Shares of Starwood Property Trust, Inc. (NYSE:STWD) have received a consensus rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $24.00.

Several equities research analysts have recently weighed in on the company. ValuEngine lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Finally, BidaskClub lowered Starwood Property Trust from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.

ILLEGAL ACTIVITY WARNING: This piece of content was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/10/25/starwood-property-trust-inc-stwd-given-consensus-recommendation-of-hold-by-brokerages-2.html.

Starwood Property Trust (NYSE STWD) traded up 0.208% on Wednesday, reaching $21.655. The company had a trading volume of 1,419,005 shares. Starwood Property Trust has a one year low of $21.11 and a one year high of $23.01. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 12.438 and a beta of 0.53. The company has a 50-day moving average of $21.85 and a 200 day moving average of $22.13.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. The company had revenue of $211.57 million for the quarter, compared to analyst estimates of $244.13 million. During the same period in the prior year, the company posted $0.50 EPS. On average, equities research analysts predict that Starwood Property Trust will post $2.10 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, September 28th. This represents a $1.92 dividend on an annualized basis and a yield of 8.88%. Starwood Property Trust’s dividend payout ratio (DPR) is presently 109.09%.

In related news, CFO Rina Paniry sold 6,867 shares of the 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 sale, the chief financial officer now directly owns 100,026 shares in the company, valued at approximately $2,196,570.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Andrew Jay Sossen sold 11,270 shares of the 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 in the company, valued at $2,375,180.52. The disclosure for this sale can be found here. 2.40% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STWD. Vanguard Group Inc. grew its position in Starwood Property Trust by 8.4% during the 1st quarter. Vanguard Group Inc. now owns 21,023,747 shares of the real estate investment trust’s stock worth $474,716,000 after acquiring an additional 1,635,444 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Starwood Property Trust during the 1st quarter worth approximately $11,294,000. Bank of Montreal Can grew its position in Starwood Property Trust by 1,026.9% during the 2nd quarter. Bank of Montreal Can now owns 510,500 shares of the real estate investment trust’s stock worth $11,430,000 after acquiring an additional 465,198 shares during the last quarter. Acadian Asset Management LLC grew its position in Starwood Property Trust by 920.0% during the 2nd quarter. Acadian Asset Management LLC now owns 424,706 shares of the real estate investment trust’s stock worth $9,507,000 after acquiring an additional 383,068 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in Starwood Property Trust during the 2nd quarter worth approximately $8,055,000. Institutional investors and hedge funds own 68.68% of the company’s stock.

About Starwood Property Trust

Receive News & Ratings for Starwood Property Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.