Natixis Sells 184,503 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Natixis lessened its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 55.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 145,976 shares of the real estate investment trust’s stock after selling 184,503 shares during the quarter. Natixis’ holdings in Starwood Property Trust were worth $2,766,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of STWD. First Trust Advisors LP grew its position in Starwood Property Trust by 36.0% during the fourth quarter. First Trust Advisors LP now owns 373,918 shares of the real estate investment trust’s stock valued at $7,086,000 after buying an additional 98,974 shares during the period. Commerce Bank grew its holdings in Starwood Property Trust by 28.3% during the fourth quarter. Commerce Bank now owns 19,402 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 4,276 shares during the period. NewEdge Advisors LLC increased its position in Starwood Property Trust by 25.7% in the fourth quarter. NewEdge Advisors LLC now owns 15,822 shares of the real estate investment trust’s stock worth $300,000 after buying an additional 3,236 shares in the last quarter. M Holdings Securities Inc. increased its position in Starwood Property Trust by 10.0% in the fourth quarter. M Holdings Securities Inc. now owns 11,046 shares of the real estate investment trust’s stock worth $209,000 after buying an additional 1,000 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in shares of Starwood Property Trust in the fourth quarter worth about $271,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Down 1.8 %

STWD opened at $18.23 on Tuesday. The company has a market capitalization of $6.16 billion, a PE ratio of 15.58 and a beta of 1.34. The firm has a 50-day simple moving average of $19.45 and a two-hundred day simple moving average of $19.55. 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, Inc. has a 52 week low of $16.59 and a 52 week high of $21.17.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.53%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust’s payout ratio is 174.55%.

Wall Street Analyst Weigh In

STWD has been the subject of several analyst reports. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, April 7th. UBS Group decreased their price objective on shares of Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, JPMorgan Chase & Co. decreased their price target on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Wednesday, April 16th. Two research 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 company. According to data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average price target of $21.86.

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.