Quadrature Capital Ltd Purchases New Position in Starwood Property Trust, Inc. (NYSE:STWD)

Quadrature Capital Ltd purchased a new stake in Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,366 shares of the real estate investment trust’s stock, valued at approximately $239,000.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Starwood Property Trust by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 28,852,499 shares of the real estate investment trust’s stock valued at $606,480,000 after buying an additional 72,461 shares in the last quarter. Northern Trust Corp boosted its position in Starwood Property Trust by 26.7% during the third quarter. Northern Trust Corp now owns 3,121,335 shares of the real estate investment trust’s stock worth $60,398,000 after purchasing an additional 657,180 shares during the period. Norges Bank bought a new stake in Starwood Property Trust during the fourth quarter worth approximately $62,447,000. Wells Fargo & Company MN boosted its position in Starwood Property Trust by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,246,265 shares of the real estate investment trust’s stock worth $47,216,000 after purchasing an additional 58,836 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Starwood Property Trust by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,929,579 shares of the real estate investment trust’s stock worth $40,560,000 after purchasing an additional 52,613 shares during the period. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

Shares of NYSE STWD opened at $19.24 on Thursday. The business has a fifty day simple moving average of $19.49 and a 200 day simple moving average of $20.05. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 2.80. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of 13.84 and a beta of 1.68. Starwood Property Trust, Inc. has a one year low of $17.07 and a one year high of $22.29.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $0.48 dividend. The ex-dividend date is Thursday, June 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.98%. Starwood Property Trust’s payout ratio is 138.13%.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $21.00 to $20.50 and set a “market perform” rating for the company in a research report on Wednesday, April 10th. Bank of America reaffirmed a “neutral” rating and set a $21.50 target price (down previously from $22.50) on shares of Starwood Property Trust in a research report on Monday, March 4th. Raymond James decreased their target price on Starwood Property Trust from $23.50 to $23.00 and set a “strong-buy” rating for the company in a research report on Thursday, May 16th. JPMorgan Chase & Co. decreased their target price on 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. Finally, Wolfe Research assumed coverage on Starwood Property Trust in a report on Tuesday. They set a “peer perform” rating for the company. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Starwood Property Trust presently has a consensus rating of “Moderate Buy” and an average target price of $21.88.

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.