Virtu Financial LLC Raises Position in Starwood Property Trust, Inc. (NYSE:STWD)

Virtu Financial LLC lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 134.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,429 shares of the real estate investment trust's stock after purchasing an additional 21,476 shares during the period. Virtu Financial LLC's holdings in Starwood Property Trust were worth $709,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its position in Starwood Property Trust by 8.1% in 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 buying an additional 399,672 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of 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. purchased a new stake in Starwood Property Trust in the 4th quarter worth approximately $48,841,000. Charles Schwab Investment Management Inc. raised its stake in Starwood Property Trust by 2.0% during the 4th 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 acquiring an additional 43,109 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in 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 owned by institutional investors.

Starwood Property Trust Stock Up 0.2 %

Shares of STWD stock opened at $19.98 on Tuesday. The company's fifty day simple moving average is $19.72 and its two-hundred day simple moving average is $19.79. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. The stock has a market cap of $6.74 billion, a P/E ratio of 17.07 and a beta of 1.68. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.48 per share. 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 payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. 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. JPMorgan Chase & Co. decreased their price target on 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 investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $22.21.

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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.

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