Fiduciary Group LLC Acquires 2,808 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Fiduciary Group LLC grew its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 13.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 23,339 shares of the real estate investment trust’s stock after buying an additional 2,808 shares during the quarter. Fiduciary Group LLC’s holdings in Starwood Property Trust were worth $442,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Albion Financial Group UT bought a new position in Starwood Property Trust in the 4th quarter worth about $28,000. Brooklyn Investment Group boosted its position 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 valued at $30,000 after acquiring an additional 730 shares during the period. UMB Bank n.a. grew its stake in Starwood Property Trust by 69.7% during 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 in the last quarter. Smartleaf Asset Management LLC increased its holdings 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 worth $36,000 after acquiring an additional 854 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in Starwood Property Trust in the 3rd quarter worth approximately $55,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

STWD has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on 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. Two equities research 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 company’s stock. According to data from MarketBeat, Starwood Property Trust currently has an average rating of “Moderate Buy” and a consensus target price of $22.21.

Starwood Property Trust Stock Up 0.1 %

STWD opened at $20.27 on Friday. 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 business’s fifty day simple moving average is $19.66 and its 200 day simple moving average is $19.80. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. The stock has a market cap of $6.84 billion, a PE ratio of 17.32 and a beta of 1.68.

Starwood Property Trust Announces Dividend

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 issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.47%. Starwood Property Trust’s dividend payout ratio is 174.55%.

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.