Insigneo Advisory Services LLC Sells 4,745 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Insigneo Advisory Services LLC cut its position in Starwood Property Trust, Inc. (NYSE:STWD) by 31.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,512 shares of the real estate investment trust’s stock after selling 4,745 shares during the period. Insigneo Advisory Services LLC’s holdings in Starwood Property Trust were worth $199,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in STWD. MML Investors Services LLC grew its stake in shares of Starwood Property Trust by 4.0% in the third quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust’s stock worth $407,000 after purchasing an additional 767 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Starwood Property Trust in the 3rd quarter valued at about $325,000. Tidal Investments LLC increased its stake in shares of Starwood Property Trust by 22.0% in the third quarter. Tidal Investments LLC now owns 27,351 shares of the real estate investment trust’s stock valued at $557,000 after buying an additional 4,930 shares during the period. Retirement Systems of Alabama raised its position in shares of Starwood Property Trust by 4.1% during the third quarter. Retirement Systems of Alabama now owns 385,672 shares of the real estate investment trust’s stock worth $7,860,000 after acquiring an additional 15,198 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new position in shares of Starwood Property Trust in the fourth quarter worth approximately $192,000. 49.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods decreased their target price on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a research report on Monday, April 7th. UBS Group lowered their target price on shares of Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, JPMorgan Chase & Co. cut their price target on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Wednesday. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and an average price target of $21.86.

Starwood Property Trust Price Performance

Shares of NYSE STWD opened at $18.56 on Friday. 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 firm’s 50-day moving average price is $19.47 and its 200-day moving average price is $19.57. The firm has a market capitalization of $6.27 billion, a P/E ratio of 15.87 and a beta of 1.34. Starwood Property Trust, Inc. has a 1-year low of $16.59 and a 1-year high of $21.17.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 10.34%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust’s payout ratio is currently 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.