JPMorgan Chase & Co. Has Lowered Expectations for Starwood Property Trust (NYSE:STWD) Stock Price

Starwood Property Trust (NYSE:STWD - Get Free Report) had its price objective dropped by analysts at JPMorgan Chase & Co. from $20.00 to $19.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an "overweight" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 4.97% from the company's previous close.

Separately, Keefe, Bruyette & Woods decreased their price objective on Starwood Property Trust from $22.00 to $21.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Starwood Property Trust currently has an average rating of "Moderate Buy" and a consensus target price of $21.86.

Starwood Property Trust Trading Down 2.5 %

STWD stock traded down $0.46 during midday trading on Wednesday, hitting $18.10. 919,971 shares of the company's stock were exchanged, compared to its average volume of 2,447,477. Starwood Property Trust has a one year low of $16.59 and a one year high of $21.17. The stock's fifty day moving average price is $19.47 and its 200-day moving average price is $19.57. The company has a market cap of $6.11 billion, a PE ratio of 15.47 and a beta of 1.34. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79.

Institutional Investors Weigh In On Starwood Property Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STWD. FMR LLC grew its stake in Starwood Property Trust by 6.4% in the third quarter. FMR LLC now owns 41,781 shares of the real estate investment trust's stock valued at $851,000 after purchasing an additional 2,503 shares in the last quarter. MML Investors Services LLC lifted its stake in Starwood Property Trust by 4.0% in the third quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust's stock valued at $407,000 after acquiring an additional 767 shares during the last quarter. Geode Capital Management LLC grew its holdings in Starwood Property Trust by 8.1% during the third quarter. Geode Capital Management LLC now owns 5,345,000 shares of the real estate investment trust's stock worth $108,960,000 after purchasing an additional 399,672 shares during the period. Virtu Financial LLC bought a new position in shares of Starwood Property Trust during the 3rd quarter worth approximately $325,000. Finally, Sanctuary Advisors LLC raised its position in shares of Starwood Property Trust by 0.8% in the third quarter. Sanctuary Advisors LLC now owns 144,152 shares of the real estate investment trust's stock valued at $2,871,000 after purchasing an additional 1,173 shares during the period. 49.82% of the stock is currently owned by institutional investors and hedge funds.

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.