Starwood Property Trust, Inc. (NYSE:STWD) Given Consensus Rating of “Moderate Buy” by Brokerages

Starwood Property Trust, Inc. (NYSE:STWD) has been assigned an average rating of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $22.25.

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

Institutional Trading of Starwood Property Trust

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Starwood Property Trust by 8.1% during the 3rd 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 acquiring an additional 399,672 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Starwood Property Trust by 5.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,109,988 shares of the real estate investment trust’s stock valued at $43,002,000 after purchasing an additional 116,182 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Starwood Property Trust by 9.6% during the third quarter. HighTower Advisors LLC now owns 1,725,473 shares of the real estate investment trust’s stock worth $35,170,000 after purchasing an additional 150,576 shares during the last quarter. Van ECK Associates Corp grew its stake in Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock worth $26,106,000 after purchasing an additional 279,793 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in Starwood Property Trust by 0.6% in the third quarter. Raymond James & Associates now owns 1,090,325 shares of the real estate investment trust’s stock valued at $22,221,000 after buying an additional 6,616 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

STWD stock opened at $19.17 on Thursday. The stock has a 50-day moving average price of $19.90 and a two-hundred day moving average price of $19.83. The company has a market cap of $6.46 billion, a PE ratio of 16.38 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a 12-month low of $18.43 and a 12-month 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $479.50 million during the quarter, compared to the consensus estimate of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The company’s revenue was down 8.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 EPS. As a group, research analysts predict that Starwood Property Trust will post 1.88 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.