Brokerages Set Starwood Property Trust, Inc. (NYSE:STWD) Target Price at $22.25

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $22.25.

A number of research firms have recently issued reports on STWD. UBS Group increased their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. Wells Fargo & Company upped their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday, September 20th. JMP Securities cut their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. cut their price objective on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating for the company in a report on Thursday, November 7th.

Starwood Property Trust Trading Up 0.6 %

Shares of NYSE STWD opened at $20.30 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a 12 month low of $18.43 and a 12 month high of $22.29. The company has a market cap of $6.84 billion, a price-to-earnings ratio of 17.35 and a beta of 1.70. The business has a fifty day simple moving average of $19.98 and a 200-day simple moving average of $19.80.

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

Hedge Funds Weigh In On Starwood Property Trust

Institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Starwood Property Trust by 66.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 224,962 shares of the real estate investment trust’s stock valued at $4,585,000 after buying an additional 90,046 shares in the last quarter. Quest Partners LLC grew its position in shares of Starwood Property Trust by 128.7% in the third quarter. Quest Partners LLC now owns 66,724 shares of the real estate investment trust’s stock valued at $1,360,000 after purchasing an additional 37,554 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in shares of Starwood Property Trust by 79.1% in the third quarter. Stratos Wealth Advisors LLC now owns 82,637 shares of the real estate investment trust’s stock valued at $1,684,000 after purchasing an additional 36,493 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Starwood Property Trust by 27.1% in the third quarter. Van ECK Associates Corp now owns 1,313,824 shares of the real estate investment trust’s stock valued at $26,106,000 after purchasing an additional 279,793 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Starwood Property Trust by 70.0% in the first quarter. Cetera Investment Advisers now owns 334,893 shares of the real estate investment trust’s stock valued at $6,808,000 after purchasing an additional 137,923 shares during the last quarter. 49.82% 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 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.