Starwood Property Trust (NYSE:STWD) Raised to “Hold” at Wall Street Zen

Starwood Property Trust (NYSE:STWD) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Zacks Research raised shares of Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a report on Wednesday, May 13th. UBS Group assumed coverage on shares of Starwood Property Trust in a research report on Tuesday, June 2nd. They issued a “buy” rating and a $20.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $19.70.

Starwood Property Trust Price Performance

Shares of STWD stock opened at $16.97 on Friday. Starwood Property Trust has a 52 week low of $16.29 and a 52 week high of $20.84. The stock has a market capitalization of $6.29 billion, a PE ratio of 17.68, a PEG ratio of 2.24 and a beta of 0.98. The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57. The stock’s fifty day moving average is $16.89 and its 200-day moving average is $17.58.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $205.55 million during the quarter, compared to the consensus estimate of $496.25 million. Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share. Equities research analysts expect that Starwood Property Trust will post 1.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of STWD. MassMutual Private Wealth & Trust FSB raised its stake in shares of Starwood Property Trust by 106.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,449 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 746 shares during the last quarter. CENTRAL TRUST Co boosted its stake in Starwood Property Trust by 154.4% in the fourth quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 908 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Starwood Property Trust during the 4th quarter worth $28,000. FNY Investment Advisers LLC bought a new stake in shares of Starwood Property Trust during the 3rd quarter valued at $30,000. Finally, Versant Capital Management Inc raised its position in shares of Starwood Property Trust by 293.2% during the 2nd quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 1,457 shares during the last quarter. Institutional investors own 49.82% of the company’s stock.

About Starwood Property Trust

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.