84,643 Shares in Starwood Property Trust, Inc. $STWD Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. bought a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 84,643 shares of the real estate investment trust’s stock, valued at approximately $1,640,000.

A number of other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. purchased a new position in Starwood Property Trust in the second quarter worth about $25,000. Cloud Capital Management LLC bought a new stake in Starwood Property Trust during the third quarter valued at approximately $29,000. Jackson Grant Investment Advisers Inc. purchased a new stake in Starwood Property Trust during the third quarter valued at approximately $29,000. Orion Capital Management LLC bought a new position in Starwood Property Trust in the third quarter worth approximately $39,000. Finally, Financial Gravity Companies Inc. purchased a new position in shares of Starwood Property Trust during the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Analyst Upgrades and Downgrades

STWD has been the subject of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Wells Fargo & Company dropped their price target on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, November 11th. Keefe, Bruyette & Woods lowered 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 note on Wednesday, November 12th. Finally, Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and an average target price of $20.63.

Starwood Property Trust Stock Down 0.6%

STWD opened at $17.69 on Wednesday. The company has a market capitalization of $6.55 billion, a PE ratio of 16.84 and a beta of 1.13. The firm has a 50-day simple moving average of $18.23 and a two-hundred day simple moving average of $18.79. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 2.98. Starwood Property Trust, Inc. has a 52 week low of $16.59 and a 52 week high of $21.05.

Starwood Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 10.9%. Starwood Property Trust’s payout ratio is presently 182.86%.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.