Avantax Advisory Services Inc. Has $192,000 Stock Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Avantax Advisory Services Inc. decreased its stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 6.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,113 shares of the real estate investment trust’s stock after selling 713 shares during the period. Avantax Advisory Services Inc.’s holdings in Starwood Property Trust were worth $192,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Starwood Property Trust during the fourth quarter worth $48,841,000. Leeward Investments LLC MA acquired a new stake in Starwood Property Trust in the fourth quarter worth about $24,791,000. Geode Capital Management LLC raised its holdings in Starwood Property Trust by 8.1% during the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock worth $108,960,000 after purchasing an additional 399,672 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Starwood Property Trust by 78.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 891,734 shares of the real estate investment trust’s stock valued at $18,174,000 after purchasing an additional 390,787 shares during the period. Finally, Columbus Macro LLC bought a new position in shares of Starwood Property Trust in the 4th quarter valued at about $7,022,000. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

Shares of STWD stock opened at $20.02 on Friday. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 17.11 and a beta of 1.68. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm has a fifty day moving average of $19.77 and a 200-day moving average of $19.80.

Starwood Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.59%. Starwood Property Trust’s dividend payout ratio (DPR) is currently 174.55%.

Analyst Ratings Changes

STWD has been the subject of a number of recent research reports. Keefe, Bruyette & Woods dropped their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.21.

About Starwood Property Trust

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.