Shares of Starwood Property Trust, Inc. (NYSE:STWD) have received a consensus recommendation of “Buy” from the six brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $24.00.

STWD has been the subject of a number of analyst reports. ValuEngine raised Starwood Property Trust from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Compass Point raised Starwood Property Trust from a “neutral” rating to a “buy” rating in a report on Wednesday, October 25th. B. Riley reissued a “buy” rating and issued a $24.00 price target on shares of Starwood Property Trust in a report on Thursday, November 9th. Zacks Investment Research raised Starwood Property Trust from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Wednesday, November 15th. Finally, BidaskClub raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th.

In related news, COO Andrew Jay Sossen sold 11,270 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the sale, the chief operating officer now directly owns 108,258 shares in the company, valued at $2,375,180.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $21.96, for a total value of $150,799.32. Following the sale, the chief financial officer now owns 100,026 shares of the company’s stock, valued at $2,196,570.96. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Intellectus Partners LLC increased its position in shares of Starwood Property Trust by 0.3% during the second quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock worth $489,000 after purchasing an additional 65 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its position in shares of Starwood Property Trust by 1.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock worth $120,000 after purchasing an additional 87 shares in the last quarter. CWA Asset Management Group LLC increased its position in shares of Starwood Property Trust by 2.5% during the second quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock worth $229,000 after purchasing an additional 250 shares in the last quarter. S. R. Schill & Associates increased its position in shares of Starwood Property Trust by 0.6% during the second quarter. S. R. Schill & Associates now owns 52,265 shares of the real estate investment trust’s stock worth $1,170,000 after purchasing an additional 286 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Starwood Property Trust by 5.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock worth $180,000 after purchasing an additional 438 shares in the last quarter. Hedge funds and other institutional investors own 68.11% of the company’s stock.

Shares of Starwood Property Trust (NYSE:STWD) traded up $0.09 during trading hours on Friday, reaching $21.78. The company’s stock had a trading volume of 1,001,979 shares, compared to its average volume of 1,792,507. Starwood Property Trust has a one year low of $21.27 and a one year high of $23.01. The firm has a market capitalization of $5,680.00, a P/E ratio of 10.28, a PEG ratio of 2.04 and a beta of 0.37. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.47 and a quick ratio of 2.47.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The company had revenue of $226.77 million during the quarter, compared to the consensus estimate of $236.76 million. During the same period in the previous year, the company posted $0.59 earnings per share. Starwood Property Trust’s revenue for the quarter was up 10.8% on a year-over-year basis. equities research analysts anticipate that Starwood Property Trust will post 2.12 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date of this dividend is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 115.66%.

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About Starwood Property Trust

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