NFC Investments LLC Boosts Position in Starwood Property Trust, Inc. (NYSE:STWD)

NFC Investments LLC increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 638,310 shares of the real estate investment trust’s stock after purchasing an additional 2,362 shares during the quarter. Starwood Property Trust makes up approximately 3.3% of NFC Investments LLC’s portfolio, making the stock its 12th biggest position. NFC Investments LLC’s holdings in Starwood Property Trust were worth $12,096,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wealth Quarterback LLC lifted its stake 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 worth $281,000 after purchasing an additional 518 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in 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 lifted its stake in Starwood Property Trust by 1.4% during the fourth quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust’s stock worth $840,000 after purchasing an additional 604 shares during the last quarter. UMB Bank n.a. lifted its stake 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 purchasing an additional 717 shares during the last quarter. Finally, Brooklyn Investment Group increased its position in 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 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.

Analysts Set New Price Targets

Several research analysts have commented on the company. Keefe, Bruyette & Woods cut 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. cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $22.21.

Starwood Property Trust Trading Up 1.9 %

NYSE:STWD opened at $19.92 on Monday. The firm has a market cap of $6.72 billion, a P/E ratio of 17.02 and a beta of 1.68. 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 stock’s 50 day simple moving average is $19.56 and its 200-day simple moving average is $19.81. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.64%. The ex-dividend date of this dividend is Monday, March 31st. 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.