HUB Investment Partners LLC Sells 16,827 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

HUB Investment Partners LLC reduced its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 276,082 shares of the real estate investment trust’s stock after selling 16,827 shares during the quarter. HUB Investment Partners LLC’s holdings in Starwood Property Trust were worth $5,232,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Starwood Property Trust by 1.1% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 70,740 shares of the real estate investment trust’s stock valued at $1,341,000 after purchasing an additional 755 shares in the last quarter. Fiduciary Group LLC increased its position in Starwood Property Trust by 13.7% in the 4th quarter. Fiduciary Group LLC now owns 23,339 shares of the real estate investment trust’s stock valued at $442,000 after buying an additional 2,808 shares in the last quarter. Xponance Inc. raised its stake in Starwood Property Trust by 16.9% during the 4th quarter. Xponance Inc. now owns 39,922 shares of the real estate investment trust’s stock worth $757,000 after buying an additional 5,759 shares during the period. Signaturefd LLC boosted its holdings in Starwood Property Trust by 33.1% in the fourth quarter. Signaturefd LLC now owns 19,608 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 4,873 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of Starwood Property Trust by 7.2% during the fourth quarter. Parallel Advisors LLC now owns 52,099 shares of the real estate investment trust’s stock valued at $987,000 after acquiring an additional 3,490 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company 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 report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $22.21.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $20.23 on Thursday. 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 business has a fifty day simple moving average of $19.63 and a two-hundred day simple moving average of $19.80. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17. The firm has a market capitalization of $6.83 billion, a P/E ratio of 17.29 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust’s payout ratio is 174.55%.

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.