Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by United Services Automobile Association

United Services Automobile Association trimmed its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 5.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,560 shares of the real estate investment trust’s stock after selling 1,199 shares during the quarter. United Services Automobile Association’s holdings in Starwood Property Trust were worth $371,000 at the end of the most recent quarter.

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

Starwood Property Trust Price Performance

STWD stock opened at $19.98 on Tuesday. The business has a 50 day moving average price of $19.72 and a 200 day moving average price of $19.79. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 17.07 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. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.61%. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on STWD shares. Keefe, Bruyette & Woods cut 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. JPMorgan Chase & Co. dropped their price objective on shares of 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. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average price target of $22.21.

About Starwood Property Trust

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.