Keefe, Bruyette & Woods Issues Positive Forecast for Starwood Property Trust (NYSE:STWD) Stock Price

Starwood Property Trust (NYSE:STWD - Get Free Report) had its price objective hoisted by equities researchers at Keefe, Bruyette & Woods from $21.00 to $22.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an "outperform" rating on the real estate investment trust's stock. Keefe, Bruyette & Woods' price target indicates a potential upside of 5.36% from the company's previous close.

A number of other equities research analysts also recently weighed in on the company. UBS Group reiterated a "neutral" rating and issued a $19.50 price target (up from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. JPMorgan Chase & Co. boosted their price target on Starwood Property Trust from $19.00 to $19.50 and gave the company an "overweight" rating in a report on Monday, May 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $22.00.

Starwood Property Trust Stock Down 0.4%

Shares of NYSE STWD traded down $0.09 during midday trading on Thursday, reaching $20.88. 2,034,935 shares of the company's stock were exchanged, compared to its average volume of 2,457,941. Starwood Property Trust has a 52-week low of $16.59 and a 52-week high of $21.17. The stock has a market capitalization of $7.09 billion, a PE ratio of 21.98 and a beta of 1.24. The company has a debt-to-equity ratio of 2.73, a quick ratio of 1.74 and a current ratio of 1.74. The business's fifty day moving average price is $20.01 and its two-hundred day moving average price is $19.56.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The business had revenue of $418.18 million for the quarter, compared to analysts' expectations of $469.00 million. During the same period in the previous year, the firm posted $0.59 earnings per share. Analysts forecast that Starwood Property Trust will post 1.88 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC bought a new position in shares of Starwood Property Trust in the second quarter worth $765,811,000. Vanguard Group Inc. grew its stake in shares of Starwood Property Trust by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust's stock worth $586,375,000 after purchasing an additional 377,939 shares in the last quarter. Northern Trust Corp grew its stake in shares of Starwood Property Trust by 3.6% in the first quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust's stock worth $108,326,000 after purchasing an additional 192,283 shares in the last quarter. Norges Bank bought a new position in shares of Starwood Property Trust in the fourth quarter worth $63,044,000. Finally, Raymond James Financial Inc. grew its stake in shares of Starwood Property Trust by 5.5% in the first quarter. Raymond James Financial Inc. now owns 2,719,027 shares of the real estate investment trust's stock worth $53,755,000 after purchasing an additional 141,689 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company's stock.

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.