Proficio Capital Partners LLC Invests $377,000 in Starwood Property Trust, Inc. (NYSE:STWD)

Proficio Capital Partners LLC bought a new stake in shares of Starwood Property Trust, Inc. (NYSE:STWD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,879 shares of the real estate investment trust’s stock, valued at approximately $377,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Albion Financial Group UT bought a new position in shares of Starwood Property Trust in the fourth quarter valued at $28,000. Brooklyn Investment Group grew its holdings in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 730 shares during the last quarter. UMB Bank n.a. raised 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 worth $33,000 after purchasing an additional 717 shares during the period. Smartleaf Asset Management LLC lifted its holdings 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 purchasing an additional 854 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new position in shares of Starwood Property Trust in the 3rd quarter valued at $55,000. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Price Performance

Shares of STWD opened at $20.03 on Wednesday. The business’s 50-day moving average is $19.74 and its 200-day moving average is $19.80. Starwood Property Trust, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 17.12 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 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 paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 9.59%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s dividend payout ratio (DPR) is currently 174.55%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on STWD. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. 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. 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’s stock. Based on data from MarketBeat, Starwood Property Trust has an average rating of “Moderate Buy” and a consensus target price of $22.21.

Starwood Property Trust 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.