Starwood Property Trust (NYSE:STWD) Earns Neutral Rating from UBS Group

Starwood Property Trust (NYSE:STWD)‘s stock had its “neutral” rating reissued by UBS Group in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They currently have a $19.50 price target on the real estate investment trust’s stock, up from their previous price target of $19.00. UBS Group’s price objective would suggest a potential upside of 0.15% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. lifted their price target on Starwood Property Trust from $19.00 to $19.50 and gave the company an “overweight” rating in a research note on Monday, May 12th. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating on the stock in a research report 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. According to data from MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus target price of $21.83.

Starwood Property Trust Price Performance

STWD stock opened at $19.47 on Wednesday. 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’s 50-day moving average is $19.17 and its 200-day moving average is $19.47. The stock has a market capitalization of $6.61 billion, a PE ratio of 16.64 and a beta of 1.26. Starwood Property Trust has a 1 year low of $16.59 and a 1 year high of $21.17.

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

Institutional Trading of Starwood Property Trust

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Starwood Property Trust by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock valued at $586,375,000 after purchasing an additional 377,939 shares during the period. Northern Trust Corp boosted its holdings in shares of Starwood Property Trust by 3.6% in the 1st quarter. Northern Trust Corp now owns 5,479,313 shares of the real estate investment trust’s stock worth $108,326,000 after buying an additional 192,283 shares during the last quarter. Norges Bank bought a new position in Starwood Property Trust during the fourth quarter valued at about $63,044,000. Raymond James Financial Inc. increased its holdings in Starwood Property Trust by 5.5% during 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 buying an additional 141,689 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Starwood Property Trust by 0.4% in the fourth quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock worth $50,593,000 after acquiring an additional 10,979 shares during the period. 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.