Starwood Property Trust (NYSE:STWD) Stock Price Target Lowered at UBS Group

Starwood Property Trust (NYSE:STWD) had its price target decreased by investment analysts at UBS Group from $20.00 to $16.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. UBS Group‘s price objective would indicate a potential upside of 39.80% from the company’s current price.

A number of other research analysts also recently commented on the stock. Wells Fargo & Company set a $20.00 price objective on shares of Starwood Property Trust in a research report on Monday, August 17th. Zacks Research upgraded shares of Starwood Property Trust from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 20th. Weiss Ratings cut shares of Starwood Property Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday. Keefe, Bruyette & Woods cut their target price on shares of Starwood Property Trust from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Wednesday, November 4th. Finally, JPMorgan Chase & Co. cut their target price on shares of Starwood Property Trust from $16.00 to $15.50 and set an “overweight” rating for the company in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Starwood Property Trust presently has an average rating of “Moderate Buy” and a consensus price target of $17.10.

Starwood Property Trust Stock Down 2.9%

STWD stock traded down $0.34 during mid-day trading on Thursday, reaching $11.45. The company had a trading volume of 1,274,874 shares, compared to its average volume of 4,092,599. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of -16.79, a PEG ratio of 1.65 and a beta of 1.03. Starwood Property Trust has a 52 week low of $11.41 and a 52 week high of $18.66. The stock has a 50 day simple moving average of $13.54 and a two-hundred day simple moving average of $16.31. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.48 and a quick ratio of 1.46.

Starwood Property Trust (NYSE:STWD) last announced its quarterly earnings data on Friday, November 6th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.04. The company had revenue of $545.85 million for the quarter, compared to analysts’ expectations of $531.80 million. Starwood Property Trust had a positive return on equity of 7.77% and a negative net margin of 11.35%. The business’s revenue was down 22.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 EPS. As a group, equities analysts predict that Starwood Property Trust will post 1.33 earnings per share for the current fiscal year.

Institutional Trading of Starwood Property Trust

Hedge funds have recently modified their holdings of the stock. NFC Investments LLC grew its stake in Starwood Property Trust by 48.8% in the 3rd quarter. NFC Investments LLC now owns 1,228,987 shares of the real estate investment trust’s stock valued at $16,591,000 after buying an additional 402,891 shares during the last quarter. Private Advisor Group LLC lifted its position in Starwood Property Trust by 232.0% during the third quarter. Private Advisor Group LLC now owns 57,745 shares of the real estate investment trust’s stock worth $780,000 after acquiring an additional 40,353 shares during the last quarter. Voya Investment Management LLC lifted its position in Starwood Property Trust by 3.4% during the third quarter. Voya Investment Management LLC now owns 98,658 shares of the real estate investment trust’s stock worth $1,332,000 after acquiring an additional 3,282 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Starwood Property Trust during the third quarter worth approximately $290,000. Finally, HighTower Advisors LLC boosted its holdings in shares of Starwood Property Trust by 9.1% during the third quarter. HighTower Advisors LLC now owns 3,323,264 shares of the real estate investment trust’s stock worth $44,864,000 after acquiring an additional 276,722 shares during the period. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc. is a real estate investment trust focused on commercial real estate finance and related investments. The company originates, acquires and manages commercial mortgage loans and other debt investments secured by commercial properties, and also invests in commercial real estate and infrastructure-related lending. Founded in 2009, Starwood Property Trust operates primarily in the United States and also conducts business in international markets, including Europe and Australia.