Xponance Inc. Has $757,000 Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Xponance Inc. grew its position in Starwood Property Trust, Inc. (NYSE:STWD) by 16.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,922 shares of the real estate investment trust’s stock after purchasing an additional 5,759 shares during the period. Xponance Inc.’s holdings in Starwood Property Trust were worth $757,000 at the end of the most recent quarter.

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

Starwood Property Trust Stock Performance

STWD opened at $19.98 on Tuesday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock’s 50 day moving average price is $19.72 and its two-hundred day moving average price is $19.79. The firm has a market capitalization of $6.74 billion, a P/E ratio of 17.07 and a beta of 1.68. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.61%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is currently 174.55%.

Wall Street Analysts Forecast Growth

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

About Starwood Property Trust

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.