Starwood Property Trust, Inc. (NYSE:STWD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Starwood Property Trust, Inc. (NYSE:STWD) has received an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $22.13.

A number of research analysts recently weighed in on the company. JMP Securities reduced their price objective on Starwood Property Trust from $24.00 to $23.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. Keefe, Bruyette & Woods reduced their price objective on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Finally, UBS Group raised their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the company a “neutral” rating in a research report on Friday, November 15th.

Starwood Property Trust Stock Up 1.2 %

Shares of NYSE:STWD opened at $19.66 on Friday. Starwood Property Trust has a 52-week low of $18.12 and a 52-week high of $21.17. The firm has a market capitalization of $6.63 billion, a P/E ratio of 16.80 and a beta of 1.69. The stock has a 50 day moving average price of $19.39 and a 200-day moving average price of $19.78. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

Institutional Trading of Starwood Property Trust

Several institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its stake in Starwood Property Trust by 25.7% during the 4th quarter. NewEdge Advisors LLC now owns 15,822 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 3,236 shares during the last quarter. M Holdings Securities Inc. boosted its stake in shares of Starwood Property Trust by 10.0% in the 4th quarter. M Holdings Securities Inc. now owns 11,046 shares of the real estate investment trust’s stock worth $209,000 after buying an additional 1,000 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Starwood Property Trust in the 4th quarter worth $271,000. CreativeOne Wealth LLC purchased a new position in shares of Starwood Property Trust in the 4th quarter worth $2,130,000. Finally, WealthTrust Axiom LLC boosted its stake in shares of Starwood Property Trust by 210.1% in the 4th quarter. WealthTrust Axiom LLC now owns 30,775 shares of the real estate investment trust’s stock worth $583,000 after buying an additional 20,850 shares during the last quarter. 49.82% of the stock is currently owned by hedge funds and other institutional investors.

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.