Starwood Property Trust (NYSE:STWD) Reaches New 1-Year Low – Should You Sell?

Shares of Starwood Property Trust, Inc. (NYSE:STWD) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $16.43 and last traded at $16.4380, with a volume of 44729 shares. The stock had previously closed at $16.96.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on STWD. Keefe, Bruyette & Woods cut their price objective on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating for the company in a report on Wednesday, May 13th. UBS Group began coverage on Starwood Property Trust in a report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 price objective on the stock. Zacks Research upgraded Starwood Property Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Weiss Ratings lowered Starwood Property Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Starwood Property Trust has a consensus rating of “Moderate Buy” and a consensus price target of $19.70.

Starwood Property Trust Trading Down 2.6%

The company has a debt-to-equity ratio of 3.31, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $6.13 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 2.22 and a beta of 0.99. The stock has a 50-day moving average price of $17.33 and a two-hundred day moving average price of $17.77.

Starwood Property Trust (NYSE:STWD) last announced its earnings results on Friday, May 8th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $205.55 million for the quarter, compared to the consensus estimate of $496.25 million. Starwood Property Trust had a net margin of 18.11% and a return on equity of 7.91%. Starwood Property Trust’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.45 EPS. On average, research analysts forecast that Starwood Property Trust, Inc. will post 1.55 EPS for the current fiscal year.

Starwood Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.48 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.92 annualized dividend and a yield of 11.6%. Starwood Property Trust’s dividend payout ratio is 200.00%.

Insider Activity at Starwood Property Trust

In other news, Director Jeffrey G. Dishner sold 7,013 shares of Starwood Property Trust stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $17.13, for a total transaction of $120,132.69. Following the sale, the director owned 168,152 shares of the company’s stock, valued at approximately $2,880,443.76. The trade was a 4.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.80% of the company’s stock.

Hedge Funds Weigh In On Starwood Property Trust

A number of institutional investors have recently bought and sold shares of STWD. Peak Financial Advisors LLC grew its position in shares of Starwood Property Trust by 2.2% in the 1st quarter. Peak Financial Advisors LLC now owns 25,664 shares of the real estate investment trust’s stock worth $442,000 after buying an additional 559 shares during the period. Brown Advisory Inc. lifted its position in Starwood Property Trust by 1.3% during the 4th quarter. Brown Advisory Inc. now owns 47,432 shares of the real estate investment trust’s stock valued at $854,000 after acquiring an additional 600 shares during the period. CIBC Private Wealth Group LLC lifted its position in Starwood Property Trust by 11.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,943 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 613 shares during the period. Quadrant Capital Group LLC increased its stake in shares of Starwood Property Trust by 2.3% during the third quarter. Quadrant Capital Group LLC now owns 27,220 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 621 shares in the last quarter. Finally, Mutual Advisors LLC lifted its holdings in shares of Starwood Property Trust by 1.8% during the fourth quarter. Mutual Advisors LLC now owns 36,608 shares of the real estate investment trust’s stock valued at $659,000 after purchasing an additional 631 shares during the last quarter. 49.82% of the stock is owned by institutional investors.

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.