World Investment Advisors Purchases Shares of 11,116 Starwood Property Trust, Inc. (NYSE:STWD)

World Investment Advisors purchased a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 11,116 shares of the real estate investment trust’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of STWD. Cynosure Group LLC acquired a new position in shares of Starwood Property Trust during the fourth quarter worth $343,000. Boston Family Office LLC lifted its position in shares of Starwood Property Trust by 9.1% during the fourth quarter. Boston Family Office LLC now owns 60,904 shares of the real estate investment trust’s stock worth $1,154,000 after purchasing an additional 5,100 shares in the last quarter. Prevail Innovative Wealth Advisors LLC lifted its position in shares of Starwood Property Trust by 24.7% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 244,381 shares of the real estate investment trust’s stock worth $4,631,000 after purchasing an additional 48,355 shares in the last quarter. Palogic Value Management L.P. lifted its position in shares of Starwood Property Trust by 20.2% during the fourth quarter. Palogic Value Management L.P. now owns 42,637 shares of the real estate investment trust’s stock worth $808,000 after purchasing an additional 7,165 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Starwood Property Trust by 2.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 113,622 shares of the real estate investment trust’s stock worth $2,153,000 after purchasing an additional 2,622 shares in the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Trading Up 7.7 %

STWD opened at $18.62 on Thursday. The stock has a market capitalization of $6.29 billion, a PE ratio of 15.91 and a beta of 1.34. The firm’s fifty day moving average price is $19.66 and its 200 day moving average price is $19.68. 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, Inc. has a 12-month low of $16.59 and a 12-month high of $21.17.

Starwood Property Trust Dividend Announcement

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 paid a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This represents a $1.92 annualized dividend and a yield of 10.31%. Starwood Property Trust’s payout ratio is 174.55%.

Analyst Upgrades and Downgrades

STWD has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Monday. JPMorgan Chase & Co. reduced 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 report on Tuesday, January 21st. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.07.

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.