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

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

A number of equities analysts recently commented on STWD shares. UBS Group raised their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Wells Fargo & Company lifted their price target on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. JPMorgan Chase & Co. reduced their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research report on Thursday, November 7th. Finally, JMP Securities dropped their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. increased its holdings in Starwood Property Trust by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock worth $1,081,000 after purchasing an additional 517 shares in the last quarter. Summit Trail Advisors LLC increased its stake in shares of Starwood Property Trust by 3.1% in the third quarter. Summit Trail Advisors LLC now owns 25,015 shares of the real estate investment trust’s stock valued at $522,000 after buying an additional 760 shares during the period. GAMMA Investing LLC raised its holdings in Starwood Property Trust by 33.7% in the 3rd quarter. GAMMA Investing LLC now owns 3,025 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 762 shares during the last quarter. MML Investors Services LLC boosted its position in Starwood Property Trust by 4.0% during the 3rd quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust’s stock worth $407,000 after buying an additional 767 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in Starwood Property Trust by 6.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 14,474 shares of the real estate investment trust’s stock worth $295,000 after acquiring an additional 821 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $18.42 on Monday. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 15.74 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 $18.36 and a 12 month high of $21.22. The stock’s 50 day moving average is $19.62 and its 200-day moving average is $19.82.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The firm had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same period in the prior year, the firm posted $0.46 EPS. The company’s revenue for the quarter was down 8.1% on a year-over-year basis. Equities research analysts expect that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 10.42%. The ex-dividend date of this dividend is Tuesday, December 31st. Starwood Property Trust’s dividend payout ratio is presently 164.10%.

About Starwood Property Trust

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.