Starwood Property Trust, Inc. (NYSE:STWD) Shares Sold by Stevens Capital Management LP

Stevens Capital Management LP lessened its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 45.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,912 shares of the real estate investment trust’s stock after selling 10,888 shares during the period. Stevens Capital Management LP’s holdings in Starwood Property Trust were worth $271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in shares of Starwood Property Trust in the 4th quarter valued at $26,000. Allworth Financial LP raised its holdings in Starwood Property Trust by 52.7% in the 4th quarter. Allworth Financial LP now owns 2,734 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 943 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Starwood Property Trust in the 4th quarter valued at $95,000. Parkside Financial Bank & Trust increased its position in Starwood Property Trust by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,436 shares of the real estate investment trust’s stock worth $135,000 after purchasing an additional 547 shares in the last quarter. Finally, Private Trust Co. NA raised its position in Starwood Property Trust by 17.8% in the fourth quarter. Private Trust Co. NA now owns 6,717 shares of the real estate investment trust’s stock valued at $141,000 after purchasing an additional 1,017 shares during the period. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

STWD stock traded up $0.39 during mid-day trading on Friday, hitting $19.51. 2,296,453 shares of the company were exchanged, compared to its average volume of 2,148,370. Starwood Property Trust, Inc. has a 1-year low of $16.06 and a 1-year high of $22.29. The business has a 50 day simple moving average of $19.89 and a 200-day simple moving average of $19.95. The stock has a market capitalization of $6.12 billion, a PE ratio of 17.86 and a beta of 1.65. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 2.95.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were paid a $0.48 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $1.92 dividend on an annualized basis and a yield of 9.84%. Starwood Property Trust’s dividend payout ratio (DPR) is 179.44%.

Insider Activity at Starwood Property Trust

In related news, President Jeffrey F. Dimodica sold 100,000 shares of the business’s stock in a transaction 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 transaction, the president now owns 1,226,673 shares in the company, valued at $24,876,928.44. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, President Jeffrey F. Dimodica sold 100,000 shares of the company’s stock in a transaction dated 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 sale, the president now owns 1,226,673 shares in the company, valued at approximately $24,876,928.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Jeffrey F. Dimodica sold 25,000 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $20.33, for a total transaction of $508,250.00. Following the completion of the sale, the president now owns 925,984 shares of the company’s stock, valued at approximately $18,825,254.72. The disclosure for this sale can be found here. 5.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

STWD has been the subject of several research reports. Bank of America reiterated a “neutral” rating and issued a $21.50 target price (down previously from $22.50) on shares of Starwood Property Trust in a research report on Monday, March 4th. BTIG Research reduced their target price 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. JPMorgan Chase & Co. dropped their target price on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 10th. Keefe, Bruyette & Woods lowered their target price on shares of Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating on the stock in a research note on Wednesday, April 10th. Finally, Wells Fargo & Company boosted their target price on shares of Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Starwood Property Trust presently has an average rating of “Moderate Buy” and an average price target of $21.71.

Starwood Property Trust Company 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.