Blair William & Co. IL Buys 52,519 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Blair William & Co. IL grew its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 15.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 403,211 shares of the real estate investment trust’s stock after buying an additional 52,519 shares during the quarter. Blair William & Co. IL owned approximately 0.12% of Starwood Property Trust worth $7,641,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods cut their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $22.21.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $19.83 on Friday. The company has a market cap of $6.70 billion, a P/E ratio of 16.94 and a beta of 1.68. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The business has a 50-day moving average price of $19.78 and a two-hundred day moving average price of $19.80. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 9.68%. The ex-dividend date of this dividend is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is presently 174.55%.

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.