Palogic Value Management L.P. Grows Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Palogic Value Management L.P. raised its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 20.2% during the fourth quarter, HoldingsChannel reports. The firm owned 42,637 shares of the real estate investment trust’s stock after purchasing an additional 7,165 shares during the period. Palogic Value Management L.P.’s holdings in Starwood Property Trust were worth $808,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Wealth Quarterback LLC raised its position in Starwood Property Trust by 3.6% during the fourth quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 518 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Starwood Property Trust by 1.7% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,528 shares of the real estate investment trust’s stock valued at $654,000 after buying an additional 571 shares during the last quarter. Register Financial Advisors LLC grew its stake in shares of Starwood Property Trust by 1.4% during the fourth quarter. Register Financial Advisors LLC now owns 44,329 shares of the real estate investment trust’s stock valued at $840,000 after buying an additional 604 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the last quarter. Finally, Brooklyn Investment Group grew its stake in shares of Starwood Property Trust by 86.1% during the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 730 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Up 0.1 %

NYSE STWD opened at $20.27 on Friday. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market capitalization of $6.84 billion, a PE ratio of 17.32 and a beta of 1.68. Starwood Property Trust, Inc. has a 1 year low of $18.12 and a 1 year high of $21.17. The business’s 50-day moving average is $19.66 and its 200 day moving average is $19.80.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.47%. Starwood Property Trust’s payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on STWD. JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $22.21.

About Starwood Property Trust

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.