Starwood Property Trust, Inc. (NYSE:STWD) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,153,097 shares of the real estate investment trust’s stock after purchasing an additional 43,109 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Starwood Property Trust were worth $40,801,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in STWD. Entropy Technologies LP acquired a new stake in shares of Starwood Property Trust during the third quarter worth $233,000. Prime Capital Investment Advisors LLC lifted its position in Starwood Property Trust by 11.9% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 14,468 shares of the real estate investment trust’s stock worth $295,000 after acquiring an additional 1,537 shares during the period. Oppenheimer & Co. Inc. grew its stake in Starwood Property Trust by 47.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 84,700 shares of the real estate investment trust’s stock valued at $1,726,000 after purchasing an additional 27,431 shares during the last quarter. KBC Group NV increased its holdings in shares of Starwood Property Trust by 3.3% in the third quarter. KBC Group NV now owns 98,552 shares of the real estate investment trust’s stock valued at $2,008,000 after purchasing an additional 3,107 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Starwood Property Trust in the third quarter worth about $237,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on STWD. JPMorgan Chase & Co. dropped their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods dropped 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. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.21.

Starwood Property Trust Trading Up 1.9 %

Starwood Property Trust stock opened at $19.92 on Friday. The firm has a market cap of $6.72 billion, a PE ratio of 17.02 and a beta of 1.68. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17. The stock’s 50 day simple moving average is $19.56 and its two-hundred day simple moving average is $19.81. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Dividend Announcement

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 given a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a yield of 9.64%. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

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.