Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Position in Starwood Property Trust, Inc. (NYSE:STWD)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 1.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 70,740 shares of the real estate investment trust’s stock after acquiring an additional 755 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Starwood Property Trust were worth $1,341,000 as of its most recent filing with the Securities & Exchange Commission.

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

Starwood Property Trust Price Performance

STWD stock opened at $20.03 on Wednesday. The firm has a 50 day simple moving average of $19.74 and a two-hundred day simple moving average of $19.80. The stock has a market cap of $6.76 billion, a PE ratio of 17.12 and a beta of 1.68. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid 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 yield of 9.59%. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on STWD shares. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. JPMorgan Chase & Co. lowered their target price 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. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.21.

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.