Starwood Property Trust (NYSE:STWD) Given Hold (C) Rating at Weiss Ratings

Starwood Property Trust (NYSE:STWD)‘s stock had its “hold (c)” rating reaffirmed by research analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Other analysts also recently issued reports about the company. Keefe, Bruyette & Woods boosted their target price on Starwood Property Trust from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, July 10th. UBS Group boosted their target price on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Wall Street Zen raised Starwood Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Zacks Research downgraded Starwood Property Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $21.13.

Starwood Property Trust Trading Up 0.4%

NYSE:STWD opened at $18.64 on Friday. The stock has a 50-day simple moving average of $19.69 and a 200-day simple moving average of $19.69. The stock has a market cap of $6.84 billion, a P/E ratio of 17.10 and a beta of 1.29. Starwood Property Trust has a 1 year low of $16.59 and a 1 year high of $21.05. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.61 and a current ratio of 1.61.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.02. The business had revenue of $444.28 million during the quarter, compared to analysts’ expectations of $477.00 million. Starwood Property Trust had a return on equity of 8.72% and a net margin of 20.58%.The business’s quarterly revenue was down 9.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 EPS. As a group, analysts anticipate that Starwood Property Trust will post 1.88 earnings per share for the current fiscal year.

Institutional Trading of Starwood Property Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. purchased a new stake in Starwood Property Trust during the 1st quarter valued at approximately $25,000. Evolution Wealth Management Inc. purchased a new stake in Starwood Property Trust during the 2nd quarter valued at approximately $25,000. SVB Wealth LLC purchased a new stake in Starwood Property Trust during the 1st quarter valued at approximately $30,000. Smallwood Wealth Investment Management LLC purchased a new stake in Starwood Property Trust during the 1st quarter valued at approximately $40,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in Starwood Property Trust during the 1st quarter valued at approximately $44,000. 49.82% of the stock is owned by hedge funds and other institutional investors.

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.