Starwood Property Trust, Inc. (STWD) Given Consensus Rating of “Buy” by Brokerages

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned an average recommendation of “Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $24.00.

A number of equities research analysts have weighed in on STWD shares. Compass Point upgraded Starwood Property Trust from a “neutral” rating to a “buy” rating in a research note on Wednesday, October 25th. Zacks Investment Research cut Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. BidaskClub cut Starwood Property Trust from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. Finally, ValuEngine cut Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th.

Shares of Starwood Property Trust (NYSE:STWD) opened at $21.58 on Friday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.68. Starwood Property Trust has a 52 week low of $21.27 and a 52 week high of $23.01. The firm has a market capitalization of $5,632.36, a P/E ratio of 10.28, a price-to-earnings-growth ratio of 2.04 and a beta of 0.52.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the Zacks’ 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 company had revenue of $226.77 million during the quarter, compared to analysts’ expectations of $236.76 million. During the same quarter in the previous year, the business earned $0.59 earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. equities research analysts expect that Starwood Property Trust will post 2.12 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 8.90%. The ex-dividend date is Thursday, December 28th. Starwood Property Trust’s dividend payout ratio (DPR) is presently 116.36%.

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

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Starwood Property Trust by 5.5% during 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 during the last quarter. Neuberger Berman Group LLC grew its holdings in Starwood Property Trust by 2.9% during 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 acquiring an additional 215,564 shares during the period. LSV Asset Management grew its holdings in Starwood Property Trust by 4.4% during 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 acquiring an additional 223,100 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in Starwood Property Trust by 1.3% during 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 acquiring an additional 28,685 shares during the period. Finally, Dana Investment Advisors Inc. grew its holdings in Starwood Property Trust by 2.6% during 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 acquiring an additional 32,089 shares during the period. Institutional investors and hedge funds own 68.04% of the company’s stock.

About Starwood Property Trust

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