AIA Group Ltd Sells 796 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

AIA Group Ltd decreased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 37,722 shares of the real estate investment trust’s stock after selling 796 shares during the period. AIA Group Ltd’s holdings in Starwood Property Trust were worth $715,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of STWD. Albion Financial Group UT acquired a new position in Starwood Property Trust during the 4th quarter worth about $28,000. Brooklyn Investment Group lifted its stake in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 730 shares during the period. UMB Bank n.a. boosted its holdings in Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 717 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Starwood Property Trust by 83.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 854 shares during the period. Finally, Point72 DIFC Ltd bought a new position in Starwood Property Trust during the 3rd quarter worth approximately $55,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Keefe, Bruyette & Woods reduced 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. decreased their price target 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. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Trading Down 0.3 %

NYSE:STWD opened at $19.79 on Tuesday. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 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 stock has a market capitalization of $6.68 billion, a price-to-earnings ratio of 16.92 and a beta of 1.68. The firm has a fifty day simple moving average of $19.79 and a two-hundred day simple moving average of $19.80.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.48 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.70%. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

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.