Keefe, Bruyette & Woods Lowers Starwood Property Trust (NYSE:STWD) Price Target to $21.00

Starwood Property Trust (NYSE:STWD) had its price objective reduced by equities researchers at Keefe, Bruyette & Woods from $22.00 to $21.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 21.42% from the stock’s previous close.

Separately, JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $22.07.

Starwood Property Trust Trading Down 1.7 %

Shares of STWD stock opened at $17.30 on Monday. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a fifty day simple moving average of $19.69 and a two-hundred day simple moving average of $19.70. The firm has a market capitalization of $5.84 billion, a PE ratio of 14.78 and a beta of 1.34. Starwood Property Trust has a 52-week low of $17.17 and a 52-week high of $21.17.

Hedge Funds Weigh In On Starwood Property Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Albion Financial Group UT purchased a new stake in shares of Starwood Property Trust during the 4th quarter worth approximately $28,000. Brooklyn Investment Group increased its position in Starwood Property Trust by 86.1% in the fourth quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 730 shares during the last quarter. Quarry LP purchased a new stake in Starwood Property Trust during the fourth quarter valued at $31,000. UMB Bank n.a. lifted its position in Starwood Property Trust by 69.7% during the fourth quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 717 shares during the last quarter. Finally, Hurley Capital LLC purchased a new position in shares of Starwood Property Trust in the 4th quarter worth $36,000. 49.82% of the stock is owned by institutional investors.

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.