HUB Investment Partners LLC Trims Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

HUB Investment Partners LLC reduced its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 276,082 shares of the real estate investment trust's stock after selling 16,827 shares during the quarter. HUB Investment Partners LLC owned approximately 0.08% of Starwood Property Trust worth $5,232,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in 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 valued at $108,960,000 after buying an additional 399,672 shares during the period. Bank of New York Mellon Corp lifted its position in Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock valued at $50,593,000 after acquiring an additional 10,979 shares during the period. Raymond James Financial Inc. bought a new stake in Starwood Property Trust during the fourth quarter worth about $48,841,000. Charles Schwab Investment Management Inc. grew its holdings in Starwood Property Trust by 2.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,153,097 shares of the real estate investment trust's stock worth $40,801,000 after purchasing an additional 43,109 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Starwood Property Trust by 4.3% during the fourth quarter. HighTower Advisors LLC now owns 1,800,235 shares of the real estate investment trust's stock valued at $34,114,000 after purchasing an additional 74,762 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

STWD has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods reduced their price objective on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $22.21.

Starwood Property Trust Stock Performance

NYSE:STWD traded up $0.04 during mid-day trading on Monday, reaching $19.98. The company's stock had a trading volume of 2,047,267 shares, compared to its average volume of 2,220,232. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market cap of $6.74 billion, a P/E ratio of 17.07 and a beta of 1.68. The firm's fifty day moving average price is $19.72 and its two-hundred day moving average price is $19.79. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month 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 given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.61%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust's dividend payout ratio (DPR) is presently 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.