Signaturefd LLC Has $372,000 Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Signaturefd LLC increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 33.1% during the fourth quarter, HoldingsChannel reports. The fund owned 19,608 shares of the real estate investment trust’s stock after acquiring an additional 4,873 shares during the quarter. Signaturefd LLC’s holdings in Starwood Property Trust were worth $372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its holdings in Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after buying an additional 116,182 shares during the period. BNP Paribas Financial Markets boosted its holdings in Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after purchasing an additional 134,121 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Starwood Property Trust by 31.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock valued at $1,670,000 after purchasing an additional 20,840 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Starwood Property Trust by 66.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after purchasing an additional 90,046 shares during the period. Finally, Kestra Investment Management LLC bought a new position in Starwood Property Trust in the 3rd quarter valued at $2,250,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

STWD has been the subject of several analyst reports. Keefe, Bruyette & Woods cut their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.21.

Starwood Property Trust Stock Performance

Starwood Property Trust stock opened at $20.27 on Friday. The firm’s fifty day moving average price is $19.66 and its 200-day moving average price is $19.80. 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 stock has a market cap of $6.84 billion, a P/E ratio of 17.32 and a beta of 1.68. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.47%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is currently 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.