Starwood Property Trust, Inc. (NYSE:STWD) Downgraded to “Sell” at BidaskClub

Starwood Property Trust, Inc. (NYSE:STWD) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Tuesday, August 8th.

Separately, Zacks Investment Research upgraded Starwood Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, April 15th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $24.33.

Starwood Property Trust (NYSE:STWD) remained flat at $22.08 on Tuesday. The company’s stock had a trading volume of 908,485 shares. Starwood Property Trust has a 12-month low of $21.11 and a 12-month high of $23.46. The stock has a 50-day moving average of $22.07 and a 200-day moving average of $22.38. The company has a market cap of $5.73 billion, a price-to-earnings ratio of 12.68 and a beta of 0.54.

Starwood Property Trust (NYSE:STWD) last issued its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. Starwood Property Trust had a return on equity of 11.39% and a net margin of 55.89%. The firm had revenue of $211.57 million during the quarter, compared to the consensus estimate of $244.13 million. During the same quarter in the previous year, the company posted $0.50 EPS. Equities research analysts predict that Starwood Property Trust will post $2.10 EPS for the current year.

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Large investors have recently made changes to their positions in the company. Advisory Services Network LLC boosted its position in Starwood Property Trust by 18.6% in the second quarter. Advisory Services Network LLC now owns 16,756 shares of the real estate investment trust’s stock worth $375,000 after buying an additional 2,624 shares during the last quarter. Wasatch Advisors Inc. boosted its position in Starwood Property Trust by 11.6% in the second quarter. Wasatch Advisors Inc. now owns 40,300 shares of the real estate investment trust’s stock worth $902,000 after buying an additional 4,200 shares during the last quarter. Intellectus Partners LLC boosted its position in Starwood Property Trust by 0.3% in the second quarter. Intellectus Partners LLC now owns 21,393 shares of the real estate investment trust’s stock worth $489,000 after buying an additional 65 shares during the last quarter. Scotia Capital Inc. boosted its position in Starwood Property Trust by 3.4% in the second quarter. Scotia Capital Inc. now owns 34,896 shares of the real estate investment trust’s stock worth $781,000 after buying an additional 1,140 shares during the last quarter. Finally, Americafirst Capital Management LLC acquired a new position in Starwood Property Trust during the second quarter worth about $456,000. 74.15% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Company Profile

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