Analysts Set Starwood Property Trust, Inc. (NYSE:STWD) Price Target at $22.21

Shares of Starwood Property Trust, Inc. (NYSE:STWD) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $22.21.

Several analysts recently commented on the company. Keefe, Bruyette & Woods reduced their target price on Starwood Property Trust from $22.50 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. JPMorgan Chase & Co. dropped their price target on shares of Starwood Property Trust from $20.00 to $19.50 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st.

Institutional Investors Weigh In On Starwood Property Trust

A number of hedge funds have recently added to or reduced their stakes in STWD. Vanguard Group Inc. grew its holdings in shares of Starwood Property Trust by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 30,943,260 shares of the real estate investment trust’s stock valued at $586,375,000 after buying an additional 377,939 shares during the last quarter. Geode Capital Management LLC lifted its position in Starwood Property Trust by 8.1% in the 3rd quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust’s stock valued at $108,960,000 after acquiring an additional 399,672 shares in the last quarter. Northern Trust Corp boosted its stake in Starwood Property Trust by 16.2% during the 4th quarter. Northern Trust Corp now owns 5,287,030 shares of the real estate investment trust’s stock valued at $100,189,000 after purchasing an additional 736,699 shares during the last quarter. Norges Bank bought a new stake in Starwood Property Trust during the 4th quarter worth approximately $63,044,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Starwood Property Trust by 0.4% in the fourth quarter. Bank of New York Mellon Corp now owns 2,669,827 shares of the real estate investment trust’s stock worth $50,593,000 after purchasing an additional 10,979 shares during the last quarter. Institutional investors and hedge funds own 49.82% of the company’s stock.

Starwood Property Trust Stock Down 5.2 %

Shares of STWD opened at $18.20 on Friday. The company has a market capitalization of $6.15 billion, a PE ratio of 15.56 and a beta of 1.68. The stock’s 50-day moving average price is $19.80 and its two-hundred day moving average price is $19.78. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 2.61. Starwood Property Trust has a 12 month low of $18.08 and a 12 month high of $21.17.

Starwood Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 10.55%. The ex-dividend date is Monday, March 31st. Starwood Property Trust’s payout ratio is 174.55%.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.