5 Best REIT Stocks with High Dividend Yields

2. Starwood Property Trust, Inc. (NYSE: STWD)

Number of Hedge Fund Holders: 10
Dividend Yield: 7.3%

Starwood Property Trust, Inc. (NYSE: STWD) is a real estate investment trust operating in the US and Europe through its Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. It ranks 2nd on our list of the best REIT stocks with high dividend yields.

This May, JPMorgan raised its price target on Starwood Property Trust, Inc. (NYSE: STWD) shares from $25 to $26, keeping its Overweight rating on the stock in light of positive Q1 results.

In the first quarter of 2021, Starwood Property Trust, Inc. (NYSE: STWD) had an FFO of $0.50, beating estimates by $0.01. The company’s revenue was $287.23 million, missing estimates by $3.43 million. Starwood Property Trust, Inc. (NYSE: STWD) has also gained about 35.20% in the past 6 months and 38.12% year to date.

By the end of the first quarter of 2021, 10 hedge funds out of the 866 tracked by Insider Monkey held stakes in Starwood Property Trust, Inc. (NYSE: STWD) worth roughly $176 million. This is compared to 13 hedge funds in the previous quarter with a total stake value of about $144 million.