Certior Financial Group LLC Acquires New Position in Starwood Property Trust, Inc. (NYSE:STWD)

Certior Financial Group LLC acquired a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,558 shares of the real estate investment trust’s stock, valued at approximately $409,000.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Starwood Property Trust by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock valued at $586,375,000 after buying an additional 377,939 shares during the period. Geode Capital Management LLC increased its position in Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after purchasing an additional 399,672 shares during the period. Norges Bank bought a new stake in shares of Starwood Property Trust in the 4th quarter valued at about $63,044,000. Bank of New York Mellon Corp lifted its position in shares of Starwood Property Trust by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock worth $50,593,000 after purchasing an additional 10,979 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Starwood Property Trust during the fourth quarter valued at approximately $48,841,000. 49.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on STWD shares. Keefe, Bruyette & Woods lowered their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Two equities research 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.com, Starwood Property Trust has an average rating of “Moderate Buy” and an average price target of $22.21.

Starwood Property Trust Stock Down 5.2 %

Starwood Property Trust stock opened at $18.20 on Monday. The business has a fifty day moving average price of $19.80 and a 200-day moving average price of $19.77. Starwood Property Trust, Inc. has a 1-year low of $17.67 and a 1-year high of $21.17. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.56 and a beta of 1.34. 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 firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 10.55%. Starwood Property Trust’s payout ratio is 174.55%.

Starwood Property Trust 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.