Waterloo Capital L.P. Acquires 10,793 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Waterloo Capital L.P. raised its holdings in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 148,865 shares of the real estate investment trust’s stock after purchasing an additional 10,793 shares during the period. Waterloo Capital L.P.’s holdings in Starwood Property Trust were worth $2,821,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in STWD. Vanguard Group Inc. raised its stake in Starwood Property Trust by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock valued at $586,375,000 after buying an additional 377,939 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Starwood Property Trust by 8.1% in 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. Norges Bank bought a new position in Starwood Property Trust in the 4th quarter worth about $63,044,000. Bank of New York Mellon Corp grew its position in Starwood Property Trust by 0.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock valued at $50,593,000 after purchasing an additional 10,979 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Starwood Property Trust during the 4th quarter valued at about $48,841,000. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

Starwood Property Trust Stock Performance

Shares of STWD opened at $18.20 on Friday. The firm has a market capitalization of $6.15 billion, a P/E ratio of 15.56 and a beta of 1.68. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. Starwood Property Trust, Inc. has a one year low of $18.08 and a one year high of $21.17. The business has a fifty day moving average of $19.80 and a 200 day moving average of $19.77.

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 given a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a yield of 10.55%. Starwood Property Trust’s payout ratio is presently 174.55%.

Analyst Ratings Changes

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

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.