UBS Group Issues Positive Forecast for Starwood Property Trust (NYSE:STWD) Stock Price

Starwood Property Trust (NYSE:STWD) had its target price lifted by UBS Group from $19.50 to $20.00 in a research note published on Friday morning,Benzinga reports. UBS Group currently has a neutral rating on the real estate investment trust’s stock.

Several other equities research analysts also recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $24.00 price objective on shares of Starwood Property Trust in a report on Friday, July 19th. JMP Securities cut their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods raised shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $20.50 to $22.50 in a research report on Thursday, September 5th. Wells Fargo & Company lifted their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a report on Friday, September 20th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and an average price target of $22.25.

Starwood Property Trust Trading Up 0.5 %

Shares of STWD stock opened at $19.56 on Friday. Starwood Property Trust has a 1-year low of $18.43 and a 1-year high of $22.29. The firm has a market cap of $6.59 billion, a PE ratio of 16.72 and a beta of 1.70. The company has a 50-day moving average of $20.01 and a two-hundred day moving average of $19.79. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79.

Starwood Property Trust (NYSE:STWD) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $479.50 million during the quarter, compared to analysts’ expectations of $488.63 million. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm’s quarterly revenue was down 8.1% on a year-over-year basis. During the same quarter last year, the company posted $0.46 EPS. On average, analysts predict that Starwood Property Trust will post 1.89 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its holdings in shares of Starwood Property Trust by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock valued at $1,081,000 after purchasing an additional 517 shares in the last quarter. Fortem Financial Group LLC raised its stake in Starwood Property Trust by 2.0% in the second quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust’s stock valued at $498,000 after buying an additional 519 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Starwood Property Trust by 26.0% during the 2nd quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 531 shares during the last quarter. First Foundation Advisors boosted its position in shares of Starwood Property Trust by 9.4% during the 1st quarter. First Foundation Advisors now owns 8,307 shares of the real estate investment trust’s stock worth $169,000 after acquiring an additional 717 shares in the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of Starwood Property Trust by 0.4% in the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust’s stock valued at $3,044,000 after acquiring an additional 720 shares during the last quarter. Hedge funds and other institutional investors own 49.82% of the company’s stock.

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.