Starwood Property Trust, Inc. (NYSE:STWD) Given Consensus Rating of “Moderate Buy” by Brokerages

Starwood Property Trust, Inc. (NYSE:STWD) has earned an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $21.83.

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $22.00 to $21.00 and set an “outperform” rating for the company in a report on Monday, April 7th. UBS Group reaffirmed a “neutral” rating and set a $19.50 price target (up from $19.00) on shares of Starwood Property Trust in a report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. raised their target price on shares of Starwood Property Trust from $19.00 to $19.50 and gave the stock an “overweight” rating in a research note on Monday, May 12th.

Starwood Property Trust Stock Up 0.0%

Shares of NYSE:STWD opened at $20.76 on Monday. Starwood Property Trust has a 1-year low of $16.59 and a 1-year high of $21.17. The stock has a market cap of $7.05 billion, a P/E ratio of 21.85 and a beta of 1.24. The firm has a fifty day moving average price of $19.88 and a 200 day moving average price of $19.52. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.74 and a quick ratio of 1.74.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Friday, May 9th. The real estate investment trust reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. The business had revenue of $418.18 million for the quarter, compared to analyst estimates of $469.00 million. During the same quarter last year, the company posted $0.59 EPS. Sell-side analysts predict that Starwood Property Trust will post 1.88 EPS for the current year.

Starwood Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Wednesday, July 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Monday, June 30th. Starwood Property Trust’s dividend payout ratio (DPR) is currently 202.11%.

Institutional Investors Weigh In On Starwood Property Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of STWD. Proficio Capital Partners LLC acquired a new stake in shares of Starwood Property Trust during the 4th quarter valued at approximately $377,000. Smartleaf Asset Management LLC raised its holdings in Starwood Property Trust by 83.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,881 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 854 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Starwood Property Trust by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,153,097 shares of the real estate investment trust’s stock worth $40,801,000 after purchasing an additional 43,109 shares during the last quarter. Arizona State Retirement System raised its holdings in Starwood Property Trust by 6.6% during the fourth quarter. Arizona State Retirement System now owns 92,164 shares of the real estate investment trust’s stock worth $1,747,000 after purchasing an additional 5,733 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Starwood Property Trust during the 4th quarter worth $48,841,000. Institutional investors and hedge funds own 49.82% of the company’s stock.

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.