Starwood Property Trust, Inc. (NYSE:STWD) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Tuesday.

Separately, Zacks Investment Research cut shares of Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Starwood Property Trust currently has an average rating of “Hold” and a consensus price target of $24.00.

Starwood Property Trust (NYSE:STWD) traded down 0.37% during midday trading on Tuesday, hitting $21.74. 828,751 shares of the stock traded hands. The company has a 50-day moving average of $22.31 and a 200-day moving average of $22.41. Starwood Property Trust has a 1-year low of $21.11 and a 1-year high of $23.46. The stock has a market cap of $5.66 billion, a PE ratio of 12.29 and a beta of 0.54.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. Starwood Property Trust had a net margin of 55.96% and a return on equity of 11.24%. The company had revenue of $198.72 million during the quarter, compared to analysts’ expectations of $229.63 million. During the same quarter in the prior year, the company posted $0.50 EPS. The business’s revenue was up 1.6% on a year-over-year basis. On average, equities analysts expect that Starwood Property Trust will post $2.09 EPS for the current fiscal year.

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In other Starwood Property Trust news, Director Camille J. Douglas sold 4,500 shares of the stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $21.62, for a total transaction of $97,290.00. Following the sale, the director now owns 20,944 shares of the company’s stock, valued at approximately $452,809.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.40% of the company’s stock.

Large investors have recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. raised its stake in shares of Starwood Property Trust by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 5,288 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 50 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of Starwood Property Trust by 52.3% in the first quarter. Penserra Capital Management LLC now owns 5,867 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 2,015 shares in the last quarter. ClariVest Asset Management LLC raised its stake in shares of Starwood Property Trust by 26.6% in the second quarter. ClariVest Asset Management LLC now owns 6,506 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 1,366 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Starwood Property Trust by 5.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock worth $180,000 after buying an additional 438 shares in the last quarter. Finally, Coconut Grove Bank raised its stake in shares of Starwood Property Trust by 108.3% in the first quarter. Coconut Grove Bank now owns 8,040 shares of the real estate investment trust’s stock worth $181,000 after buying an additional 4,180 shares in the last quarter. 74.20% of the stock is currently owned by hedge funds and other institutional investors.

About Starwood Property Trust

Analyst Recommendations for Starwood Property Trust (NYSE:STWD)

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