Cynosure Group LLC Invests $343,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Cynosure Group LLC bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,080 shares of the real estate investment trust’s stock, valued at approximately $343,000.

Other large investors have also recently bought and sold shares of the company. Albion Financial Group UT acquired a new stake in shares of Starwood Property Trust during the 4th quarter worth about $28,000. Brooklyn Investment Group lifted its stake in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares during the period. UMB Bank n.a. grew its stake in Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 717 shares during the period. Smartleaf Asset Management LLC raised its holdings in Starwood Property Trust by 83.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 854 shares during the last quarter. Finally, Point72 DIFC Ltd purchased a new position in shares of Starwood Property Trust during the 3rd quarter worth $55,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE STWD opened at $19.84 on Thursday. The business’s 50-day simple moving average is $19.82 and its 200-day simple moving average is $19.80. The firm has a market capitalization of $6.70 billion, a P/E ratio of 16.96 and a beta of 1.68. Starwood Property Trust, Inc. has a 1-year low of $18.12 and a 1-year high of $21.17. 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 Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on STWD. Keefe, Bruyette & Woods dropped their target price 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 target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and an average 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.