Liberty Wealth Management LLC Acquires 4,430 Shares of Starwood Property Trust, Inc. (NYSE:STWD)

Liberty Wealth Management LLC increased its position in shares of Starwood Property Trust, Inc. (NYSE:STWD) by 2,517.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,606 shares of the real estate investment trust’s stock after purchasing an additional 4,430 shares during the quarter. Liberty Wealth Management LLC’s holdings in Starwood Property Trust were worth $176,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in STWD. Marshall Wace North America L.P. acquired a new stake in Starwood Property Trust during the 1st quarter worth approximately $60,000. Principal Financial Group Inc. lifted its holdings in Starwood Property Trust by 15.2% during the 1st quarter. Principal Financial Group Inc. now owns 18,697 shares of the real estate investment trust’s stock worth $463,000 after purchasing an additional 2,474 shares during the last quarter. CIBC World Markets Inc. lifted its holdings in Starwood Property Trust by 25.1% during the 1st quarter. CIBC World Markets Inc. now owns 19,916 shares of the real estate investment trust’s stock worth $493,000 after purchasing an additional 3,993 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Starwood Property Trust by 22.3% during the 1st quarter. Teacher Retirement System of Texas now owns 31,596 shares of the real estate investment trust’s stock worth $782,000 after purchasing an additional 5,764 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in Starwood Property Trust by 48.4% during the 1st quarter. Sei Investments Co. now owns 314,123 shares of the real estate investment trust’s stock worth $7,502,000 after purchasing an additional 102,396 shares during the last quarter. 46.23% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust stock opened at $25.37 on Thursday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 2.90. The stock has a market cap of $7.31 billion, a PE ratio of 15.19 and a beta of 1.65. Starwood Property Trust, Inc. has a 12-month low of $13.76 and a 12-month high of $27.00. The business’s 50-day moving average price is $25.32 and its two-hundred day moving average price is $25.48.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 15th. Stockholders of record on Thursday, September 30th will be paid a $0.48 dividend. The ex-dividend date is Wednesday, September 29th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 7.57%. Starwood Property Trust’s payout ratio is currently 102.67%.

Several equities analysts have weighed in on the company. JMP Securities lifted their price objective on Starwood Property Trust from $17.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, August 4th. Zacks Investment Research raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Thursday, October 7th. Finally, Raymond James lifted their price objective on Starwood Property Trust from $27.50 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 6th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Starwood Property Trust presently has an average rating of “Buy” and an average target price of $28.00.

Starwood Property Trust Profile

Starwood Property Trust, Inc engages in originating, acquiring, financing and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending, Real Estate Property, Infrastructure Lending and Real Estate Investing and Servicing.

Featured Story: What is the definition of a trade war?

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:STWD).

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

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.