Boston Family Office LLC Raises Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Boston Family Office LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 9.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 60,904 shares of the real estate investment trust’s stock after acquiring an additional 5,100 shares during the quarter. Boston Family Office LLC’s holdings in Starwood Property Trust were worth $1,154,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Albion Financial Group UT acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $28,000. Brooklyn Investment Group lifted its stake in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the period. UMB Bank n.a. boosted its holdings in Starwood Property Trust by 69.7% during 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 in the last quarter. Smartleaf Asset Management LLC grew its position in Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 854 shares during the period. Finally, Point72 DIFC Ltd purchased a new position in Starwood Property Trust in the third quarter valued at $55,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $19.84 on Wednesday. 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 firm has a market cap of $6.70 billion, a P/E ratio of 16.95 and a beta of 1.68. The firm’s 50 day moving average price is $19.80 and its 200-day moving average price is $19.80. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17.

Starwood Property Trust Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on STWD. JPMorgan Chase & Co. reduced their target price on 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 decreased their price objective 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. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $22.21.

About Starwood Property Trust

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.