Brokerages Set Starwood Property Trust, Inc. (NYSE:STWD) Price Target at $22.25

Starwood Property Trust, Inc. (NYSE:STWD) has been given an average rating of “Moderate Buy” by the nine research firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $22.25.

A number of research firms have weighed in on STWD. JMP Securities decreased their price target on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a report on Thursday, November 7th. Keefe, Bruyette & Woods upgraded shares of Starwood Property Trust from a “market perform” rating to an “outperform” rating and upped their target price for the company from $20.50 to $22.50 in a research note on Thursday, September 5th. UBS Group lifted their price target on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Wells Fargo & Company upped their price objective on shares of Starwood Property Trust from $22.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, September 20th. Finally, JPMorgan Chase & Co. cut their price target on Starwood Property Trust from $20.50 to $20.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th.

Institutional Trading of Starwood Property Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. grew its position in shares of Starwood Property Trust by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust’s stock worth $1,081,000 after acquiring an additional 517 shares in the last quarter. Fortem Financial Group LLC increased its stake in Starwood Property Trust by 2.0% during the second quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 519 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Starwood Property Trust by 26.0% during the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 531 shares during the period. Whittier Trust Co. lifted its position in shares of Starwood Property Trust by 0.4% in the 2nd quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust’s stock worth $3,044,000 after buying an additional 720 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its position in shares of Starwood Property Trust by 3.4% in the 2nd quarter. Raymond James Trust N.A. now owns 22,466 shares of the real estate investment trust’s stock worth $426,000 after buying an additional 747 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

Starwood Property Trust Stock Performance

NYSE:STWD opened at $20.37 on Friday. The firm’s fifty day simple moving average is $19.96 and its 200 day simple moving average is $19.80. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a twelve month low of $18.43 and a twelve month high of $22.29. The firm has a market capitalization of $6.87 billion, a price-to-earnings ratio of 17.41 and a beta of 1.70.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same period last year, the company posted $0.46 earnings per share. The firm’s revenue was down 8.1% compared to the same quarter last year. As a group, equities research analysts expect that Starwood Property Trust will post 1.89 earnings per share for the current fiscal year.

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.