Starwood Property Trust, Inc. (NYSE:STWD – Get Rating) was the target of unusually large options trading on Monday. Stock traders purchased 4,731 call options on the stock. This is an increase of approximately 98% compared to the typical volume of 2,388 call options.
Institutional Investors Weigh In On Starwood Property Trust
Several hedge funds have recently modified their holdings of STWD. Blair William & Co. IL boosted its holdings in shares of Starwood Property Trust by 28.1% in the 3rd quarter. Blair William & Co. IL now owns 204,492 shares of the real estate investment trust’s stock valued at $3,726,000 after purchasing an additional 44,829 shares during the last quarter. M Holdings Securities Inc. boosted its holdings in shares of Starwood Property Trust by 11.4% in the 2nd quarter. M Holdings Securities Inc. now owns 11,550 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 1,181 shares during the last quarter. Banque Pictet & Cie SA acquired a new position in shares of Starwood Property Trust in the 2nd quarter valued at $616,000. SkyOak Wealth LLC boosted its holdings in shares of Starwood Property Trust by 1.6% in the 3rd quarter. SkyOak Wealth LLC now owns 110,234 shares of the real estate investment trust’s stock valued at $2,008,000 after purchasing an additional 1,757 shares during the last quarter. Finally, Roosevelt Investment Group LLC boosted its holdings in shares of Starwood Property Trust by 14.8% in the 3rd quarter. Roosevelt Investment Group LLC now owns 15,493 shares of the real estate investment trust’s stock valued at $282,000 after purchasing an additional 2,000 shares during the last quarter. 43.77% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Credit Suisse Group downgraded Starwood Property Trust from an “outperform” rating to a “neutral” rating in a research note on Monday, January 9th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus price target of $25.58.
Starwood Property Trust Trading Up 4.6 %
Starwood Property Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 13th. Stockholders of record on Friday, December 30th were issued a dividend of $0.48 per share. The ex-dividend date was Thursday, December 29th. This represents a $1.92 annualized dividend and a dividend yield of 9.34%. Starwood Property Trust’s payout ratio is currently 70.07%.
About Starwood Property Trust
Starwood Property Trust, Inc engages in originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending, Real Estate Property, Infrastructure Lending and Real Estate Investing and Servicing.
- Get a free copy of the StockNews.com research report on Starwood Property Trust (STWD)
- Go Where the Money Is. Here’s 3 Top Bank Dividend Stocks to Buy
- Another Catalyst For Mullen Automotive Stock
- Solar Tech-Services; Nextracker Should Be On Your Radar
- Is American Lithium a Safe Bet as Demand for Lithium Soars
- Highwoods Properties, High-quality Real Estate for a Discount
Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.