Leeward Investments LLC MA Has $24.11 Million Stock Holdings in Starwood Property Trust, Inc. $STWD

Leeward Investments LLC MA reduced its position in Starwood Property Trust, Inc. (NYSE:STWD) by 2.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,244,583 shares of the real estate investment trust’s stock after selling 34,899 shares during the period. Starwood Property Trust comprises 1.2% of Leeward Investments LLC MA’s holdings, making the stock its 13th largest position. Leeward Investments LLC MA owned about 0.34% of Starwood Property Trust worth $24,108,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of STWD. WJ Financial Advisors LLC bought a new stake in Starwood Property Trust in the third quarter valued at approximately $464,000. Cibc World Market Inc. increased its holdings in shares of Starwood Property Trust by 13.5% during the 3rd quarter. Cibc World Market Inc. now owns 16,382 shares of the real estate investment trust’s stock worth $317,000 after acquiring an additional 1,946 shares during the last quarter. Rhumbline Advisers raised its stake in Starwood Property Trust by 5.6% in the 3rd quarter. Rhumbline Advisers now owns 919,931 shares of the real estate investment trust’s stock valued at $17,819,000 after acquiring an additional 48,708 shares during the period. Edgemoor Investment Advisors Inc. lifted its holdings in Starwood Property Trust by 3.3% during the 3rd quarter. Edgemoor Investment Advisors Inc. now owns 199,463 shares of the real estate investment trust’s stock valued at $3,864,000 after purchasing an additional 6,386 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in Starwood Property Trust by 7.1% during the third quarter. Oppenheimer & Co. Inc. now owns 91,546 shares of the real estate investment trust’s stock worth $1,773,000 after purchasing an additional 6,063 shares during the period. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Stock Performance

NYSE STWD opened at $18.08 on Friday. The firm has a 50-day moving average price of $18.28 and a two-hundred day moving average price of $18.87. Starwood Property Trust, Inc. has a 12-month low of $16.59 and a 12-month high of $21.05. The company has a market capitalization of $6.69 billion, a P/E ratio of 17.21 and a beta of 1.13. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 2.98.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 10.6%. Starwood Property Trust’s payout ratio is currently 182.86%.

Analysts Set New Price Targets

STWD has been the topic of several research analyst reports. Wells Fargo & Company dropped their price objective on shares of Starwood Property Trust from $23.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Starwood Property Trust in a report on Wednesday, January 21st. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Finally, Keefe, Bruyette & Woods decreased their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.63.

Starwood Property Trust Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.