From MarketBeat:

Bridgecreek Investment Management LLC increased its holdings in Starwood Property Trust, Inc. by 35.2% during the 3rd quarter, adding an extra 68,675 shares. Other hedge funds also repositioned themselves in the company, with 49.60% of the stock owned by institutional investors and hedge funds.

Shares for Starwood Property Trust traded at $21.02 on Wednesday, with a trading volume of 450,707 shares. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 16.32, and a beta of 1.67.

A quarterly dividend of $0.48 per share was recently announced by Starwood Property Trust. This represents a $1.92 annualized dividend and a yield of 9.13%. Its dividend payout ratio (DPR) is 148.84%.

A number of analysts have recently commented on the company. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock.

Starwood Property Trust, Inc. operates as a REIT in the United States and internationally, with four segments: Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. President Jeffrey F. Dimodica sold 75,000 shares in December, totaling a transaction of $1,654,500.

Insider ownership was shown to total at 5.40%. The company’s stock was recently downgraded and publicly rated, with an average target price of $21.50 set by analysts.



Read more: Bridgecreek Investment Management LLC Buys 68,675 Shares of Starwood Property Trust, Inc. (NYSE:STWD)