Starwood Property Trust, Inc. $STWD Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 7.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,976,364 shares of the real estate investment trust’s stock after buying an additional 2,193,085 shares during the quarter. Vanguard Group Inc. owned approximately 8.98% of Starwood Property Trust worth $638,752,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. DLD Asset Management LP purchased a new stake in Starwood Property Trust in the 2nd quarter worth approximately $692,415,000. Norges Bank acquired a new position in shares of Starwood Property Trust in the 2nd quarter valued at $71,492,000. HighTower Advisors LLC lifted its stake in shares of Starwood Property Trust by 8.2% in the 3rd quarter. HighTower Advisors LLC now owns 2,342,321 shares of the real estate investment trust’s stock valued at $45,371,000 after purchasing an additional 177,281 shares during the period. Advisors Capital Management LLC boosted its holdings in Starwood Property Trust by 1.9% during the second quarter. Advisors Capital Management LLC now owns 1,382,338 shares of the real estate investment trust’s stock worth $27,744,000 after buying an additional 25,624 shares in the last quarter. Finally, Boston Partners grew its position in Starwood Property Trust by 124.4% during the second quarter. Boston Partners now owns 1,102,847 shares of the real estate investment trust’s stock valued at $22,060,000 after buying an additional 611,303 shares during the period. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

STWD has been the topic of several recent analyst reports. Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Wells Fargo & Company reduced their price target on Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, November 11th. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Starwood Property Trust in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.63.

Starwood Property Trust Stock Performance

NYSE STWD opened at $17.82 on Tuesday. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.33 and a quick ratio of 1.33. The stock’s 50 day simple moving average is $18.24 and its 200-day simple moving average is $18.80. The company has a market cap of $6.60 billion, a PE ratio of 16.97 and a beta of 1.13. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.8%. Starwood Property Trust’s dividend payout ratio is presently 182.86%.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.