Samalin Investment Counsel LLC Has $555,000 Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Samalin Investment Counsel LLC lessened its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 14.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,306 shares of the real estate investment trust’s stock after selling 5,020 shares during the period. Samalin Investment Counsel LLC’s holdings in Starwood Property Trust were worth $555,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its stake in Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock worth $43,002,000 after purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Starwood Property Trust by 147.2% during the third quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after acquiring an additional 134,121 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Starwood Property Trust by 31.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock valued at $1,670,000 after purchasing an additional 20,840 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Starwood Property Trust by 66.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after acquiring an additional 90,046 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Starwood Property Trust in the 3rd quarter worth $2,250,000. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Stock Performance

NYSE STWD opened at $19.95 on Monday. The firm has a market capitalization of $6.73 billion, a P/E ratio of 17.05 and a beta of 1.68. The firm’s fifty day moving average price is $19.69 and its two-hundred day moving average price is $19.79. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is presently 174.55%.

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.