Starwood Property Trust, Inc. (NYSE:STWD)‘s stock had its “buy” rating reissued by investment analysts at B. Riley in a research note issued on Tuesday. They currently have a $24.00 target price on the real estate investment trust’s stock. B. Riley’s price objective suggests a potential upside of 10.94% from the company’s previous close.

Several other analysts also recently weighed in on STWD. BidaskClub downgraded Starwood Property Trust from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, ValuEngine downgraded Starwood Property Trust from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.00.

Starwood Property Trust (STWD) traded up $0.04 during trading hours on Tuesday, hitting $21.63. The stock had a trading volume of 492,141 shares, compared to its average volume of 1,797,802. Starwood Property Trust has a fifty-two week low of $21.27 and a fifty-two week high of $23.01. The company has a market capitalization of $5,630.00, a P/E ratio of 10.28, a price-to-earnings-growth ratio of 2.04 and a beta of 0.37. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.47 and a current ratio of 2.47.

Starwood Property Trust (NYSE:STWD) last released its earnings results on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.11. Starwood Property Trust had a return on equity of 11.88% and a net margin of 52.28%. The business had revenue of $226.77 million during the quarter, compared to the consensus estimate of $236.76 million. During the same period last year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. analysts forecast that Starwood Property Trust will post 2.12 EPS for the current fiscal year.

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In other Starwood Property Trust news, CFO Rina Paniry sold 6,867 shares of the business’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total value of $150,799.32. Following the completion of 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Andrew Jay Sossen sold 11,270 shares of the business’s stock in a transaction dated Tuesday, September 19th. The stock was 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 of the company’s stock, valued at $2,375,180.52. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Starwood Property Trust by 5.5% in the second quarter. Vanguard Group Inc. now owns 22,179,781 shares of the real estate investment trust’s stock worth $496,604,000 after purchasing an additional 1,156,034 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in Starwood Property Trust by 2.9% in the second quarter. Neuberger Berman Group LLC now owns 7,631,024 shares of the real estate investment trust’s stock worth $170,859,000 after purchasing an additional 215,564 shares in the last quarter. LSV Asset Management raised its holdings in Starwood Property Trust by 4.4% in the second quarter. LSV Asset Management now owns 5,296,409 shares of the real estate investment trust’s stock worth $118,586,000 after purchasing an additional 223,100 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Starwood Property Trust by 1.3% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 2,210,616 shares of the real estate investment trust’s stock worth $48,015,000 after purchasing an additional 28,685 shares in the last quarter. Finally, Dana Investment Advisors Inc. raised its holdings in Starwood Property Trust by 2.6% in the third quarter. Dana Investment Advisors Inc. now owns 1,285,462 shares of the real estate investment trust’s stock worth $27,920,000 after purchasing an additional 32,089 shares in the last quarter. Institutional investors and hedge funds own 68.11% of the company’s stock.

Starwood Property Trust Company Profile

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