STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) from a sell rating to a hold rating in a research report released on Friday, October 20th.

Several other analysts have also issued reports on STWD. Zacks Investment Research lowered shares of STARWOOD PROPERTY TRUST, INC. from a hold rating to a sell rating in a research note on Wednesday, August 2nd. ValuEngine lowered shares of STARWOOD PROPERTY TRUST, INC. from a buy rating to a hold rating in a research report on Tuesday, September 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $24.00.



Shares of STARWOOD PROPERTY TRUST, INC. (STWD) opened at 21.60 on Friday. STARWOOD PROPERTY TRUST, INC. has a 52 week low of $21.11 and a 52 week high of $23.01. The stock’s 50 day moving average price is $21.81 and its 200 day moving average price is $22.11. The firm has a market capitalization of $5.60 billion, a P/E ratio of 12.41 and a beta of 0.53.

STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported $0.52 earnings per share for the quarter, topping 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 firm had revenue of $211.57 million for the quarter, compared to the consensus estimate of $244.13 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. On average, analysts predict that STARWOOD PROPERTY TRUST, INC. will post $2.09 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 8.89%. The ex-dividend date of this dividend was Thursday, September 28th. STARWOOD PROPERTY TRUST, INC.’s dividend payout ratio is currently 109.09%.

In related news, COO Andrew Jay Sossen sold 11,270 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.94, for a total value of $247,263.80. Following the sale, the chief operating officer now directly owns 108,258 shares of the company’s stock, valued at $2,375,180.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Rina Paniry sold 6,867 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $21.96, for a total transaction of $150,799.32. Following the completion of the sale, the chief financial officer now directly owns 100,026 shares in the company, valued at $2,196,570.96. The disclosure for this sale can be found here. Company insiders own 2.40% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Intellectus Partners LLC grew its holdings in shares of STARWOOD PROPERTY TRUST, INC. 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 purchasing an additional 65 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its holdings in STARWOOD PROPERTY TRUST, INC. by 1.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,375 shares of the real estate investment trust’s stock valued at $120,000 after acquiring an additional 87 shares in the last quarter. CWA Asset Management Group LLC lifted its position in STARWOOD PROPERTY TRUST, INC. by 2.5% during the second quarter. CWA Asset Management Group LLC now owns 10,250 shares of the real estate investment trust’s stock valued at $229,000 after buying an additional 250 shares during the period. S. R. Schill & Associates lifted its position in STARWOOD PROPERTY TRUST, INC. by 0.6% during the second quarter. S. R. Schill & Associates now owns 52,265 shares of the real estate investment trust’s stock valued at $1,170,000 after buying an additional 286 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in STARWOOD PROPERTY TRUST, INC. by 5.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,039 shares of the real estate investment trust’s stock valued at $180,000 after buying an additional 438 shares during the period. Hedge funds and other institutional investors own 68.68% of the company’s stock.

About STARWOOD PROPERTY TRUST, INC.

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