Signaturefd LLC Has $283,000 Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Signaturefd LLC grew its position in Starwood Property Trust, Inc. (NYSE:STWD) by 11.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,457 shares of the real estate investment trust’s stock after purchasing an additional 1,330 shares during the period. Signaturefd LLC’s holdings in Starwood Property Trust were worth $283,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Highland Capital Management LLC increased its position in Starwood Property Trust by 1.4% in the 4th quarter. Highland Capital Management LLC now owns 43,200 shares of the real estate investment trust’s stock worth $908,000 after purchasing an additional 600 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Starwood Property Trust by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 129,403 shares of the real estate investment trust’s stock worth $2,504,000 after purchasing an additional 650 shares during the last quarter. Pearl River Capital LLC increased its holdings in shares of Starwood Property Trust by 2.3% during the 3rd quarter. Pearl River Capital LLC now owns 29,769 shares of the real estate investment trust’s stock valued at $576,000 after acquiring an additional 672 shares during the last quarter. M&T Bank Corp increased its holdings in shares of Starwood Property Trust by 4.4% during the 3rd quarter. M&T Bank Corp now owns 16,806 shares of the real estate investment trust’s stock valued at $325,000 after acquiring an additional 712 shares during the last quarter. Finally, Jeppson Wealth Management LLC increased its holdings in shares of Starwood Property Trust by 3.7% during the 4th quarter. Jeppson Wealth Management LLC now owns 21,060 shares of the real estate investment trust’s stock valued at $443,000 after acquiring an additional 753 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Shares of STWD stock opened at $19.51 on Friday. The stock has a 50 day moving average of $19.88 and a two-hundred day moving average of $19.94. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 2.95. Starwood Property Trust, Inc. has a 12 month low of $16.06 and a 12 month high of $22.29. The company has a market capitalization of $6.12 billion, a P/E ratio of 18.23 and a beta of 1.65.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.84%. Starwood Property Trust’s dividend payout ratio is currently 179.44%.

Analysts Set New Price Targets

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

Insiders Place Their Bets

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

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 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.