Starwood Property Trust (NYSE:STWD) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “

Other equities research analysts also recently issued research reports about the company. ValuEngine downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, September 4th. Credit Suisse Group increased their price objective on Starwood Property Trust from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Tuesday, August 21st. Finally, JPMorgan Chase & Co. assumed coverage on Starwood Property Trust in a research report on Friday, September 21st. They set an “overweight” rating and a $23.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.00.

Shares of NYSE:STWD opened at $21.32 on Thursday. Starwood Property Trust has a one year low of $19.47 and a one year high of $23.04. The firm has a market cap of $5.75 billion, a PE ratio of 9.87, a P/E/G ratio of 2.02 and a beta of 0.33. The company has a debt-to-equity ratio of 1.82, a current ratio of 2.00 and a quick ratio of 2.00.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, August 8th. The real estate investment trust reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. Starwood Property Trust had a return on equity of 13.19% and a net margin of 39.03%. The company had revenue of $307.20 million during the quarter, compared to the consensus estimate of $257.88 million. During the same quarter in the prior year, the firm earned $0.52 EPS. The company’s quarterly revenue was up 45.2% compared to the same quarter last year. On average, equities research analysts expect that Starwood Property Trust will post 2.13 EPS for the current year.

A number of large investors have recently made changes to their positions in the business. KAMES CAPITAL plc raised its stake in Starwood Property Trust by 4.7% during the 3rd quarter. KAMES CAPITAL plc now owns 423,855 shares of the real estate investment trust’s stock valued at $9,126,000 after purchasing an additional 19,144 shares during the period. Advisors Capital Management LLC raised its stake in Starwood Property Trust by 4.9% during the 3rd quarter. Advisors Capital Management LLC now owns 524,708 shares of the real estate investment trust’s stock valued at $11,292,000 after purchasing an additional 24,525 shares during the period. Fiduciary Financial Services of The Southwest Inc. TX raised its stake in Starwood Property Trust by 1.1% during the 3rd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 215,410 shares of the real estate investment trust’s stock valued at $4,636,000 after purchasing an additional 2,353 shares during the period. Kovack Advisors Inc. raised its stake in Starwood Property Trust by 107.0% during the 3rd quarter. Kovack Advisors Inc. now owns 37,747 shares of the real estate investment trust’s stock valued at $812,000 after purchasing an additional 19,511 shares during the period. Finally, State of Alaska Department of Revenue raised its stake in Starwood Property Trust by 5.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 219,578 shares of the real estate investment trust’s stock valued at $4,725,000 after purchasing an additional 11,568 shares during the period. 66.11% of the stock is currently owned by institutional investors.

About Starwood Property Trust

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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