Advisory Services Network LLC Has $199,000 Position in Starwood Property Trust, Inc. (NYSE:STWD)

Advisory Services Network LLC boosted its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWDFree Report) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,455 shares of the real estate investment trust’s stock after buying an additional 644 shares during the period. Advisory Services Network LLC’s holdings in Starwood Property Trust were worth $199,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Parkside Financial Bank & Trust boosted its stake in Starwood Property Trust by 9.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,436 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 547 shares in the last quarter. Highland Capital Management LLC lifted its holdings in shares of Starwood Property Trust by 1.4% during the fourth quarter. Highland Capital Management LLC now owns 43,200 shares of the real estate investment trust’s stock valued at $908,000 after acquiring an additional 600 shares during the period. Treasurer of the State of North Carolina lifted its holdings in shares of Starwood Property Trust by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 129,403 shares of the real estate investment trust’s stock valued at $2,504,000 after acquiring an additional 650 shares during the period. Commerce Bank lifted its holdings in shares of Starwood Property Trust by 5.3% during the fourth quarter. Commerce Bank now owns 13,178 shares of the real estate investment trust’s stock valued at $277,000 after acquiring an additional 664 shares during the period. Finally, Pearl River Capital LLC lifted its holdings in shares of Starwood Property Trust by 2.3% during the third 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 period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

STWD has been the subject of a number of analyst reports. Bank of America reissued a “neutral” rating and set a $21.50 price objective (down from $22.50) on shares of Starwood Property Trust in a report on Monday, March 4th. JPMorgan Chase & Co. cut their price objective on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating for the company in a report on Wednesday, April 10th. BTIG Research cut their price target on Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. Keefe, Bruyette & Woods cut their price target on 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. Finally, Wells Fargo & Company lifted their price target on 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, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Starwood Property Trust currently has an average rating of “Moderate Buy” and an average price target of $21.88.

Read Our Latest Report on Starwood Property Trust

Insiders Place Their Bets

In other Starwood Property Trust news, 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 transaction of $2,028,000.00. Following the completion of the sale, the president now directly owns 1,226,673 shares of the company’s stock, valued at approximately $24,876,928.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.40% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of NYSE:STWD opened at $19.33 on Thursday. The stock has a market capitalization of $6.11 billion, a P/E ratio of 13.91 and a beta of 1.68. Starwood Property Trust, Inc. has a 1-year low of $17.07 and a 1-year high of $22.29. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 2.80. The business has a 50-day moving average price of $19.63 and a two-hundred day moving average price of $20.14.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued a dividend of $0.48 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.92 annualized dividend and a yield of 9.93%. Starwood Property Trust’s dividend payout ratio is currently 138.13%.

Starwood Property Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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