Starwood Property Trust, Inc. (NYSE:STWD) Shares Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 15.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 49,385 shares of the real estate investment trust’s stock after purchasing an additional 6,752 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Starwood Property Trust were worth $936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of STWD. Wealth Quarterback LLC grew its stake in Starwood Property Trust by 3.6% during the 4th quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust’s stock worth $281,000 after buying an additional 518 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Starwood Property Trust by 1.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock worth $654,000 after acquiring an additional 571 shares during the last quarter. Register Financial Advisors LLC increased its holdings in shares of Starwood Property Trust by 1.4% in the 4th quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust’s stock valued at $840,000 after acquiring an additional 604 shares during the period. UMB Bank n.a. raised its position in Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 717 shares during the last quarter. Finally, Brooklyn Investment Group boosted its stake in Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 730 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Trading Down 5.2 %

Shares of STWD opened at $18.20 on Monday. Starwood Property Trust, Inc. has a twelve month low of $18.08 and a twelve month high of $21.17. 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 capitalization of $6.15 billion, a P/E ratio of 15.56 and a beta of 1.34. The firm’s 50-day moving average is $19.80 and its two-hundred day moving average is $19.77.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.55%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust’s payout ratio is currently 174.55%.

Analyst Ratings Changes

A number of research analysts have commented on STWD shares. 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 research note on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Two equities 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. Based on data from MarketBeat, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average target price of $22.21.

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.