Starwood Property Trust (NYSE:STWD) Reaches New 52-Week Low – Time to Sell?

Starwood Property Trust, Inc. (NYSE:STWD) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $15.17 and last traded at $15.1840, with a volume of 4163425 shares. The stock had previously closed at $15.44.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on STWD. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. UBS Group began coverage on shares of Starwood Property Trust in a research report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price target for the company. Wells Fargo & Company set a $20.00 price objective on shares of Starwood Property Trust in a research note on Monday, August 17th. Keefe, Bruyette & Woods dropped their price objective on shares of Starwood Property Trust from $19.00 to $18.50 and set an “outperform” rating on the stock in a report on Friday, August 7th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Starwood Property Trust in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus target price of $19.20.

Starwood Property Trust Stock Up 0.6%

The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47. The company has a fifty day simple moving average of $16.18 and a 200-day simple moving average of $16.95. The firm has a market cap of $5.58 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 1.97 and a beta of 0.98.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The firm had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. During the same quarter last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. On average, equities analysts anticipate that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current year.

Starwood Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.48 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 12.7%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 325.42%.

Hedge Funds Weigh In On Starwood Property Trust

A number of hedge funds have recently modified their holdings of STWD. Bullseye Investment Management LLC purchased a new stake in shares of Starwood Property Trust in the second quarter worth $34,000. Integrated Wealth Concepts LLC purchased a new position in shares of Starwood Property Trust during the 2nd quarter valued at $68,000. RFG Advisory LLC boosted its holdings in Starwood Property Trust by 1.5% in the 2nd quarter. RFG Advisory LLC now owns 192,408 shares of the real estate investment trust’s stock worth $3,152,000 after buying an additional 2,784 shares during the period. NewEdge Advisors LLC boosted its holdings in Starwood Property Trust by 770.6% in the 2nd quarter. NewEdge Advisors LLC now owns 125,301 shares of the real estate investment trust’s stock worth $2,052,000 after buying an additional 110,908 shares during the period. Finally, Squarepoint Ops LLC increased its stake in Starwood Property Trust by 13.2% in the 2nd quarter. Squarepoint Ops LLC now owns 165,062 shares of the real estate investment trust’s stock worth $2,704,000 after buying an additional 19,265 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc is a real estate investment trust focused primarily on commercial real estate finance. The company originates, acquires, finances and manages a range of commercial real estate debt investments, including first mortgage loans, mezzanine loans, subordinated debt and securities backed by commercial properties.

Its activities also include infrastructure lending, residential lending and the ownership or management of commercial real estate investments. Through these businesses, Starwood Property Trust provides financing to property owners, developers and investors across sectors such as office, multifamily, industrial, hospitality and other commercial real estate categories.

Founded in 2009, the company operates primarily in the United States and also pursues investment opportunities in international markets, including Europe.