Starwood Property Trust (NYSE:STWD) Rating Lowered to “Sell” at Wall Street Zen

Starwood Property Trust (NYSE:STWD) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

A number of other equities analysts have also commented on the company. Zacks Research raised Starwood Property Trust from a “strong sell” rating to a “hold” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. dropped their price objective on Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Bank of America reissued a “neutral” rating and set a $19.00 price objective on shares of Starwood Property Trust in a report on Friday, March 6th. Keefe, Bruyette & Woods cut their target price on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Finally, UBS Group began coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 target price for the company. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $19.70.

Starwood Property Trust Stock Up 0.0%

STWD opened at $16.48 on Friday. The company has a 50 day moving average of $17.19 and a 200 day moving average of $17.71. The company has a market cap of $6.11 billion, a PE ratio of 17.17, a price-to-earnings-growth ratio of 2.17 and a beta of 0.98. Starwood Property Trust has a 12 month low of $16.29 and a 12 month high of $21.05. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.31.

Starwood Property Trust (NYSE:STWD) last released its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. The business had revenue of $205.55 million during the quarter, compared to analysts’ expectations of $496.25 million. During the same quarter in the prior year, the firm posted $0.45 earnings per share. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. On average, sell-side analysts expect that Starwood Property Trust will post 1.55 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in Starwood Property Trust by 70.1% during the first quarter. AQR Capital Management LLC now owns 36,396 shares of the real estate investment trust’s stock valued at $720,000 after buying an additional 15,001 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Starwood Property Trust by 23.9% in the 1st quarter. NewEdge Advisors LLC now owns 19,606 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 3,784 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Starwood Property Trust by 99.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,450 shares of the real estate investment trust’s stock valued at $150,000 after acquiring an additional 3,721 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Starwood Property Trust by 42.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,535 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 1,657 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of Starwood Property Trust by 3.3% during the 2nd quarter. Baird Financial Group Inc. now owns 113,306 shares of the real estate investment trust’s stock valued at $2,274,000 after acquiring an additional 3,577 shares during the last quarter. 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.