Infrastructure Capital Advisors LLC Purchases 10,956 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Infrastructure Capital Advisors LLC lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 74.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,600 shares of the real estate investment trust’s stock after acquiring an additional 10,956 shares during the quarter. Infrastructure Capital Advisors LLC’s holdings in Starwood Property Trust were worth $453,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in STWD. Salem Investment Counselors Inc. lifted its position in shares of Starwood Property Trust by 50.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,500 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 500 shares in the last quarter. Spire Wealth Management lifted its holdings in Starwood Property Trust by 84.0% during the 1st quarter. Spire Wealth Management now owns 1,840 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 840 shares in the last quarter. GPS Wealth Strategies Group LLC bought a new position in Starwood Property Trust in the 1st quarter worth about $35,000. Stonebridge Capital Advisors LLC boosted its stake in Starwood Property Trust by 50.0% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 3,000 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 1,000 shares during the period. Finally, Covestor Ltd grew its holdings in Starwood Property Trust by 85.7% during the 1st quarter. Covestor Ltd now owns 3,210 shares of the real estate investment trust’s stock valued at $78,000 after buying an additional 1,481 shares in the last quarter. Hedge funds and other institutional investors own 49.60% of the company’s stock.

Starwood Property Trust Trading Up 1.0 %

NYSE STWD opened at $20.55 on Friday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 2.98. The stock’s 50-day simple moving average is $20.27 and its two-hundred day simple moving average is $18.76. Starwood Property Trust, Inc. has a twelve month low of $16.06 and a twelve month high of $23.97. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 11.74 and a beta of 1.60.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a $0.48 dividend. The ex-dividend date was Thursday, June 29th. This represents a $1.92 dividend on an annualized basis and a yield of 9.34%. Starwood Property Trust’s payout ratio is 109.71%.

Analyst Ratings Changes

A number of research firms have recently commented on STWD. BTIG Research raised their price objective on shares of Starwood Property Trust from $19.00 to $21.00 in a research report on Friday, June 30th. JMP Securities reduced their price target on shares of Starwood Property Trust from $26.00 to $24.00 and set a “market outperform” rating for the company in a research report on Friday, July 14th. JPMorgan Chase & Co. increased their price objective on Starwood Property Trust from $18.50 to $21.50 in a research report on Monday, July 24th. Finally, StockNews.com assumed coverage on Starwood Property Trust in a research report on Thursday, August 17th. They set a “hold” rating for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $21.70.

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 four segments: 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.