Clearstead Advisors LLC Purchases 53,070 Shares of Starwood Property Trust, Inc. $STWD

Clearstead Advisors LLC lifted its position in shares of Starwood Property Trust, Inc. (NYSE:STWDFree Report) by 5,393.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,054 shares of the real estate investment trust’s stock after acquiring an additional 53,070 shares during the quarter. Clearstead Advisors LLC’s holdings in Starwood Property Trust were worth $1,047,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new stake in shares of Starwood Property Trust during the second quarter valued at about $25,000. Cloud Capital Management LLC bought a new position in Starwood Property Trust in the 3rd quarter valued at approximately $29,000. Jackson Grant Investment Advisers Inc. acquired a new stake in Starwood Property Trust during the 3rd quarter worth approximately $29,000. Orion Capital Management LLC bought a new stake in Starwood Property Trust during the 3rd quarter worth approximately $39,000. Finally, Financial Gravity Companies Inc. acquired a new position in Starwood Property Trust in the 2nd quarter valued at approximately $44,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of Starwood Property Trust stock opened at $17.71 on Thursday. The business has a 50-day moving average price of $18.21 and a two-hundred day moving average price of $18.78. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.05. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 2.98. The company has a market cap of $6.56 billion, a P/E ratio of 16.86 and a beta of 1.13.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.48 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 10.8%. Starwood Property Trust’s payout ratio is currently 182.86%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods cut their price target on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Wells Fargo & Company decreased their price target on Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, November 11th. Finally, Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average target price of $20.63.

Read Our Latest Analysis on Starwood Property Trust

Key Starwood Property Trust News

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Starwood Property Trust Company Profile

(Free Report)

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.

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

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