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

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have been assigned a consensus rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $22.21.

STWD has been the topic of several recent research reports. Keefe, Bruyette & Woods reduced their target price on shares of Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their target price 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.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of STWD. California State Teachers Retirement System increased its holdings in Starwood Property Trust by 3.3% during the 4th quarter. California State Teachers Retirement System now owns 296,903 shares of the real estate investment trust’s stock worth $5,626,000 after purchasing an additional 9,623 shares during the last quarter. Centaurus Financial Inc. grew its holdings in Starwood Property Trust by 28.3% during the 4th quarter. Centaurus Financial Inc. now owns 81,843 shares of the real estate investment trust’s stock worth $1,551,000 after acquiring an additional 18,041 shares in the last quarter. Palogic Value Management L.P. increased its position in shares of Starwood Property Trust by 20.2% in the 4th quarter. Palogic Value Management L.P. now owns 42,637 shares of the real estate investment trust’s stock worth $808,000 after purchasing an additional 7,165 shares during the last quarter. United Advisor Group LLC lifted its position in shares of Starwood Property Trust by 13.4% during the fourth quarter. United Advisor Group LLC now owns 143,984 shares of the real estate investment trust’s stock worth $2,728,000 after purchasing an additional 16,960 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in shares of Starwood Property Trust by 14.5% in the 4th quarter. Sunbelt Securities Inc. now owns 66,848 shares of the real estate investment trust’s stock worth $1,283,000 after acquiring an additional 8,478 shares in the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Trading Down 0.9 %

Shares of STWD stock opened at $19.83 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a fifty-two week low of $18.12 and a fifty-two week high of $21.17. The firm’s 50 day moving average price is $19.78 and its two-hundred day moving average price is $19.80. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 16.94 and a beta of 1.68.

Starwood Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 9.68%. Starwood Property Trust’s dividend payout ratio is presently 174.55%.

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.