Carson Advisory Inc. Acquires 1,057 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Carson Advisory Inc. boosted its position in Starwood Property Trust, Inc. (NYSE:STWD) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,807 shares of the real estate investment trust’s stock after buying an additional 1,057 shares during the quarter. Carson Advisory Inc.’s holdings in Starwood Property Trust were worth $942,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC bought a new stake in shares of Starwood Property Trust in the 4th quarter worth about $26,000. Allworth Financial LP grew its holdings in Starwood Property Trust by 52.7% during the 4th quarter. Allworth Financial LP now owns 2,734 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 943 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in Starwood Property Trust during the 4th quarter worth about $95,000. Parkside Financial Bank & Trust grew its holdings in Starwood Property Trust by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,436 shares of the real estate investment trust’s stock worth $135,000 after acquiring an additional 547 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in Starwood Property Trust by 17.8% during the 4th quarter. Private Trust Co. NA now owns 6,717 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 1,017 shares during the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Starwood Property Trust

In other news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction on Thursday, March 28th. The stock was 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 approximately $24,876,928.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 5.40% of the company’s stock.

Analysts Set New Price Targets

STWD has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped 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 report on Wednesday, April 10th. BTIG Research dropped their target price on Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. Wells Fargo & Company lifted their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Keefe, Bruyette & Woods dropped their target price on Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating for the company in a report on Wednesday, April 10th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $21.50 price target (down previously from $22.50) on shares of Starwood Property Trust in a research note on Monday, March 4th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.71.

Starwood Property Trust Stock Up 1.3 %

Shares of NYSE:STWD traded up $0.25 during trading on Thursday, reaching $19.37. 1,651,066 shares of the stock were exchanged, compared to its average volume of 2,137,068. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.75 and a quick ratio of 1.75. Starwood Property Trust, Inc. has a 1-year low of $16.06 and a 1-year high of $22.29. The stock has a fifty day moving average of $19.85 and a two-hundred day moving average of $19.95. The firm has a market cap of $6.08 billion, a price-to-earnings ratio of 17.86 and a beta of 1.65.

Starwood Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were paid 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 9.91%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 179.44%.

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.