Starwood Property Trust, Inc. (NYSE:STWD) Stock Position Lifted by Federated Hermes Inc.

Federated Hermes Inc. raised its stake in Starwood Property Trust, Inc. (NYSE:STWD) by 14.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,603 shares of the real estate investment trust’s stock after buying an additional 4,783 shares during the quarter. Federated Hermes Inc.’s holdings in Starwood Property Trust were worth $732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC raised its holdings in shares of Starwood Property Trust by 6.4% during the third quarter. FMR LLC now owns 41,781 shares of the real estate investment trust’s stock worth $851,000 after acquiring an additional 2,503 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Starwood Property Trust by 4.0% during the 3rd quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust’s stock worth $407,000 after purchasing an additional 767 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 valued at $108,960,000 after buying an additional 399,672 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Starwood Property Trust in the 3rd quarter valued at approximately $325,000. Finally, Sanctuary Advisors LLC increased its holdings in Starwood Property Trust by 0.8% in the third quarter. Sanctuary Advisors LLC now owns 144,152 shares of the real estate investment trust’s stock worth $2,871,000 after buying an additional 1,173 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $18.25 on Thursday. The firm has a market capitalization of $6.16 billion, a PE ratio of 15.60 and a beta of 1.34. Starwood Property Trust, Inc. has a 1 year low of $16.59 and a 1 year high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The firm’s fifty day simple moving average is $19.51 and its 200 day simple moving average is $19.59.

Starwood Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 10.52%. The ex-dividend date of this dividend was Monday, March 31st. Starwood Property Trust’s dividend payout ratio is currently 174.55%.

Wall Street Analyst Weigh In

Several analysts have commented on STWD shares. UBS Group decreased their target price on shares of Starwood Property Trust from $19.50 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday. Keefe, Bruyette & Woods decreased their price objective on shares of Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $21.86.

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.