Brown Advisory Inc. Increases Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Brown Advisory Inc. grew its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 77.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,596 shares of the real estate investment trust's stock after buying an additional 45,983 shares during the period. Brown Advisory Inc.'s holdings in Starwood Property Trust were worth $2,220,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Level Four Advisory Services LLC boosted its stake in shares of Starwood Property Trust by 6.4% in the 4th quarter. Level Four Advisory Services LLC now owns 32,249 shares of the real estate investment trust's stock worth $678,000 after buying an additional 1,944 shares during the last quarter. Financial Advocates Investment Management boosted its holdings in shares of Starwood Property Trust by 6.6% in the fourth quarter. Financial Advocates Investment Management now owns 15,448 shares of the real estate investment trust's stock worth $325,000 after buying an additional 954 shares during the last quarter. NorthRock Partners LLC lifted its position in shares of Starwood Property Trust by 34.2% in the fourth quarter. NorthRock Partners LLC now owns 17,140 shares of the real estate investment trust's stock valued at $360,000 after acquiring an additional 4,372 shares in the last quarter. Second Half Financial Partners LLC lifted its holdings in Starwood Property Trust by 5.8% in the 4th quarter. Second Half Financial Partners LLC now owns 311,186 shares of the real estate investment trust's stock worth $6,541,000 after purchasing an additional 17,133 shares in the last quarter. Finally, Gables Capital Management Inc. boosted its stake in Starwood Property Trust by 6.5% in the 4th quarter. Gables Capital Management Inc. now owns 27,725 shares of the real estate investment trust's stock worth $583,000 after purchasing an additional 1,700 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Starwood Property Trust

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 100,000 shares of the business's stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $20.28, for a total transaction of $2,028,000.00. Following the transaction, the president now owns 1,226,673 shares of the company's stock, valued at $24,876,928.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.40% of the company's stock.

Starwood Property Trust Stock Performance

NYSE STWD traded down $0.29 on Friday, hitting $18.94. 5,462,973 shares of the company's stock traded hands, compared to its average volume of 2,216,323. The firm's 50-day moving average price is $19.83 and its two-hundred day moving average price is $20.15. The firm has a market capitalization of $5.98 billion, a PE ratio of 13.83 and a beta of 1.65. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 2.80. Starwood Property Trust, Inc. has a 1-year low of $16.76 and a 1-year high of $22.29.

Starwood Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 10.14%. The ex-dividend date was Wednesday, March 27th. Starwood Property Trust's payout ratio is 138.13%.

Analyst Upgrades and Downgrades

STWD has been the subject of a number of research reports. JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $21.00 to $20.00 and set an "overweight" rating for the company in a research report on Wednesday, April 10th. BTIG Research cut their price objective on Starwood Property Trust from $24.00 to $23.00 and set a "buy" rating for the company in a research report on Wednesday, April 17th. Raymond James dropped their price target on Starwood Property Trust from $23.50 to $23.00 and set a "strong-buy" rating for the company in a research note on Thursday, May 16th. Keefe, Bruyette & Woods reduced their price objective 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. Finally, Bank of America reaffirmed a "neutral" rating and set a $21.50 price objective (down from $22.50) on shares of Starwood Property Trust in a report on Monday, March 4th. Four analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Starwood Property Trust presently has a consensus rating of "Moderate Buy" and a consensus target price of $21.88.

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.