Starwood Property Trust (NYSE:STWD) Reaches New 52-Week Low – Should You Sell?

Shares of Starwood Property Trust, Inc. (NYSE:STWD) reached a new 52-week low during trading on Thursday . The company traded as low as $15.47 and last traded at $15.6650, with a volume of 790307 shares. The stock had previously closed at $15.87.

Wall Street Analysts Forecast Growth

STWD has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starwood Property Trust in a report on Friday, August 7th. Wells Fargo & Company set a $20.00 price target on Starwood Property Trust in a report on Monday, August 17th. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen downgraded Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, UBS Group started coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.20.

Starwood Property Trust Trading Down 1.5%

The company has a debt-to-equity ratio of 3.47, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 2.09 and a beta of 0.98. The business’s 50-day simple moving average is $16.33 and its 200-day simple moving average is $17.06.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. The company had revenue of $201.42 million for the quarter, compared to the consensus estimate of $521.67 million. Starwood Property Trust had a net margin of 11.35% and a return on equity of 7.85%. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.43 earnings per share. Research analysts predict that Starwood Property Trust, Inc. will post 1.4 earnings per share for the current fiscal year.

Starwood Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 12.3%. Starwood Property Trust’s dividend payout ratio is presently 325.42%.

Hedge Funds Weigh In On Starwood Property Trust

Hedge funds have recently bought and sold shares of the stock. Quantum Portfolio Management LLC raised its holdings in shares of Starwood Property Trust by 882,760.9% in the first quarter. Quantum Portfolio Management LLC now owns 112,176,302 shares of the real estate investment trust’s stock worth $1,931,676,000 after acquiring an additional 112,163,596 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Starwood Property Trust during the second quarter valued at $589,366,000. California State Teachers Retirement System increased its position in Starwood Property Trust by 1,492.8% during the 2nd quarter. California State Teachers Retirement System now owns 6,729,051 shares of the real estate investment trust’s stock worth $110,222,000 after purchasing an additional 6,306,591 shares in the last quarter. Advisors Capital Management LLC purchased a new stake in Starwood Property Trust during the 2nd quarter worth about $70,121,000. Finally, Norges Bank acquired a new position in Starwood Property Trust in the 4th quarter valued at about $75,177,000. Hedge funds and other institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Company Profile

Starwood Property Trust (NYSE: STWD) is a publicly traded real estate investment trust that specializes in originating, acquiring and managing commercial mortgage loans and other real estate-related investments. The company’s portfolio spans a variety of asset classes, including senior mortgages, mezzanine debt, preferred equity and direct equity investments in commercial properties. By focusing on both debt and equity capital solutions, Starwood Property Trust seeks to generate attractive risk-adjusted returns for its shareholders through a combination of current income and capital appreciation.

Operating primarily in the United States, Starwood Property Trust deploys capital across a broad range of property types, such as multifamily residential, office, retail, hotel and industrial.