Analysis of Baker Ellis Asset Management LLC’s Stake in Starwood Property Trust, Inc.

Baker Ellis Asset Management LLC recently made headlines by cutting its stake in Starwood Property Trust, Inc. by 3.0% during the first quarter. The institutional investor sold 1,000 shares, bringing their total holdings to 32,510 shares valued at $661,000. This move comes as a number of other institutional investors and hedge funds have also been adjusting their positions in the real estate investment trust.

Analysts on Wall Street have been closely monitoring Starwood Property Trust, with several recent ratings and price target adjustments. Despite some reductions in price targets, the stock has received positive ratings, with five analysts rating it as a hold, four as a buy, and one as a strong buy. The consensus rating is currently a “Moderate Buy” with a target price of $21.88.

In terms of performance, Starwood Property Trust stock opened at $18.94 on Friday, with a market cap of $5.98 billion. The company has a current ratio of 2.49, a quick ratio of 2.49, and a debt-to-equity ratio of 2.80. Additionally, the company recently announced a quarterly dividend of $0.48 per share, with a dividend yield of 10.14%.

Starwood Property Trust operates as a real estate investment trust in the US and internationally, with segments in commercial and residential lending, infrastructure lending, property, and investing and servicing. The company’s diverse portfolio includes commercial first mortgages, non-agency residential mortgages, CMBS, and other real estate-related debt investments.

Overall, Starwood Property Trust continues to be a key player in the real estate investment market, with analysts and investors closely watching its performance and strategic moves.