Starwood Property Trust, Inc. (NYSE:STWD) Shares Bought by Insight Folios Inc

Insight Folios Inc raised its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 2.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 333,330 shares of the real estate investment trust’s stock after buying an additional 7,004 shares during the quarter. Starwood Property Trust comprises about 2.7% of Insight Folios Inc’s portfolio, making the stock its 11th biggest holding. Insight Folios Inc owned about 0.11% of Starwood Property Trust worth $6,777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in Starwood Property Trust during the fourth quarter worth about $26,000. Allspring Global Investments Holdings LLC purchased a new stake in Starwood Property Trust during the first quarter worth about $26,000. ICA Group Wealth Management LLC purchased a new stake in Starwood Property Trust during the fourth quarter worth about $28,000. Cape Investment Advisory Inc. purchased a new stake in Starwood Property Trust during the fourth quarter worth about $32,000. Finally, Core Wealth Advisors Inc. purchased a new stake in Starwood Property Trust during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Raymond James cut their price target on shares of Starwood Property Trust from $23.50 to $23.00 and set a “strong-buy” rating on the stock in a research note on Thursday, May 16th. BTIG Research cut their target price on shares of Starwood Property Trust from $24.00 to $23.00 and set a “buy” rating on the stock in a research note on Wednesday, April 17th. Keefe, Bruyette & Woods cut 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. 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 note on Wednesday, April 10th. Finally, Wolfe Research started coverage on shares of Starwood Property Trust in a research note on Tuesday, June 25th. They set a “peer perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $21.88.

Starwood Property Trust Stock Down 0.4 %

Starwood Property Trust stock traded down $0.07 during mid-day trading on Thursday, hitting $18.93. The company had a trading volume of 895,988 shares, compared to its average volume of 1,973,679. The stock has a market cap of $5.98 billion, a price-to-earnings ratio of 13.62 and a beta of 1.69. Starwood Property Trust, Inc. has a 1 year low of $17.07 and a 1 year high of $22.29. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 2.80. The business has a fifty day moving average of $19.45 and a 200 day moving average of $19.98.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 10.14%. The ex-dividend date of this dividend is Thursday, June 27th. Starwood Property Trust’s payout ratio is currently 138.13%.

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.