Sargent Investment Group LLC Grows Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Sargent Investment Group LLC increased its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,868 shares of the real estate investment trust’s stock after buying an additional 2,980 shares during the period. Sargent Investment Group LLC owned about 0.06% of Starwood Property Trust worth $4,096,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STWD. Teachers Retirement System of The State of Kentucky increased its stake in Starwood Property Trust by 97.5% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 104,320 shares of the real estate investment trust’s stock valued at $2,018,000 after purchasing an additional 51,504 shares during the last quarter. International Assets Investment Management LLC increased its stake in Starwood Property Trust by 2,347.1% in the fourth quarter. International Assets Investment Management LLC now owns 270,406 shares of the real estate investment trust’s stock valued at $5,684,000 after purchasing an additional 259,356 shares during the last quarter. Adage Capital Partners GP L.L.C. acquired a new position in Starwood Property Trust in the third quarter valued at $6,772,000. Campbell & CO Investment Adviser LLC acquired a new position in Starwood Property Trust in the third quarter valued at $506,000. Finally, Northern Trust Corp increased its stake in Starwood Property Trust by 26.7% in the third quarter. Northern Trust Corp now owns 3,121,335 shares of the real estate investment trust’s stock valued at $60,398,000 after purchasing an additional 657,180 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

STWD stock traded up $0.39 on Friday, reaching $19.50. The company’s stock had a trading volume of 2,296,589 shares, compared to its average volume of 1,875,683. Starwood Property Trust, Inc. has a 52 week low of $16.06 and a 52 week high of $22.29. The company has a market capitalization of $6.12 billion, a P/E ratio of 18.22 and a beta of 1.65. The firm has a fifty day moving average of $19.87 and a two-hundred day moving average of $19.95. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.75 and a quick ratio of 1.75.

Starwood Property Trust Dividend Announcement

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

Analysts Set New Price Targets

STWD has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their price target on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating for the company in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods lowered their price target 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 target (down previously from $22.50) on shares of Starwood Property Trust in a research report on Monday, March 4th. BTIG Research lowered their price target on Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a research report on Wednesday, April 17th. Finally, Wells Fargo & Company upped their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus target price of $21.71.

Insider Buying and Selling

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction 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 completion of the transaction, the president now directly owns 1,226,673 shares of the company’s stock, valued at approximately $24,876,928.44. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction 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 completion of the sale, the president now directly owns 1,226,673 shares in the company, valued at $24,876,928.44. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Jeffrey F. Dimodica sold 25,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the transaction, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

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.