Starwood Property Trust, Inc. (NYSE:STWD) Shares Bought by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC grew its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 24.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 244,381 shares of the real estate investment trust’s stock after buying an additional 48,355 shares during the period. Starwood Property Trust accounts for 1.3% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Prevail Innovative Wealth Advisors LLC owned about 0.07% of Starwood Property Trust worth $4,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after purchasing an additional 116,182 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Starwood Property Trust by 147.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 134,121 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in Starwood Property Trust by 31.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after buying an additional 20,840 shares during the period. Kestra Investment Management LLC purchased a new stake in Starwood Property Trust in the third quarter valued at approximately $2,250,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at approximately $377,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Down 0.9 %

Shares of NYSE:STWD opened at $19.83 on Friday. The company has a market capitalization of $6.70 billion, a P/E ratio of 16.94 and a beta of 1.68. The stock’s fifty day simple moving average is $19.78 and its 200-day simple moving average is $19.80. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.68%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on STWD. JPMorgan Chase & Co. reduced their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of “Moderate Buy” and a consensus target price of $22.21.

Starwood Property Trust Company 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.