UBS Group Forecasts Strong Price Appreciation for Starwood Property Trust (NYSE:STWD) Stock

Starwood Property Trust (NYSE:STWD) had its target price raised by stock analysts at UBS Group from $19.50 to $20.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price objective indicates a potential downside of 4.05% from the company’s current price.

A number of other research analysts have also commented on the company. JPMorgan Chase & Co. upped their price target on Starwood Property Trust from $19.00 to $19.50 and gave the stock an “overweight” rating in a report on Monday, May 12th. Keefe, Bruyette & Woods upped their price target on Starwood Property Trust from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, July 10th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $22.08.

Starwood Property Trust Stock Up 1.0%

Shares of Starwood Property Trust stock opened at $20.85 on Tuesday. The stock has a market capitalization of $7.08 billion, a P/E ratio of 21.94 and a beta of 1.24. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 2.73. The stock has a 50 day moving average price of $20.14 and a two-hundred day moving average price of $19.60. Starwood Property Trust has a 12-month low of $16.59 and a 12-month high of $21.17.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The company had revenue of $418.18 million for the quarter, compared to the consensus estimate of $469.00 million. Starwood Property Trust had a return on equity of 8.87% and a net margin of 17.26%. During the same period in the previous year, the company earned $0.59 EPS. Equities analysts expect that Starwood Property Trust will post 1.88 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of STWD. Alpine Bank Wealth Management acquired a new stake in shares of Starwood Property Trust in the first quarter valued at $25,000. Meeder Asset Management Inc. acquired a new stake in shares of Starwood Property Trust in the first quarter valued at $25,000. PSI Advisors LLC acquired a new stake in shares of Starwood Property Trust in the first quarter valued at $28,000. SVB Wealth LLC acquired a new stake in shares of Starwood Property Trust in the first quarter valued at $30,000. Finally, Quarry LP acquired a new stake in shares of Starwood Property Trust in the fourth quarter valued at $31,000. 49.82% of the stock is currently owned by institutional investors and hedge funds.

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.