31,056 Shares in Starwood Property Trust, Inc. (NYSE:STWD) Acquired by AM Investment Strategies LLC

AM Investment Strategies LLC acquired a new position in Starwood Property Trust, Inc. (NYSE:STWD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 31,056 shares of the real estate investment trust’s stock, valued at approximately $653,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in STWD. Simplicity Solutions LLC grew its holdings in Starwood Property Trust by 1.0% in the 3rd quarter. Simplicity Solutions LLC now owns 148,154 shares of the real estate investment trust’s stock worth $2,867,000 after buying an additional 1,406 shares in the last quarter. Red Door Wealth Management LLC boosted its stake in Starwood Property Trust by 27.6% during the 3rd quarter. Red Door Wealth Management LLC now owns 27,166 shares of the real estate investment trust’s stock valued at $526,000 after purchasing an additional 5,870 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Starwood Property Trust by 10.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,282,284 shares of the real estate investment trust’s stock valued at $24,812,000 after purchasing an additional 123,643 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Starwood Property Trust by 74.7% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 27,643 shares of the real estate investment trust’s stock valued at $535,000 after purchasing an additional 11,816 shares in the last quarter. Finally, Stratos Wealth Advisors LLC bought a new position in Starwood Property Trust during the 3rd quarter valued at $564,000. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Down 1.5 %

Shares of NYSE:STWD traded down $0.29 during midday trading on Thursday, hitting $19.12. 2,367,286 shares of the stock were exchanged, compared to its average volume of 2,146,514. The company has a debt-to-equity ratio of 2.95, a quick ratio of 1.75 and a current ratio of 1.75. Starwood Property Trust, Inc. has a 52-week low of $16.06 and a 52-week high of $22.29. The business’s fifty day simple moving average is $19.89 and its two-hundred day simple moving average is $19.95. The company has a market capitalization of $6.00 billion, a PE ratio of 17.86 and a beta of 1.65.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were issued a dividend of $0.48 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.92 annualized dividend and a dividend yield of 10.04%. Starwood Property Trust’s dividend payout ratio is 179.44%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. BTIG Research decreased their price target on Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating for the company in a research note on Wednesday, April 17th. JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Wednesday, April 10th. Wells Fargo & Company increased their target price on Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Keefe, Bruyette & Woods reduced 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 restated a “neutral” rating and issued a $21.50 target price (down previously from $22.50) on shares of Starwood Property Trust in a report on Monday, March 4th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $21.71.

Insider Buying and Selling

In related news, President Jeffrey F. Dimodica sold 25,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the completion of the sale, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction on 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 transaction, the president now directly owns 1,226,673 shares of the company’s stock, valued at $24,876,928.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Jeffrey F. Dimodica sold 25,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $20.33, for a total transaction of $508,250.00. Following the transaction, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The disclosure for this sale can be found here. 5.40% of the stock is owned by corporate insiders.

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.