HighTower Advisors LLC Raises Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

HighTower Advisors LLC increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.3% during the 4th quarter, Holdings Channel reports. The firm owned 1,800,235 shares of the real estate investment trust’s stock after acquiring an additional 74,762 shares during the period. HighTower Advisors LLC’s holdings in Starwood Property Trust were worth $34,114,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Apollon Wealth Management LLC boosted its position in shares of Starwood Property Trust by 7.6% during the third quarter. Apollon Wealth Management LLC now owns 71,544 shares of the real estate investment trust’s stock worth $1,458,000 after acquiring an additional 5,052 shares during the last quarter. Entropy Technologies LP bought a new position in shares of Starwood Property Trust during the 3rd quarter valued at approximately $233,000. Prime Capital Investment Advisors LLC grew its holdings in shares of Starwood Property Trust by 11.9% in the third quarter. Prime Capital Investment Advisors LLC now owns 14,468 shares of the real estate investment trust’s stock valued at $295,000 after purchasing an additional 1,537 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in Starwood Property Trust by 47.9% during the third quarter. Oppenheimer & Co. Inc. now owns 84,700 shares of the real estate investment trust’s stock valued at $1,726,000 after purchasing an additional 27,431 shares in the last quarter. Finally, KBC Group NV lifted its position in Starwood Property Trust by 3.3% during the third quarter. KBC Group NV now owns 98,552 shares of the real estate investment trust’s stock valued at $2,008,000 after purchasing an additional 3,107 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on STWD shares. Keefe, Bruyette & Woods reduced 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. JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Finally, UBS Group boosted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $22.21.

Starwood Property Trust Trading Up 1.9 %

STWD opened at $19.92 on Friday. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. 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 $6.72 billion, a price-to-earnings ratio of 17.02 and a beta of 1.68. The stock’s 50 day moving average price is $19.55 and its 200-day moving average price is $19.82.

Starwood Property Trust Announces Dividend

The business 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 dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.64%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s dividend payout ratio is currently 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.