Tower Research Capital LLC TRC Has $567,000 Stock Position in Starwood Property Trust, Inc. (NYSE:STWD)

Tower Research Capital LLC TRC lifted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 166.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,940 shares of the real estate investment trust's stock after acquiring an additional 18,722 shares during the quarter. Tower Research Capital LLC TRC's holdings in Starwood Property Trust were worth $567,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of STWD. MetLife Investment Management LLC grew its position in Starwood Property Trust by 10.0% during the 4th quarter. MetLife Investment Management LLC now owns 180,427 shares of the real estate investment trust's stock worth $3,419,000 after purchasing an additional 16,415 shares in the last quarter. First Trust Advisors LP raised its position in Starwood Property Trust by 36.0% during the fourth quarter. First Trust Advisors LP now owns 373,918 shares of the real estate investment trust's stock valued at $7,086,000 after buying an additional 98,974 shares during the period. Commerce Bank lifted its stake in Starwood Property Trust by 28.3% in the 4th quarter. Commerce Bank now owns 19,402 shares of the real estate investment trust's stock worth $368,000 after acquiring an additional 4,276 shares in the last quarter. NewEdge Advisors LLC grew its position in Starwood Property Trust by 25.7% during the fourth quarter. NewEdge Advisors LLC now owns 15,822 shares of the real estate investment trust's stock valued at $300,000 after purchasing an additional 3,236 shares in the last quarter. Finally, M Holdings Securities Inc. grew its holdings in shares of Starwood Property Trust by 10.0% during the 4th quarter. M Holdings Securities Inc. now owns 11,046 shares of the real estate investment trust's stock valued at $209,000 after acquiring an additional 1,000 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors and hedge funds.

Starwood Property Trust Stock Performance

Shares of STWD stock traded down $0.05 during trading hours on Thursday, reaching $19.15. 1,832,195 shares of the company's stock were exchanged, compared to its average volume of 2,452,789. The business has a fifty day moving average price of $19.31 and a 200-day moving average price of $19.51. The stock has a market capitalization of $6.47 billion, a P/E ratio of 16.36 and a beta of 1.34. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $21.17.

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 paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 10.03%. The ex-dividend date was Monday, March 31st. Starwood Property Trust's payout ratio is presently 174.55%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Keefe, Bruyette & Woods lowered their target price on 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. JPMorgan Chase & Co. decreased their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. 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 given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Starwood Property Trust currently has an average rating of "Moderate Buy" and an average 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.