Certior Financial Group LLC Buys New Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Certior Financial Group LLC purchased a new position in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the fourth quarter, Holdings Channel reports. The fund purchased 21,558 shares of the real estate investment trust’s stock, valued at approximately $409,000.

Several other institutional investors and hedge funds have also bought and sold shares of STWD. Vanguard Group Inc. increased its stake in shares of Starwood Property Trust by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock worth $586,375,000 after acquiring an additional 377,939 shares during the period. Geode Capital Management LLC grew its position in Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after purchasing an additional 399,672 shares during the period. Norges Bank purchased a new position in shares of Starwood Property Trust during the 4th quarter valued at about $63,044,000. Bank of New York Mellon Corp lifted its holdings in shares of Starwood Property Trust by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock valued at $50,593,000 after buying an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Starwood Property Trust in the fourth quarter worth about $48,841,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

Shares of STWD opened at $18.20 on Monday. 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 firm has a market cap of $6.15 billion, a PE ratio of 15.56 and a beta of 1.34. Starwood Property Trust, Inc. has a 12-month low of $17.67 and a 12-month high of $21.17. The company’s 50 day simple moving average is $19.80 and its 200-day simple moving average is $19.77.

Starwood Property Trust Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.55%. Starwood Property Trust’s dividend payout ratio is currently 174.55%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Keefe, Bruyette & Woods lowered their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, Starwood Property Trust currently has an average 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.