Strs Ohio Purchases 3,939 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Strs Ohio raised its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,970 shares of the real estate investment trust’s stock after buying an additional 3,939 shares during the period. Strs Ohio’s holdings in Starwood Property Trust were worth $2,290,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky lifted its position in Starwood Property Trust by 97.5% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 104,320 shares of the real estate investment trust’s stock worth $2,018,000 after buying an additional 51,504 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Starwood Property Trust by 2,347.1% during the fourth quarter. International Assets Investment Management LLC now owns 270,406 shares of the real estate investment trust’s stock worth $5,684,000 after purchasing an additional 259,356 shares in the last quarter. Adage Capital Partners GP L.L.C. bought a new stake in shares of Starwood Property Trust during the third quarter valued at approximately $6,772,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Starwood Property Trust in the third quarter valued at approximately $506,000. Finally, Northern Trust Corp raised its position in Starwood Property Trust by 26.7% in the 3rd quarter. Northern Trust Corp now owns 3,121,335 shares of the real estate investment trust’s stock worth $60,398,000 after purchasing an additional 657,180 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on STWD shares. BTIG Research decreased their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating on the stock in a research report on Wednesday. Wells Fargo & Company raised their price target on Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Bank of America reiterated a “neutral” rating and issued a $21.50 price objective (down from $22.50) on shares of Starwood Property Trust in a research report on Monday, March 4th. JPMorgan Chase & Co. cut 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 research report on Wednesday, April 10th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating on the stock in a research note on Wednesday, April 10th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.71.

Insider Activity at Starwood Property Trust

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 value of $2,028,000.00. Following the sale, the president now directly owns 1,226,673 shares in the company, valued at $24,876,928.44. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, President Jeffrey F. Dimodica sold 25,000 shares of Starwood Property Trust stock in a transaction dated 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 owns 925,984 shares in the company, valued at approximately $18,825,254.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Jeffrey F. Dimodica sold 100,000 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $20.28, for a total value of $2,028,000.00. Following the sale, the president now directly owns 1,226,673 shares of the company’s stock, valued at $24,876,928.44. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

Starwood Property Trust Price Performance

Shares of STWD opened at $19.37 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 2.95. The stock has a market cap of $6.08 billion, a P/E ratio of 18.10 and a beta of 1.65. The stock’s 50-day moving average price is $19.87 and its two-hundred day moving average price is $19.92. Starwood Property Trust, Inc. has a 1 year low of $16.06 and a 1 year high of $22.29.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 9.91%. The ex-dividend date was Wednesday, March 27th. Starwood Property Trust’s payout ratio is 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.