Mutual Advisors LLC lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD – Free Report) by 4.7% during the 4th quarter, Holdings Channel reports. The firm owned 34,871 shares of the real estate investment trust’s stock after buying an additional 1,562 shares during the period. Mutual Advisors LLC’s holdings in Starwood Property Trust were worth $671,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in STWD. Albion Financial Group UT purchased a new stake in shares of Starwood Property Trust during the fourth quarter worth approximately $28,000. Brooklyn Investment Group increased its stake in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 730 shares during the period. Future Financial Wealth Managment LLC purchased a new stake in shares of Starwood Property Trust during the third quarter worth approximately $34,000. UMB Bank n.a. increased its stake in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares during the period. Finally, Quarry LP purchased a new stake in shares of Starwood Property Trust during the second quarter worth approximately $36,000. Institutional investors and hedge funds own 49.82% of the company’s stock.
Starwood Property Trust Stock Performance
Shares of STWD opened at $19.19 on Monday. 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 firm has a market cap of $6.47 billion, a PE ratio of 16.40 and a beta of 1.69. The company’s 50 day simple moving average is $19.55 and its 200-day simple moving average is $19.83. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.19.
Starwood Property Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.01%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 164.10%.
Analyst Ratings Changes
STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods cut their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. JMP Securities dropped their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. UBS Group increased their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Finally, JPMorgan Chase & Co. dropped their price target on shares of 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. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.13.
Check Out Our Latest Stock Analysis on STWD
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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