1620 Investment Advisors Inc. Lowers Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

1620 Investment Advisors Inc. decreased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,382 shares of the real estate investment trust’s stock after selling 1,611 shares during the period. 1620 Investment Advisors Inc.’s holdings in Starwood Property Trust were worth $614,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Wealth Quarterback LLC raised its position in Starwood Property Trust by 3.6% during the fourth quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 518 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Starwood Property Trust by 1.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock worth $654,000 after buying an additional 571 shares during the period. Register Financial Advisors LLC increased its holdings in shares of Starwood Property Trust by 1.4% in the fourth quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust’s stock worth $840,000 after buying an additional 604 shares during the period. UMB Bank n.a. increased its holdings in shares of Starwood Property Trust by 69.7% in the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 717 shares during the period. Finally, Brooklyn Investment Group increased its holdings in shares of Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 730 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Starwood Property Trust stock opened at $20.27 on Friday. The stock’s 50 day simple moving average is $19.66 and its two-hundred day simple moving average is $19.80. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market cap of $6.84 billion, a price-to-earnings ratio of 17.32 and a beta of 1.68. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week 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 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 9.47%. Starwood Property Trust’s payout ratio is 174.55%.

Wall Street Analyst Weigh In

STWD has been the topic of several analyst reports. JPMorgan Chase & Co. decreased their price objective 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 decreased their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. 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 stock. Based on data from MarketBeat, the company presently has a consensus 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.