Starwood Property Trust (NYSE:STWD) Raised to Hold at Wall Street Zen

Starwood Property Trust (NYSE:STWD – Get Free Report) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

Other analysts have also issued reports about the stock. Weiss Ratings lowered shares of Starwood Property Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Wells Fargo & Company set a $20.00 price target on shares of Starwood Property Trust in a report on Monday, August 17th. Zacks Research raised shares of Starwood Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 20th. JPMorgan Chase & Co. cut their target price on Starwood Property Trust from $19.00 to $18.50 and set an “overweight” rating on the stock in a research note on Tuesday, August 18th. Finally, Citigroup reissued a “market outperform” rating on shares of Starwood Property Trust in a research report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and an average target price of $18.50.

Check Out Our Latest Analysis on STWD

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $12.04 on Friday. The company has a 50 day moving average price of $13.77 and a 200-day moving average price of $16.41. Starwood Property Trust has a 52 week low of $11.84 and a 52 week high of $18.66. The firm has a market capitalization of $4.46 billion, a PE ratio of 20.41, a P/E/G ratio of 1.75 and a beta of 1.03. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.47.

Starwood Property Trust (NYSE:STWD – Get Free Report) last announced its quarterly earnings data on Friday, November 6th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%. The company had revenue of $545.85 million for the quarter, compared to analyst estimates of $531.80 million. During the same quarter in the previous year, the company earned $0.40 EPS. The firm’s revenue for the quarter was down 22.8% compared to the same quarter last year. As a group, equities research analysts expect that Starwood Property Trust will post 1.33 earnings per share for the current year.

Institutional Investors Weigh In On Starwood Property Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in shares of Starwood Property Trust in the 2nd quarter valued at about $589,366,000. Advisors Capital Management LLC purchased a new position in Starwood Property Trust during the second quarter valued at $70,121,000. Bank of New York Mellon Corp bought a new position in shares of Starwood Property Trust in the 2nd quarter valued at about $38,498,000. Bank of America Corp DE purchased a new position in Starwood Property Trust in the second quarter valued at $19,537,000. Finally, Legal & General Group Plc purchased a new stake in shares of Starwood Property Trust during the 2nd quarter worth $7,353,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust News Roundup

Here are the key news stories impacting Starwood Property Trust this week:

Starwood Property Trust Company Profile

(Get Free Report)

Starwood Property Trust, Inc is a real estate investment trust that focuses on commercial real estate finance and related investments. The company originates, acquires, and manages a range of real estate debt and equity investments, serving institutional borrowers, property owners, and developers.

Its portfolio and lending activities include senior mortgage loans, mezzanine debt, subordinated loans, preferred equity, commercial mortgage-backed securities, and other structured real estate investments.

Read More

Analyst Recommendations for Starwood Property Trust (NYSE:STWD)

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.