Cibc World Markets Corp Grows Position in Starwood Property Trust, Inc. (NYSE:STWD)

Cibc World Markets Corp lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 11.0% in the fourth quarter, Holdings Channel reports. The firm owned 93,174 shares of the real estate investment trust’s stock after purchasing an additional 9,270 shares during the period. Cibc World Markets Corp’s holdings in Starwood Property Trust were worth $1,766,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Quarterback LLC increased its position in shares of Starwood Property Trust by 3.6% in the fourth 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 in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Starwood Property Trust by 1.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock valued at $654,000 after purchasing an additional 571 shares in the last quarter. Register Financial Advisors LLC raised its position in 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 purchasing an additional 604 shares during the period. UMB Bank n.a. lifted its stake in shares of 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 purchasing an additional 717 shares in the last quarter. Finally, Brooklyn Investment Group boosted its position 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. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on STWD. Keefe, Bruyette & Woods reduced their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Price Performance

STWD stock opened at $19.95 on Friday. The stock’s 50 day moving average is $19.69 and its two-hundred day moving average is $19.80. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17. The company has a market capitalization of $6.73 billion, a PE ratio of 17.05 and a beta of 1.68. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 annualized dividend and a yield of 9.63%. Starwood Property Trust’s dividend payout ratio 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.