Charles Schwab Investment Management Inc. Buys 52,613 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Charles Schwab Investment Management Inc. grew its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,929,579 shares of the real estate investment trust's stock after buying an additional 52,613 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.62% of Starwood Property Trust worth $40,560,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. J.P. Morgan Private Wealth Advisors LLC increased its position in shares of Starwood Property Trust by 84.8% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 2,941,284 shares of the real estate investment trust's stock worth $56,914,000 after purchasing an additional 1,349,284 shares during the period. Northern Trust Corp boosted its stake in Starwood Property Trust by 26.7% in the third quarter. Northern Trust Corp now owns 3,121,335 shares of the real estate investment trust's stock valued at $60,398,000 after buying an additional 657,180 shares in the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in Starwood Property Trust in the third quarter valued at about $6,772,000. Second Half Financial Partners LLC acquired a new stake in Starwood Property Trust in the third quarter valued at about $5,690,000. Finally, Van ECK Associates Corp boosted its stake in Starwood Property Trust by 33.0% in the fourth quarter. Van ECK Associates Corp now owns 1,142,054 shares of the real estate investment trust's stock valued at $24,006,000 after buying an additional 283,114 shares in the last quarter. Institutional investors own 49.82% of the company's stock.

Analysts Set New Price Targets

STWD has been the topic of several research analyst reports. BTIG Research reduced their price objective on 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. Wells Fargo & Company lifted their price target on Starwood Property Trust from $21.00 to $22.00 and gave the company an "outperform" rating in a research note on Friday, February 23rd. Keefe, Bruyette & Woods cut their price target on 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. Bank of America reissued a "neutral" rating and set a $21.50 price target (down from $22.50) on shares of Starwood Property Trust in a research note on Monday, March 4th. Finally, JPMorgan Chase & Co. cut their price target on 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. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $21.88.

Starwood Property Trust Trading Down 1.5 %

Shares of Starwood Property Trust stock traded down $0.31 during midday trading on Monday, reaching $20.43. The company had a trading volume of 1,676,056 shares, compared to its average volume of 2,151,710. The stock has a fifty day moving average price of $19.85 and a 200 day moving average price of $20.15. The company has a debt-to-equity ratio of 2.80, a current ratio of 2.49 and a quick ratio of 2.49. The firm has a market cap of $6.45 billion, a PE ratio of 14.69 and a beta of 1.65. Starwood Property Trust, Inc. has a fifty-two week low of $16.76 and a fifty-two week high of $22.29.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.40%. The ex-dividend date of this dividend was Wednesday, March 27th. Starwood Property Trust's dividend payout ratio is currently 138.13%.

Insider Buying and Selling

In related news, President Jeffrey F. Dimodica sold 100,000 shares of Starwood Property Trust 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 transaction, the president now directly owns 1,226,673 shares of the company's stock, valued at $24,876,928.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.80% of the stock is owned by insiders.

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.