Murphy & Mullick Capital Management Corp Invests $103,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Murphy & Mullick Capital Management Corp bought a new stake in Starwood Property Trust, Inc. (NYSE:STWD) during the 4th quarter, HoldingsChannel reports. The firm bought 5,285 shares of the real estate investment trust’s stock, valued at approximately $103,000.

A number of other institutional investors have also bought and sold shares of STWD. Charles Schwab Investment Management Inc. raised its holdings in shares of Starwood Property Trust by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after purchasing an additional 116,182 shares during the period. BNP Paribas Financial Markets raised its stake in Starwood Property Trust by 147.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 225,245 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 134,121 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in Starwood Property Trust by 31.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust’s stock worth $1,670,000 after acquiring an additional 20,840 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Starwood Property Trust in the third quarter valued at approximately $2,250,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $377,000. Institutional investors own 49.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on STWD. JPMorgan Chase & Co. dropped their price objective on shares of 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 cut their price target on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $20.09 on Thursday. Starwood Property Trust, Inc. has a 52 week low of $18.12 and a 52 week high of $21.17. The company’s 50 day moving average price is $19.76 and its two-hundred day moving average price is $19.80. The stock has a market cap of $6.78 billion, a P/E ratio of 17.17 and a beta of 1.68. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61.

Starwood Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.56%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 174.55%.

Starwood Property Trust 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.