11,675 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Acquired by Cetera Trust Company N.A

Cetera Trust Company N.A acquired a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWDFree Report) during the 4th quarter, Holdings Channel reports. The fund acquired 11,675 shares of the real estate investment trust’s stock, valued at approximately $245,000.

Other institutional investors have also bought and sold shares of the company. Salem Investment Counselors Inc. grew its holdings in Starwood Property Trust by 50.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,500 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 500 shares in the last quarter. Raymond James Trust N.A. increased its holdings in Starwood Property Trust by 4.1% in the 1st quarter. Raymond James Trust N.A. now owns 12,803 shares of the real estate investment trust’s stock valued at $309,000 after acquiring an additional 500 shares during the last quarter. AQR Capital Management LLC lifted its stake in Starwood Property Trust by 5.8% in the 4th quarter. AQR Capital Management LLC now owns 10,661 shares of the real estate investment trust’s stock worth $195,000 after purchasing an additional 584 shares in the last quarter. Highland Capital Management LLC lifted its stake in Starwood Property Trust by 1.4% in the 4th quarter. Highland Capital Management LLC now owns 43,200 shares of the real estate investment trust’s stock worth $908,000 after purchasing an additional 600 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of Starwood Property Trust by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 129,403 shares of the real estate investment trust’s stock valued at $2,504,000 after purchasing an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Trading Up 0.6 %

NYSE STWD opened at $19.50 on Monday. The company’s 50-day simple moving average is $19.87 and its two-hundred day simple moving average is $19.94. Starwood Property Trust, Inc. has a one year low of $16.06 and a one year high of $22.29. The company has a market capitalization of $6.12 billion, a price-to-earnings ratio of 18.11 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.75 and a current ratio of 1.75.

Starwood Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date was Wednesday, March 27th. Starwood Property Trust’s dividend payout ratio is currently 179.44%.

Analyst Ratings Changes

A number of research analysts have recently commented on STWD shares. Keefe, Bruyette & Woods lowered their target price on Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating for the company in a research report on Wednesday, April 10th. Bank of America reissued a “neutral” rating and set a $21.50 price objective (down from $22.50) on shares of Starwood Property Trust in a research note on Monday, March 4th. Wells Fargo & Company lifted their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. BTIG Research dropped their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a research note on Wednesday, April 17th. Finally, JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.71.

Get Our Latest Stock Report on Starwood Property Trust

Insider Buying and Selling at Starwood Property Trust

In other news, President Jeffrey F. Dimodica sold 25,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the sale, the president now owns 925,984 shares in the company, valued at $18,825,254.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, President Jeffrey F. Dimodica sold 25,000 shares of Starwood Property Trust stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the completion of the sale, the president now owns 925,984 shares of the company’s stock, valued at $18,825,254.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Jeffrey F. Dimodica sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $20.28, for a total transaction of $2,028,000.00. Following the transaction, the president now directly owns 1,226,673 shares of the company’s stock, valued at $24,876,928.44. The disclosure for this sale can be found here. 5.80% of the stock is owned by insiders.

About Starwood Property Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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