Waterfront Capital Partners LLC Grows Position in Starwood Property Trust, Inc. (NYSE:STWD)

Waterfront Capital Partners LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 138.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 633,016 shares of the real estate investment trust's stock after purchasing an additional 367,487 shares during the period. Starwood Property Trust comprises 2.2% of Waterfront Capital Partners LLC's holdings, making the stock its 22nd biggest holding. Waterfront Capital Partners LLC owned approximately 0.19% of Starwood Property Trust worth $11,996,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Argosy Lionbridge Management LLC bought a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $1,232,000. Adage Capital Partners GP L.L.C. raised its position in Starwood Property Trust by 17.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,648,904 shares of the real estate investment trust's stock valued at $31,247,000 after purchasing an additional 248,904 shares in the last quarter. MGO One Seven LLC lifted its holdings in shares of Starwood Property Trust by 11.0% in the 4th quarter. MGO One Seven LLC now owns 42,898 shares of the real estate investment trust's stock worth $813,000 after buying an additional 4,252 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Starwood Property Trust by 1.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 185,390 shares of the real estate investment trust's stock worth $3,514,000 after buying an additional 2,253 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of Starwood Property Trust by 166.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 29,940 shares of the real estate investment trust's stock worth $567,000 after buying an additional 18,722 shares in the last quarter. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Stock Down 0.7 %

NYSE STWD traded down $0.14 on Wednesday, hitting $19.07. The stock had a trading volume of 670,540 shares, compared to its average volume of 2,448,573. The business's fifty day moving average price is $19.34 and its 200 day moving average price is $19.52. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 16.30 and a beta of 1.34. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a 52-week low of $16.59 and a 52-week high of $21.17.

Starwood Property Trust Dividend Announcement

The firm 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. This represents a $1.92 annualized dividend and a yield of 10.07%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust's dividend payout ratio is currently 174.55%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on STWD shares. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods dropped their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Finally, UBS Group reduced their price objective on shares of Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $21.86.

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.