BidaskClub Lowers STARWOOD PROPERTY TRUST, INC. (STWD) to Sell

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Monday, July 31st.

Separately, Zacks Investment Research upgraded shares of STARWOOD PROPERTY TRUST, INC. from a “sell” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Saturday, May 13th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. STARWOOD PROPERTY TRUST, INC. currently has an average rating of “Hold” and an average target price of $24.33.

Shares of STARWOOD PROPERTY TRUST, INC. (STWD) opened at 22.08 on Monday. STARWOOD PROPERTY TRUST, INC. has a 52 week low of $21.11 and a 52 week high of $23.46. The firm has a market capitalization of $5.73 billion, a price-to-earnings ratio of 12.68 and a beta of 0.54. The stock has a 50 day moving average price of $22.07 and a 200-day moving average price of $22.38.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last announced its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.01. STARWOOD PROPERTY TRUST, INC. had a net margin of 55.89% and a return on equity of 11.39%. The business had revenue of $211.57 million for the quarter, compared to analyst estimates of $244.13 million. During the same period in the prior year, the business posted $0.50 earnings per share. On average, analysts anticipate that STARWOOD PROPERTY TRUST, INC. will post $2.10 EPS for the current year.

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Several hedge funds have recently made changes to their positions in STWD. USA Financial Portformulas Corp bought a new stake in shares of STARWOOD PROPERTY TRUST, INC. during the fourth quarter valued at approximately $387,000. Teachers Advisors LLC increased its stake in shares of STARWOOD PROPERTY TRUST, INC. by 86.7% in the fourth quarter. Teachers Advisors LLC now owns 856,172 shares of the real estate investment trust’s stock valued at $18,793,000 after buying an additional 397,657 shares during the last quarter. Chevy Chase Trust Holdings Inc. increased its stake in shares of STARWOOD PROPERTY TRUST, INC. by 1.9% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 273,350 shares of the real estate investment trust’s stock valued at $6,172,000 after buying an additional 5,044 shares during the last quarter. CENTRAL TRUST Co increased its stake in shares of STARWOOD PROPERTY TRUST, INC. by 31.9% in the first quarter. CENTRAL TRUST Co now owns 9,693 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 2,345 shares during the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. acquired a new stake in shares of STARWOOD PROPERTY TRUST, INC. during the first quarter valued at $1,610,000. 74.15% of the stock is owned by institutional investors and hedge funds.

About STARWOOD PROPERTY TRUST, INC.

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