Two Sigma Investments LP increased its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 23.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,575,883 shares of the real estate investment trust’s stock after purchasing an additional 300,179 shares during the quarter. Two Sigma Investments LP’s holdings in Starwood Property Trust were worth $31,061,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. HRS Investment Holdings LLC boosted its holdings in Starwood Property Trust by 76.9% during the fourth quarter. HRS Investment Holdings LLC now owns 115,000 shares of the real estate investment trust’s stock worth $2,267,000 after purchasing an additional 50,000 shares during the last quarter. Menta Capital LLC acquired a new position in Starwood Property Trust during the fourth quarter worth $1,279,000. PRW Wealth Management LLC acquired a new position in Starwood Property Trust during the fourth quarter worth $28,000. Nomura Holdings Inc. boosted its holdings in Starwood Property Trust by 4.7% during the fourth quarter. Nomura Holdings Inc. now owns 582,088 shares of the real estate investment trust’s stock worth $11,466,000 after purchasing an additional 26,242 shares during the last quarter. Finally, Semmax Financial Advisors Inc. acquired a new position in Starwood Property Trust during the fourth quarter worth $34,000. 64.57% of the stock is owned by institutional investors and hedge funds.
NYSE STWD traded down $0.01 on Tuesday, hitting $22.70. 278,600 shares of the stock were exchanged, compared to its average volume of 1,683,481. The company has a current ratio of 2.52, a quick ratio of 2.52 and a debt-to-equity ratio of 2.20. Starwood Property Trust, Inc. has a 52 week low of $19.16 and a 52 week high of $23.04. The firm has a market capitalization of $6.33 billion, a P/E ratio of 10.76, a price-to-earnings-growth ratio of 2.14 and a beta of 0.56.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 8.46%. The ex-dividend date is Thursday, March 28th. Starwood Property Trust’s dividend payout ratio (DPR) is currently 91.00%.
Several brokerages recently commented on STWD. BTIG Research began coverage on shares of Starwood Property Trust in a report on Tuesday, February 26th. They set a “buy” rating and a $25.00 target price for the company. Zacks Investment Research cut shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Tuesday, March 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $24.20.
Starwood Property Trust Company Profile
Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.
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