Starwood Property Trust (NYSE:STWD) Price Target Raised to $19.50 at JPMorgan Chase & Co.

Starwood Property Trust (NYSE:STWD - Free Report) had its price objective upped by JPMorgan Chase & Co. from $19.00 to $19.50 in a report released on Monday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the real estate investment trust's stock.

A number of other equities research analysts also recently weighed in on the company. UBS Group lowered their target price on Starwood Property Trust from $19.50 to $19.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Starwood Property Trust has an average rating of "Moderate Buy" and an average target price of $21.75.

Starwood Property Trust Price Performance

NYSE:STWD traded up $0.15 during trading hours on Monday, hitting $20.29. The company's stock had a trading volume of 2,009,938 shares, compared to its average volume of 2,466,528. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market capitalization of $6.89 billion, a P/E ratio of 17.34 and a beta of 1.26. Starwood Property Trust has a twelve month low of $16.59 and a twelve month high of $21.17. The stock has a fifty day simple moving average of $19.17 and a 200-day simple moving average of $19.48.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The firm had revenue of $418.18 million during the quarter, compared to the consensus estimate of $469.00 million. During the same quarter in the prior year, the business posted $0.59 earnings per share. On average, analysts anticipate that Starwood Property Trust will post 1.88 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 9.47%. Starwood Property Trust's dividend payout ratio (DPR) is currently 202.11%.

Institutional Trading of Starwood Property Trust

Hedge funds have recently bought and sold shares of the business. Alpine Bank Wealth Management bought a new stake in shares of Starwood Property Trust in the first quarter valued at $25,000. Meeder Asset Management Inc. purchased a new position in Starwood Property Trust during the first quarter worth about $25,000. Albion Financial Group UT purchased a new position in shares of Starwood Property Trust in the 4th quarter worth about $28,000. PSI Advisors LLC purchased a new position in shares of Starwood Property Trust in the 1st quarter worth about $28,000. Finally, Brooklyn Investment Group boosted its holdings in shares of Starwood Property Trust by 86.1% in the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 730 shares in 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.