Traders Buy High Volume of Starwood Property Trust Call Options (NYSE:STWD)

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 %

Shares of STWD stock opened at $20.56 on Tuesday. The firm has a 50-day moving average price of $19.89 and a 200 day moving average price of $20.51. Starwood Property Trust has a twelve month low of $17.69 and a twelve month high of $24.79. The company has a market capitalization of $6.39 billion, a price-to-earnings ratio of 7.50 and a beta of 1.57. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 3.00.

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

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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.