Samalin Investment Counsel LLC Sells 5,020 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Samalin Investment Counsel LLC trimmed its holdings in Starwood Property Trust, Inc. (NYSE:STWD) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in STWD. Charles Schwab Investment Management Inc. raised its position in shares of Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after buying an additional 116,182 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Starwood Property Trust by 147.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock valued at $4,590,000 after purchasing an additional 134,121 shares in the last quarter. Atria Wealth Solutions Inc. increased 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. raised its holdings in shares of Starwood Property Trust by 66.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock worth $4,585,000 after buying an additional 90,046 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Starwood Property Trust during the 3rd quarter worth $2,250,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their target price 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. decreased 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 report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.21.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $19.95 on Monday. The company has a market capitalization of $6.73 billion, a PE ratio of 17.05 and a beta of 1.68. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a 50-day moving average price of $19.69 and a two-hundred day moving average price of $19.79. Starwood Property Trust, Inc. has a 12 month low of $18.12 and a 12 month high of $21.17.

Starwood Property Trust Announces Dividend

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

About Starwood Property Trust

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.