hitting $19.12. The stock had a trading volume of 2,000,581 shares, compared to its average volume of 2,452,589. 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 $6.46 billion, a P/E ratio of 16.34 and a beta of 1.34. The company's 50-day moving average price is $19.36 and its 200 day moving average price is $19.52. Starwood Property Trust, Inc. has a twelve month low of $16.59 and a twelve month high of $21.17.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.48 per share. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.04%. Starwood Property Trust's payout ratio is currently 174.55%.

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.