25,469 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Purchased by Cerity Partners LLC

Cerity Partners LLC purchased a new position in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,469 shares of the real estate investment trust’s stock, valued at approximately $535,000.

A number of other hedge funds also recently bought and sold shares of STWD. Simplicity Solutions LLC lifted its stake in Starwood Property Trust by 1.0% during the 3rd quarter. Simplicity Solutions LLC now owns 148,154 shares of the real estate investment trust’s stock valued at $2,867,000 after acquiring an additional 1,406 shares during the period. Red Door Wealth Management LLC lifted its stake in shares of Starwood Property Trust by 27.6% in the 3rd quarter. Red Door Wealth Management LLC now owns 27,166 shares of the real estate investment trust’s stock worth $526,000 after purchasing an additional 5,870 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Starwood Property Trust by 10.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,282,284 shares of the real estate investment trust’s stock worth $24,812,000 after purchasing an additional 123,643 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of Starwood Property Trust by 74.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 27,643 shares of the real estate investment trust’s stock worth $535,000 after purchasing an additional 11,816 shares during the period. Finally, Stratos Wealth Advisors LLC bought a new position in shares of Starwood Property Trust in the 3rd quarter worth approximately $564,000. Institutional investors own 49.82% of the company’s stock.

Insider Transactions at Starwood Property Trust

In other news, President Jeffrey F. Dimodica sold 100,000 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $20.28, for a total transaction of $2,028,000.00. Following the transaction, the president now owns 1,226,673 shares in the company, valued at $24,876,928.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, President Jeffrey F. Dimodica sold 25,000 shares of the business’s 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 sale, the president now owns 925,984 shares in the company, valued at $18,825,254.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Jeffrey F. Dimodica sold 100,000 shares of the business’s 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 sale, the president now owns 1,226,673 shares in the company, valued at approximately $24,876,928.44. The disclosure for this sale can be found here. Corporate insiders own 5.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Bank of America reiterated a “neutral” rating and issued a $21.50 price objective (down previously from $22.50) on shares of Starwood Property Trust in a research note on Monday, March 4th. JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, April 10th. Keefe, Bruyette & Woods cut their price objective on shares of Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating for the company in a report on Wednesday, April 10th. BTIG Research cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. Finally, Wells Fargo & Company increased their price objective on shares of Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Starwood Property Trust has a consensus rating of “Moderate Buy” and an average target price of $21.71.

Starwood Property Trust Stock Down 1.6 %

Shares of STWD opened at $19.40 on Thursday. Starwood Property Trust, Inc. has a 52-week low of $16.06 and a 52-week high of $22.29. The company has a market cap of $6.09 billion, a PE ratio of 18.13 and a beta of 1.65. The business has a fifty day moving average of $19.88 and a 200 day moving average of $19.95. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 2.95.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.92 annualized dividend and a dividend yield of 9.90%. Starwood Property Trust’s dividend payout ratio (DPR) is 179.44%.

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.