Starwood Property Trust (NYSE:STWD) Stock Rating Lowered by Zacks Research

Key Points

• Starwood Property Trust (NYSE:STWD) has been downgraded from a "strong-buy" to a "hold" rating by Zacks Research.
• Other analysts such as Keefe, Bruyette & Woods and UBS Group have revised their target prices for the stock to $22.00 and $20.00 respectively, maintaining varied ratings.
• The company reported $0.43 earnings per share, exceeding expectations, but showed a 9.3% revenue decline compared to the previous year.

Starwood Property Trust (NYSE:STWD - Get Free Report) was downgraded by research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the company. Keefe, Bruyette & Woods boosted their target price on Starwood Property Trust from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. UBS Group boosted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a report on Tuesday, July 15th. Finally, Wall Street Zen raised Starwood Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Starwood Property Trust has an average rating of "Moderate Buy" and a consensus target price of $21.13.

Starwood Property Trust Stock Up 0.6%

NYSE:STWD opened at $19.50 on Tuesday. The firm has a market capitalization of $7.16 billion, a price-to-earnings ratio of 17.89 and a beta of 1.29. Starwood Property Trust has a twelve month low of $16.59 and a twelve month high of $21.05. The stock's 50 day moving average price is $20.02 and its two-hundred day moving average price is $19.78. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 2.90.

Starwood Property Trust (NYSE:STWD - Get Free Report) last posted its earnings results on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The business had revenue of $444.28 million for the quarter, compared to analyst estimates of $477.00 million. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The firm's revenue was down 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 EPS. Equities research analysts expect that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Institutional Trading of Starwood Property Trust

Several institutional investors have recently added to or reduced their stakes in STWD. GAMMA Investing LLC boosted its stake in Starwood Property Trust by 3,472.9% in the 1st quarter. GAMMA Investing LLC now owns 117,157 shares of the real estate investment trust's stock valued at $2,316,000 after purchasing an additional 113,878 shares during the period. NBC Securities Inc. boosted its stake in Starwood Property Trust by 124,050.0% in the 1st quarter. NBC Securities Inc. now owns 4,966 shares of the real estate investment trust's stock valued at $98,000 after purchasing an additional 4,962 shares during the period. Seneca House Advisors boosted its stake in Starwood Property Trust by 8.0% in the 1st quarter. Seneca House Advisors now owns 477,461 shares of the real estate investment trust's stock valued at $9,439,000 after purchasing an additional 35,285 shares during the period. UMB Bank n.a. lifted its position in shares of Starwood Property Trust by 83.0% during the 1st quarter. UMB Bank n.a. now owns 3,195 shares of the real estate investment trust's stock valued at $63,000 after acquiring an additional 1,449 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in shares of Starwood Property Trust during the 1st quarter valued at $215,000. 49.82% of the stock is currently owned by institutional investors.

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.

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