Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its stake in shares of Starwood Property Trust, Inc. (NYSE:STWDFree Report) by 15.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 313,592 shares of the real estate investment trust’s stock after selling 58,847 shares during the quarter. Stifel Financial Corp owned about 0.10% of Starwood Property Trust worth $6,592,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its stake in Starwood Property Trust by 615.8% in the 4th quarter. BNP Paribas Financial Markets now owns 149,339 shares of the real estate investment trust’s stock valued at $3,139,000 after purchasing an additional 128,477 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Starwood Property Trust by 97.5% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 104,320 shares of the real estate investment trust’s stock worth $2,018,000 after buying an additional 51,504 shares in the last quarter. Brown Advisory Inc. raised its position in shares of Starwood Property Trust by 77.1% in the fourth quarter. Brown Advisory Inc. now owns 105,596 shares of the real estate investment trust’s stock valued at $2,220,000 after buying an additional 45,983 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Starwood Property Trust by 233.4% during the fourth quarter. Victory Capital Management Inc. now owns 180,403 shares of the real estate investment trust’s stock valued at $3,792,000 after buying an additional 126,298 shares during the period. Finally, International Assets Investment Management LLC boosted its position in Starwood Property Trust by 2,347.1% during the fourth quarter. International Assets Investment Management LLC now owns 270,406 shares of the real estate investment trust’s stock worth $5,684,000 after acquiring an additional 259,356 shares during the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction that occurred on Thursday, March 28th. The shares were 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 owns 1,226,673 shares of the company’s stock, 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. 5.40% of the stock is currently owned by corporate insiders.

Starwood Property Trust Stock Down 1.2 %

Shares of NYSE STWD opened at $18.94 on Friday. The stock has a fifty day moving average price of $19.59 and a 200 day moving average price of $20.13. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 2.80. Starwood Property Trust, Inc. has a 12-month low of $17.07 and a 12-month high of $22.29. The company has a market cap of $5.98 billion, a P/E ratio of 13.62 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors 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 dividend yield of 10.14%. Starwood Property Trust’s payout ratio is currently 138.13%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on STWD shares. Wells Fargo & Company increased their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods lowered 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. BTIG Research cut their price objective on shares of 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 issued a $21.50 target price (down from $22.50) on shares of Starwood Property Trust in a report on Monday, March 4th. Finally, JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $21.88.

Read Our Latest Analysis on Starwood Property Trust

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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