Starwood Property Trust, Inc. (NYSE:STWD) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analysts maintain a “Moderate Buy” consensus on Starwood Property Trust, with four buy ratings and three holds among seven brokerages. The average 12-month price target is $19.20, compared with the stock’s opening price of $15.00.
• Institutional investors own approximately 49.82% of STWD, with several firms increasing their positions during the second quarter, including NewEdge Advisors, which boosted its holdings by 770.6%.
• Starwood Property Trust’s latest quarterly results met expectations with earnings of $0.40 per share; revenue reached $201.42 million, up 15.6% year over year, although the stock remains near its 12-month low of $14.89.

Shares of Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) have been given a consensus rating of "Moderate Buy" by the seven brokerages that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $19.20.

A number of research analysts have weighed in on STWD shares. Wells Fargo & Company set a $20.00 target price on shares of Starwood Property Trust in a research note on Monday, August 17th. Keefe, Bruyette & Woods decreased their price target on shares of Starwood Property Trust from $19.00 to $18.50 and set an "outperform" rating for the company in a research note on Friday, August 7th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Starwood Property Trust in a report on Friday, August 7th. UBS Group assumed coverage on Starwood Property Trust in a research note on Tuesday, June 2nd. They issued a "buy" rating and a $20.00 price objective on the stock. Finally, JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $19.00 to $18.50 and set an "overweight" rating for the company in a report on Tuesday, August 18th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in STWD. Bullseye Investment Management LLC bought a new stake in Starwood Property Trust during the second quarter valued at $34,000. Integrated Wealth Concepts LLC bought a new position in Starwood Property Trust in the 2nd quarter worth about $68,000. RFG Advisory LLC increased its stake in Starwood Property Trust by 1.5% in the 2nd quarter. RFG Advisory LLC now owns 192,408 shares of the real estate investment trust's stock worth $3,152,000 after acquiring an additional 2,784 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Starwood Property Trust by 770.6% in the 2nd quarter. NewEdge Advisors LLC now owns 125,301 shares of the real estate investment trust's stock valued at $2,052,000 after acquiring an additional 110,908 shares in the last quarter. Finally, Squarepoint Ops LLC raised its holdings in shares of Starwood Property Trust by 13.2% in the 2nd quarter. Squarepoint Ops LLC now owns 165,062 shares of the real estate investment trust's stock valued at $2,704,000 after acquiring an additional 19,265 shares in the last quarter. Institutional investors own 49.82% of the company's stock.

Starwood Property Trust Stock Performance

NYSE STWD opened at $15.00 on Thursday. The company has a market cap of $5.55 billion, a P/E ratio of 25.42, a PEG ratio of 2.00 and a beta of 0.98. The company has a fifty day simple moving average of $16.21 and a 200 day simple moving average of $16.97. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 3.47. Starwood Property Trust has a 12-month low of $14.89 and a 12-month high of $20.48.

Starwood Property Trust (NYSE:STWD - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, hitting the consensus estimate of $0.40. Starwood Property Trust had a return on equity of 7.85% and a net margin of 11.35%.The firm had revenue of $201.42 million during the quarter, compared to the consensus estimate of $521.67 million. During the same period in the prior year, the business posted $0.43 earnings per share. The company's quarterly revenue was up 15.6% compared to the same quarter last year. Sell-side analysts predict that Starwood Property Trust will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc is a real estate investment trust focused primarily on commercial real estate finance. The company originates, acquires, finances and manages a range of commercial real estate debt investments, including first mortgage loans, mezzanine loans, subordinated debt and securities backed by commercial properties.

Its activities also include infrastructure lending, residential lending and the ownership or management of commercial real estate investments. Through these businesses, Starwood Property Trust provides financing to property owners, developers and investors across sectors such as office, multifamily, industrial, hospitality and other commercial real estate categories.

Founded in 2009, the company operates primarily in the United States and also pursues investment opportunities in international markets, including Europe.

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