Charles Schwab Investment Management Inc. Acquires 43,109 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Charles Schwab Investment Management Inc. boosted its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,153,097 shares of the real estate investment trust’s stock after acquiring an additional 43,109 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.64% of Starwood Property Trust worth $40,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust in the 4th quarter worth about $28,000. Brooklyn Investment Group lifted its stake in Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 730 shares during the last quarter. UMB Bank n.a. boosted its position in shares of Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 717 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 854 shares during the last quarter. Finally, Point72 DIFC Ltd purchased a new stake in shares of Starwood Property Trust in the third quarter worth approximately $55,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on STWD shares. Keefe, Bruyette & Woods reduced their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. JPMorgan Chase & Co. lowered their price objective on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Two 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $22.21.

Starwood Property Trust Trading Up 1.9 %

NYSE:STWD opened at $19.92 on Friday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a 50-day simple moving average of $19.56 and a 200-day simple moving average of $19.81. Starwood Property Trust, Inc. has a one year low of $18.12 and a one year high of $21.17. The firm has a market cap of $6.72 billion, a P/E ratio of 17.02 and a beta of 1.68.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.64%. Starwood Property Trust’s dividend payout ratio is currently 174.55%.

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.