Starwood Property Trust (NYSE: STWD) has recently received a number of price target changes and ratings updates:

  • 10/3/2017 – Starwood Property Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/2/2017 – Starwood Property Trust was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 9/28/2017 – Starwood Property Trust was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
  • 9/27/2017 – Starwood Property Trust was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/13/2017 – Starwood Property Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/12/2017 – Starwood Property Trust was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
  • 9/12/2017 – Starwood Property Trust was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/6/2017 – Starwood Property Trust was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
  • 8/25/2017 – Starwood Property Trust was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
  • 8/8/2017 – Starwood Property Trust was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Starwood Property Trust, Inc. (STWD) traded up 0.18% during mid-day trading on Wednesday, reaching $21.71. 306,472 shares of the company traded hands. Starwood Property Trust, Inc. has a one year low of $21.11 and a one year high of $23.01. The stock’s 50-day moving average price is $22.01 and its 200-day moving average price is $22.22. The firm has a market cap of $5.63 billion, a PE ratio of 12.47 and a beta of 0.53.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.01. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. The firm had revenue of $211.57 million during the quarter, compared to analysts’ expectations of $244.13 million. During the same period in the previous year, the business posted $0.50 EPS. Analysts forecast that Starwood Property Trust, Inc. will post $2.10 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 8.86%. The ex-dividend date of this dividend is Thursday, September 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 109.09%.

In related news, CFO Rina Paniry sold 6,867 shares of the stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the transaction, the chief financial officer now directly owns 100,026 shares in the company, valued at $2,196,570.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Andrew Jay Sossen sold 11,270 shares of the stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total transaction of $247,263.80. Following the completion of the transaction, the chief operating officer now owns 108,258 shares in the company, valued at $2,375,180.52. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.

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