JPMorgan Chase & Co. Has Lowered Expectations for Starwood Property Trust (NYSE:STWD) Stock Price

Starwood Property Trust (NYSE:STWD) had its price objective cut by stock analysts at JPMorgan Chase & Co. from $20.00 to $19.50 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 2.55% from the company’s current price.

STWD has been the topic of several other reports. Keefe, Bruyette & Woods dropped their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JMP Securities reduced their price objective on shares of Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. Finally, UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.13.

Starwood Property Trust Stock Performance

Shares of STWD stock opened at $19.02 on Tuesday. The company’s fifty day moving average price is $19.56 and its 200-day moving average price is $19.83. The stock has a market cap of $6.41 billion, a PE ratio of 16.25 and a beta of 1.69. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a 12 month low of $18.12 and a 12 month high of $21.19.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Starwood Property Trust had a net margin of 18.82% and a return on equity of 9.93%. The business had revenue of $479.50 million for the quarter, compared to analysts’ expectations of $488.63 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. The business’s revenue was down 8.1% compared to the same quarter last year. On average, equities analysts expect that Starwood Property Trust will post 1.88 EPS for the current fiscal year.

Institutional Investors Weigh In On Starwood Property Trust

A number of large investors have recently added to or reduced their stakes in STWD. Albion Financial Group UT bought a new stake in shares of Starwood Property Trust in the fourth quarter worth $28,000. Brooklyn Investment Group grew its stake in shares of Starwood Property Trust by 86.1% during the 4th quarter. Brooklyn Investment Group now owns 1,578 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 730 shares during the period. Future Financial Wealth Managment LLC purchased a new stake in shares of Starwood Property Trust during the 3rd quarter valued at about $34,000. UMB Bank n.a. lifted its stake in shares of Starwood Property Trust by 69.7% in the 4th quarter. UMB Bank n.a. now owns 1,746 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 717 shares during the period. Finally, Quarry LP purchased a new position in shares of Starwood Property Trust in the second quarter worth approximately $36,000. Institutional investors own 49.82% of the company’s stock.

About Starwood Property Trust

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.