Starwood Property Trust, Inc. (NYSE:STWD) Receives $22.13 Average Target Price from Brokerages

Starwood Property Trust, Inc. (NYSE:STWD) has earned an average rating of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $22.13.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position 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. raised its position 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 acquiring an additional 1,000 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Starwood Property Trust in the 4th quarter worth approximately $271,000. CreativeOne Wealth LLC bought a new position in shares of Starwood Property Trust in the 4th quarter worth approximately $2,130,000. Finally, WealthTrust Axiom LLC raised its position 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 acquiring an additional 20,850 shares in the last quarter. Institutional investors own 49.82% of the company’s stock.

Starwood Property Trust Price Performance

STWD opened at $19.66 on Friday. The stock has a 50-day moving average price of $19.39 and a 200-day moving average price of $19.78. Starwood Property Trust has a 12-month low of $18.12 and a 12-month high of $21.17. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market capitalization of $6.63 billion, a P/E ratio of 16.80 and a beta of 1.69.

Starwood Property Trust Company Profile

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.