Shares of Starwood Property Trust Inc. (NYSE:STWD) have been assigned a consensus recommendation of “Buy” from the nine ratings firms that are covering the firm. Two analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $24.06.

STWD has been the topic of a number of recent research reports. Zacks Investment Research downgraded Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Thursday, October 6th. Compass Point downgraded Starwood Property Trust from a “buy” rating to a “neutral” rating and raised their price target for the stock from $22.00 to $23.00 in a report on Monday, August 15th. Credit Suisse Group AG raised their price target on Starwood Property Trust from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Monday, September 26th. Citigroup Inc. raised their price target on Starwood Property Trust from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, August 10th. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Starwood Property Trust in a report on Thursday, November 3rd.

Starwood Property Trust (NYSE:STWD) traded down 0.023% during midday trading on Wednesday, hitting $21.555. 741,843 shares of the stock traded hands. The company has a 50-day moving average of $22.09 and a 200-day moving average of $21.47. Starwood Property Trust has a 12 month low of $16.69 and a 12 month high of $23.46. The stock has a market cap of $5.14 billion, a PE ratio of 15.374 and a beta of 0.66.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by $0.03. Starwood Property Trust had a net margin of 40.71% and a return on equity of 11.76%. The company had revenue of $204.71 million for the quarter, compared to the consensus estimate of $50.75 million. During the same period in the previous year, the business earned $0.56 EPS. Starwood Property Trust’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, equities research analysts anticipate that Starwood Property Trust will post $1.73 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Stockholders of record on Friday, December 30th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 8.91%. The ex-dividend date is Wednesday, December 28th. Starwood Property Trust’s payout ratio is 135.21%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Starwood Property Trust by 2.9% in the second quarter. Vanguard Group Inc. now owns 15,841,957 shares of the company’s stock valued at $328,245,000 after buying an additional 449,964 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Starwood Property Trust by 2.7% in the second quarter. Jennison Associates LLC now owns 9,542,593 shares of the company’s stock valued at $197,723,000 after buying an additional 254,544 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Starwood Property Trust by 1.2% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 6,098,270 shares of the company’s stock valued at $137,333,000 after buying an additional 70,938 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of Starwood Property Trust by 12.4% in the second quarter. Prudential Financial Inc. now owns 4,876,173 shares of the company’s stock valued at $101,034,000 after buying an additional 538,451 shares in the last quarter. Finally, LSV Asset Management boosted its position in shares of Starwood Property Trust by 5.1% in the third quarter. LSV Asset Management now owns 4,817,409 shares of the company’s stock valued at $108,488,000 after buying an additional 232,700 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

Starwood Property Trust Company Profile

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