Prime Capital Investment Advisors LLC Acquires 5,815 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Prime Capital Investment Advisors LLC lifted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 38.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 21,115 shares of the real estate investment trust’s stock after purchasing an additional 5,815 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Starwood Property Trust were worth $444,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in STWD. BlackRock Inc. lifted its stake in shares of Starwood Property Trust by 54.6% during the first quarter. BlackRock Inc. now owns 29,655,633 shares of the real estate investment trust’s stock valued at $524,608,000 after acquiring an additional 10,468,050 shares during the period. State Street Corp lifted its stake in shares of Starwood Property Trust by 83.4% during the first quarter. State Street Corp now owns 8,584,507 shares of the real estate investment trust’s stock valued at $155,952,000 after acquiring an additional 3,902,840 shares during the period. Norges Bank acquired a new position in shares of Starwood Property Trust during the fourth quarter valued at $30,110,000. J.P. Morgan Private Wealth Advisors LLC lifted its stake in shares of Starwood Property Trust by 84.8% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 2,941,284 shares of the real estate investment trust’s stock valued at $56,914,000 after acquiring an additional 1,349,284 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Starwood Property Trust by 26.7% during the third quarter. Northern Trust Corp now owns 3,121,335 shares of the real estate investment trust’s stock valued at $60,398,000 after acquiring an additional 657,180 shares during the period. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 1.6 %

Shares of Starwood Property Trust stock opened at $19.43 on Friday. Starwood Property Trust, Inc. has a 1 year low of $16.06 and a 1 year high of $22.29. The business has a 50-day moving average of $19.92 and a two-hundred day moving average of $19.93. The company has a market capitalization of $6.10 billion, a P/E ratio of 18.16 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.75 and a quick ratio of 1.75.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.92 annualized dividend and a dividend yield of 9.88%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 179.44%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on STWD shares. Bank of America reissued a “neutral” rating and issued a $21.50 target price (down previously from $22.50) on shares of Starwood Property Trust in a research note on Monday, March 4th. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating on the stock in a research note on Wednesday. Wells Fargo & Company increased their target price on Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Finally, JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $21.43.

Insiders Place Their Bets

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $20.28, for a total value of $2,028,000.00. Following the completion of the sale, the president now directly owns 1,226,673 shares in the company, valued at $24,876,928.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, President Jeffrey F. Dimodica sold 25,000 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the completion of the transaction, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $20.28, for a total value of $2,028,000.00. Following the transaction, the president now owns 1,226,673 shares of the company’s stock, valued at $24,876,928.44. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

About Starwood Property Trust

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.