First Trust Advisors LP Has $7.09 Million Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

First Trust Advisors LP boosted its stake in Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 36.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 373,918 shares of the real estate investment trust's stock after purchasing an additional 98,974 shares during the period. First Trust Advisors LP owned about 0.11% of Starwood Property Trust worth $7,086,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Starwood Property Trust by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock valued at $586,375,000 after acquiring an additional 377,939 shares in the last quarter. Norges Bank acquired a new stake in shares of Starwood Property Trust during the fourth quarter valued at about $63,044,000. Bank of New York Mellon Corp grew its holdings in shares of Starwood Property Trust by 0.4% during the fourth quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust's stock worth $50,593,000 after purchasing an additional 10,979 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Starwood Property Trust in the fourth quarter valued at approximately $48,841,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Starwood Property Trust by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,153,097 shares of the real estate investment trust's stock valued at $40,801,000 after buying an additional 43,109 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

Starwood Property Trust Trading Up 0.8 %

STWD stock traded up $0.16 during mid-day trading on Friday, reaching $19.28. The company's stock had a trading volume of 1,796,167 shares, compared to its average volume of 2,453,365. Starwood Property Trust, Inc. has a 12 month low of $16.59 and a 12 month high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The business's 50 day moving average price is $19.30 and its 200 day moving average price is $19.51. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 16.48 and a beta of 1.34.

Starwood Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.96%. Starwood Property Trust's payout ratio is presently 174.55%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on STWD. UBS Group decreased their price target on shares of Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Two 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 stock. According to MarketBeat, Starwood Property Trust has a consensus rating of "Moderate Buy" and a consensus price target of $21.86.

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.