Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.34 Million Stake in Starwood Property Trust, Inc. (NYSE:STWD)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,740 shares of the real estate investment trust’s stock after purchasing an additional 755 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Starwood Property Trust were worth $1,341,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Albion Financial Group UT purchased a new stake in shares of Starwood Property Trust in the fourth quarter worth approximately $28,000. Brooklyn Investment Group grew its holdings in Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 730 shares in the last quarter. UMB Bank n.a. raised its position in Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Starwood Property Trust by 83.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 854 shares in the last quarter. Finally, Point72 DIFC Ltd purchased a new position in Starwood Property Trust during the 3rd quarter worth $55,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE STWD opened at $20.03 on Wednesday. The company has a market capitalization of $6.76 billion, a PE ratio of 17.12 and a beta of 1.68. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a 52-week low of $18.12 and a 52-week high of $21.17. The company has a 50-day simple moving average of $19.74 and a 200 day simple moving average of $19.80.

Starwood Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.59%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 174.55%.

Wall Street Analyst Weigh In

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

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.