Starwood Property Trust, Inc. (STWD) Receives $24.00 Consensus Price Target from Analysts

Starwood Property Trust, Inc. (NYSE:STWD) has been assigned a consensus rating of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $24.00.

Separately, Zacks Investment Research cut Starwood Property Trust from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th.

A number of hedge funds have recently made changes to their positions in the stock. PRW Wealth Management LLC acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $28,000. Semmax Financial Advisors Inc. acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $34,000. Capital Investment Advisory Services LLC acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $36,000. Bremer Trust National Association acquired a new position in Starwood Property Trust in the fourth quarter valued at approximately $59,000. Finally, Synovus Financial Corp lifted its stake in Starwood Property Trust by 811.1% in the fourth quarter. Synovus Financial Corp now owns 3,189 shares of the real estate investment trust’s stock valued at $63,000 after buying an additional 2,839 shares during the period. Institutional investors and hedge funds own 64.51% of the company’s stock.

STWD stock traded up $0.07 during trading on Friday, hitting $22.00. The company had a trading volume of 1,741,170 shares, compared to its average volume of 1,917,787. Starwood Property Trust has a one year low of $19.16 and a one year high of $23.04. The stock has a market capitalization of $6.04 billion, a PE ratio of 10.19, a PEG ratio of 2.05 and a beta of 0.54. The company has a debt-to-equity ratio of 2.19, a current ratio of 2.06 and a quick ratio of 2.06.

Starwood Property Trust Company Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Property, and Real Estate Investing and Servicing. The Real Estate Lending segment originates, acquires, finances, and manages commercial first mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities, residential mortgage loans, and other real estate and real estate-related debt investments.

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