Palogic Value Management L.P. Purchases 7,165 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Palogic Value Management L.P. increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 20.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,637 shares of the real estate investment trust’s stock after purchasing an additional 7,165 shares during the period. Palogic Value Management L.P.’s holdings in Starwood Property Trust were worth $808,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after acquiring an additional 116,182 shares in the last quarter. BNP Paribas Financial Markets increased its stake 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 valued at $4,590,000 after purchasing an additional 134,121 shares in the last quarter. Atria Wealth Solutions Inc. raised its holdings in shares of 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 valued at $1,670,000 after purchasing an additional 20,840 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Starwood Property Trust in the 3rd quarter valued at about $2,250,000. Finally, Proficio Capital Partners LLC bought a new stake in Starwood Property Trust in the 4th quarter valued at about $377,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

STWD opened at $19.83 on Friday. The firm’s fifty day moving average price is $19.78 and its two-hundred day moving average price is $19.80. The company has a market capitalization of $6.70 billion, a price-to-earnings ratio of 16.94 and a beta of 1.68. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 yield of 9.68%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s payout ratio is 174.55%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Keefe, Bruyette & Woods reduced their price objective on 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. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.21.

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.