MQS Management LLC Buys Shares of 12,199 Starwood Property Trust, Inc. (NYSE:STWD)

MQS Management LLC purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,199 shares of the real estate investment trust’s stock, valued at approximately $248,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in Starwood Property Trust in the 4th quarter worth about $26,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Starwood Property Trust during the first quarter worth about $26,000. ICA Group Wealth Management LLC acquired a new position in shares of Starwood Property Trust in the fourth quarter valued at approximately $28,000. Core Wealth Advisors Inc. bought a new position in Starwood Property Trust in the 4th quarter valued at approximately $32,000. Finally, Cape Investment Advisory Inc. acquired a new stake in Starwood Property Trust during the 4th quarter worth approximately $32,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Trading Up 0.3 %

Shares of Starwood Property Trust stock traded up $0.05 on Thursday, hitting $19.63. 2,105,010 shares of the company’s stock traded hands, compared to its average volume of 2,212,804. The company has a fifty day moving average of $19.42 and a two-hundred day moving average of $19.80. Starwood Property Trust, Inc. has a one year low of $17.07 and a one year high of $22.29. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 14.12 and a beta of 1.69. The company has a debt-to-equity ratio of 2.80, a current ratio of 2.49 and a quick ratio of 2.49.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 9.78%. The ex-dividend date of this dividend is Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio (DPR) is 138.13%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Raymond James decreased their price target on shares of Starwood Property Trust from $23.50 to $23.00 and set a “strong-buy” rating for the company in a research report on Thursday, May 16th. Keefe, Bruyette & Woods lowered their target price on Starwood Property Trust from $20.50 to $20.00 and set a “market perform” rating for the company in a research report on Wednesday, July 10th. Wolfe Research began coverage on Starwood Property Trust in a research report on Tuesday, June 25th. They issued a “peer perform” rating on the stock. JPMorgan Chase & Co. raised their price objective on Starwood Property Trust from $20.00 to $20.50 and gave the stock an “overweight” rating in a research report on Tuesday, July 16th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a research note on Friday, July 19th. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.71.

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.