Vontobel Holding Ltd. Acquires Shares of 13,288 Starwood Property Trust, Inc. (NYSE:STWD)

Vontobel Holding Ltd. acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,288 shares of the real estate investment trust’s stock, valued at approximately $279,000.

Several other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System acquired a new position in Starwood Property Trust in the 4th quarter valued at $1,757,000. Koshinski Asset Management Inc. acquired a new position in Starwood Property Trust in the 4th quarter valued at $204,000. Cerity Partners LLC acquired a new position in Starwood Property Trust in the 4th quarter valued at $535,000. Mutual of America Capital Management LLC increased its stake in Starwood Property Trust by 7.1% in the 4th quarter. Mutual of America Capital Management LLC now owns 314,429 shares of the real estate investment trust’s stock valued at $6,609,000 after buying an additional 20,865 shares during the period. Finally, Custom Index Systems LLC purchased a new stake in shares of Starwood Property Trust during the 4th quarter worth $215,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Starwood Property Trust

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 25,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $20.33, for a total value of $508,250.00. Following the transaction, the president now directly owns 925,984 shares in the company, valued at approximately $18,825,254.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 25,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $20.33, for a total value of $508,250.00. Following the transaction, the president now directly owns 925,984 shares in the company, valued at approximately $18,825,254.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 transaction of $2,028,000.00. Following the completion of the transaction, the president now owns 1,226,673 shares in the company, valued at $24,876,928.44. The disclosure for this sale can be found here. 5.80% of the stock is owned by insiders.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $19.72 on Wednesday. Starwood Property Trust, Inc. has a 52 week low of $16.06 and a 52 week high of $22.29. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 2.95. The firm’s 50-day simple moving average is $19.88 and its 200 day simple moving average is $19.95. The firm has a market capitalization of $6.19 billion, a PE ratio of 18.43 and a beta of 1.65.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued 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 9.74%. Starwood Property Trust’s dividend payout ratio (DPR) is 179.44%.

Wall Street Analyst Weigh In

STWD has been the topic of several research analyst reports. BTIG Research decreased their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday, April 17th. Keefe, Bruyette & Woods decreased 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 report on Wednesday, April 10th. JPMorgan Chase & Co. decreased their target price on shares of 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. 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. Finally, Bank of America restated a “neutral” rating and set a $21.50 target price (down from $22.50) on shares of Starwood Property Trust in a research report on Monday, March 4th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.