Starwood Property Trust, Inc. (NYSE:STWD) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $22.25.

Several analysts have weighed in on the company. JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. JMP Securities cut their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. UBS Group increased their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Finally, Wells Fargo & Company increased their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th.

Institutional Trading of Starwood Property Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in STWD. Tidal Investments LLC grew its holdings in shares of Starwood Property Trust by 22.0% in the 3rd quarter. Tidal Investments LLC now owns 27,351 shares of the real estate investment trust’s stock worth $557,000 after acquiring an additional 4,930 shares during the last quarter. Sanctuary Advisors LLC increased its stake in Starwood Property Trust by 0.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 144,152 shares of the real estate investment trust’s stock worth $2,871,000 after purchasing an additional 1,173 shares in the last quarter. Virtu Financial LLC purchased a new position in Starwood Property Trust in the 3rd quarter worth about $325,000. Sunbelt Securities Inc. raised its holdings in Starwood Property Trust by 2.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 58,370 shares of the real estate investment trust’s stock worth $1,190,000 after buying an additional 1,293 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Starwood Property Trust by 8.1% during the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after buying an additional 399,672 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Stock Performance

STWD stock opened at $20.37 on Friday. The stock’s fifty day moving average is $19.96 and its two-hundred day moving average is $19.80. The stock has a market capitalization of $6.87 billion, a price-to-earnings ratio of 17.41 and a beta of 1.70. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust has a 1 year low of $18.43 and a 1 year high of $22.29.

Starwood Property Trust (NYSE:STWD) last posted its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, topping the consensus estimate of $0.43 by $0.05. The firm had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. Starwood Property Trust’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 EPS. On average, research analysts predict that Starwood Property Trust will post 1.89 EPS for the current year.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.