New Age Alpha Advisors LLC Makes New Investment in Starwood Property Trust, Inc. (NYSE:STWD)

New Age Alpha Advisors LLC bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,225 shares of the real estate investment trust’s stock, valued at approximately $61,000.

A number of other hedge funds have also made changes to their positions in the stock. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust during the 4th quarter valued at $28,000. Brooklyn Investment Group grew its stake in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares in the last quarter. UMB Bank n.a. increased its holdings in 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 worth $33,000 after buying an additional 717 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings 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 in the last quarter. Finally, Point72 DIFC Ltd acquired a new stake in shares of Starwood Property Trust in the 3rd quarter valued at $55,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Starwood Property Trust Trading Down 3.3 %

Shares of STWD stock opened at $19.18 on Friday. The company has a market capitalization of $6.48 billion, a P/E ratio of 16.40 and a beta of 1.68. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a 50-day moving average price of $19.82 and a 200 day moving average price of $19.80.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given 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 10.01%. Starwood Property Trust’s payout ratio is 174.55%.

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.