Starwood Property Trust, Inc. (NYSE:STWD) Receives $22.21 Average Price Target from Brokerages

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have been given an average recommendation of “Moderate Buy” by the eight research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $22.21.

Several research firms have issued reports on STWD. JPMorgan Chase & Co. decreased their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 14th. Finally, UBS Group raised their target price 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Starwood Property Trust during the fourth quarter valued at approximately $63,044,000. Raymond James Financial Inc. bought a new stake in Starwood Property Trust during the fourth quarter valued at $48,841,000. Leeward Investments LLC MA acquired a new position in shares of Starwood Property Trust during the fourth quarter valued at $24,791,000. Northern Trust Corp boosted its holdings in shares of Starwood Property Trust by 16.2% during the fourth quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust’s stock valued at $100,189,000 after acquiring an additional 736,699 shares during the period. Finally, Focus Partners Wealth boosted its holdings in shares of Starwood Property Trust by 305.4% during the fourth quarter. Focus Partners Wealth now owns 670,093 shares of the real estate investment trust’s stock valued at $12,699,000 after acquiring an additional 504,812 shares during the period. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Price Performance

Starwood Property Trust stock opened at $20.55 on Tuesday. Starwood Property Trust has a 12-month low of $18.12 and a 12-month high of $21.17. The stock has a market capitalization of $6.93 billion, a P/E ratio of 17.56 and a beta of 1.68. The firm’s 50-day moving average is $19.49 and its two-hundred day moving average is $19.83. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

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.