Starwood Property Trust (NYSE:STWD) Hits New 12-Month Low – Time to Sell?

Starwood Property Trust, Inc. (NYSE:STWDGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as $15.65 and last traded at $15.5750, with a volume of 1543359 shares trading hands. The stock had previously closed at $16.21.

Analyst Ratings Changes

A number of analysts recently issued reports 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. Keefe, Bruyette & Woods decreased their price target on Starwood Property Trust from $20.00 to $19.50 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lowered their target price on shares of Starwood Property Trust from $20.00 to $19.00 and set an “overweight” rating on the stock in a research note on Thursday, April 16th. Wall Street Zen raised Starwood Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, UBS Group started coverage on Starwood Property Trust in a research report on Tuesday, June 2nd. They set a “buy” rating and a $20.00 target price for the company. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.70.

Get Our Latest Research Report on Starwood Property Trust

Starwood Property Trust Price Performance

The firm’s 50-day moving average is $16.68 and its 200-day moving average is $17.41. The company has a market capitalization of $5.80 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 2.19 and a beta of 0.98. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.31.

Starwood Property Trust (NYSE:STWDGet Free Report) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.40 EPS for the quarter, meeting analysts’ consensus estimates of $0.40. Starwood Property Trust had a return on equity of 7.91% and a net margin of 18.11%.The business had revenue of $201.42 million for the quarter, compared to analysts’ expectations of $521.67 million. During the same quarter in the prior year, the firm earned $0.43 earnings per share. The firm’s revenue was up 15.6% on a year-over-year basis. Equities analysts predict that Starwood Property Trust, Inc. will post 1.51 earnings per share for the current fiscal year.

Starwood Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 12.3%. Starwood Property Trust’s dividend payout ratio is 200.00%.

Hedge Funds Weigh In On Starwood Property Trust

A number of large investors have recently modified their holdings of STWD. CENTRAL TRUST Co lifted its holdings in shares of Starwood Property Trust by 154.4% in the 4th quarter. CENTRAL TRUST Co now owns 1,496 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 908 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Starwood Property Trust during the fourth quarter valued at approximately $28,000. Versant Capital Management Inc lifted its position in shares of Starwood Property Trust by 293.2% in the 2nd quarter. Versant Capital Management Inc now owns 1,954 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 1,457 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Starwood Property Trust during the 4th quarter valued at about $53,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Starwood Property Trust by 169.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,266 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 2,053 shares during the period. 49.82% of the stock is owned by hedge funds and other institutional investors.

Starwood Property Trust Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Starwood Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starwood Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.