Vanguard Group Inc. Boosts Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Vanguard Group Inc. raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 1.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 30,943,260 shares of the real estate investment trust’s stock after acquiring an additional 377,939 shares during the period. Vanguard Group Inc. owned about 0.09% of Starwood Property Trust worth $586,375,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in Starwood Property Trust by 2.3% in the 4th quarter. LPL Financial LLC now owns 457,977 shares of the real estate investment trust’s stock worth $8,679,000 after purchasing an additional 10,136 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in Starwood Property Trust in the fourth quarter worth about $1,268,000. Sei Investments Co. raised its stake in shares of Starwood Property Trust by 154.7% in the fourth quarter. Sei Investments Co. now owns 183,851 shares of the real estate investment trust’s stock worth $3,484,000 after buying an additional 111,654 shares during the period. Virtu Financial LLC lifted its position in shares of Starwood Property Trust by 134.6% during the 4th quarter. Virtu Financial LLC now owns 37,429 shares of the real estate investment trust’s stock valued at $709,000 after buying an additional 21,476 shares in the last quarter. Finally, Palogic Value Management L.P. increased its holdings in Starwood Property Trust by 20.2% in the 4th quarter. Palogic Value Management L.P. now owns 42,637 shares of the real estate investment trust’s stock worth $808,000 after acquiring an additional 7,165 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

STWD stock opened at $19.79 on Tuesday. 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 company’s fifty day moving average price is $19.79 and its 200-day moving average price is $19.80. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The company has a market capitalization of $6.68 billion, a PE ratio of 16.92 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.70%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is presently 174.55%.

Analyst Ratings Changes

Several brokerages have weighed in on STWD. JPMorgan Chase & Co. lowered 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 report on Tuesday, January 21st. Keefe, Bruyette & Woods lowered 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. 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 company. Based on data from MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $22.21.

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.