Starwood Property Trust, Inc. (NYSE:STWD) Stock Holdings Lessened by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its holdings in Starwood Property Trust, Inc. (NYSE:STWDFree Report) by 24.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 61,046 shares of the real estate investment trust’s stock after selling 20,067 shares during the quarter. D.A. Davidson & CO.’s holdings in Starwood Property Trust were worth $1,181,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in STWD. Atria Wealth Solutions Inc. increased its position in shares of Starwood Property Trust by 1.7% in the third quarter. Atria Wealth Solutions Inc. now owns 76,204 shares of the real estate investment trust’s stock worth $1,475,000 after acquiring an additional 1,257 shares in the last quarter. Swiss National Bank increased its position in shares of Starwood Property Trust by 1.4% in the third quarter. Swiss National Bank now owns 685,965 shares of the real estate investment trust’s stock worth $13,273,000 after acquiring an additional 9,600 shares in the last quarter. WealthBridge Capital Management LLC increased its position in shares of Starwood Property Trust by 4.8% in the third quarter. WealthBridge Capital Management LLC now owns 31,565 shares of the real estate investment trust’s stock worth $611,000 after acquiring an additional 1,446 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC increased its position in shares of Starwood Property Trust by 84.8% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 2,941,284 shares of the real estate investment trust’s stock worth $56,914,000 after acquiring an additional 1,349,284 shares in the last quarter. Finally, Adell Harriman & Carpenter Inc. increased its position in shares of Starwood Property Trust by 2.7% in the third quarter. Adell Harriman & Carpenter Inc. now owns 437,069 shares of the real estate investment trust’s stock worth $8,457,000 after acquiring an additional 11,390 shares in the last quarter. Institutional investors and hedge funds own 49.60% of the company’s stock.

Starwood Property Trust Stock Performance

STWD stock opened at $19.28 on Monday. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market cap of $6.04 billion, a P/E ratio of 14.95 and a beta of 1.67. The firm has a 50 day simple moving average of $20.78 and a 200 day simple moving average of $20.04. Starwood Property Trust, Inc. has a 52 week low of $16.06 and a 52 week high of $22.29.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.96%. The ex-dividend date was Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 148.84%.

Insider Buying and Selling at Starwood Property Trust

In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 25,000 shares of Starwood Property Trust stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $20.33, for a total value of $508,250.00. Following the completion of the sale, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Starwood Property Trust news, President Jeffrey F. Dimodica sold 25,000 shares of Starwood Property Trust stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $20.33, for a total value of $508,250.00. Following the completion of the sale, the president now directly owns 925,984 shares in the company, valued at $18,825,254.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Jeffrey F. Dimodica sold 75,000 shares of Starwood Property Trust stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $22.06, for a total transaction of $1,654,500.00. Following the completion of the sale, the president now owns 950,984 shares of the company’s stock, valued at $20,978,707.04. The disclosure for this sale can be found here. Corporate insiders own 5.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. TheStreet downgraded shares of Starwood Property Trust from a “c” rating to a “d+” rating in a research report on Wednesday, November 8th. UBS Group started coverage on shares of Starwood Property Trust in a report on Wednesday, December 6th. They set a “neutral” rating and a $21.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, Starwood Property Trust has an average rating of “Hold” and an average target price of $21.50.

Read Our Latest Stock Report on STWD

Starwood Property Trust Profile

(Free Report)

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through four segments: 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.

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Want to see what other hedge funds are holding STWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starwood Property Trust, Inc. (NYSE:STWDFree Report).

Institutional Ownership by Quarter for Starwood Property Trust (NYSE:STWD)

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