Caisse Des Depots ET Consignations Takes $1.52 Million Position in Starwood Property Trust, Inc. (NYSE:STWD)

Caisse Des Depots ET Consignations purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 80,063 shares of the real estate investment trust’s stock, valued at approximately $1,517,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wealth Quarterback LLC grew its position in Starwood Property Trust by 3.6% during the 4th quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust’s stock worth $281,000 after acquiring an additional 518 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Starwood Property Trust by 1.7% during 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 purchasing an additional 571 shares during the last quarter. Register Financial Advisors LLC increased its stake 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 valued at $840,000 after buying an additional 604 shares during the period. UMB Bank n.a. raised its holdings 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 valued at $33,000 after buying an additional 717 shares during the last quarter. Finally, Brooklyn Investment Group boosted its position in Starwood Property Trust by 86.1% during the 4th 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. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on STWD shares. JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. Two equities research 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.21.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $20.02 on Friday. The business has a 50-day moving average price of $19.77 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. 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 company has a market cap of $6.76 billion, a P/E ratio of 17.11 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.59%. Starwood Property Trust’s payout ratio is currently 174.55%.

Starwood Property Trust Company 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.