Starwood Property Trust, Inc. (NYSE:STWD) Short Interest Update

Starwood Property Trust, Inc. (NYSE:STWD - Get Free Report) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 9,760,000 shares, a decline of 22.1% from the October 31st total of 12,530,000 shares. Based on an average daily trading volume, of 2,670,000 shares, the short-interest ratio is currently 3.7 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. grew its holdings in Starwood Property Trust by 0.9% during the second quarter. Sunbelt Securities Inc. now owns 57,077 shares of the real estate investment trust's stock worth $1,081,000 after acquiring an additional 517 shares during the period. Fortem Financial Group LLC grew its holdings in Starwood Property Trust by 2.0% during the second quarter. Fortem Financial Group LLC now owns 26,278 shares of the real estate investment trust's stock worth $498,000 after acquiring an additional 519 shares during the period. Fifth Third Bancorp grew its holdings in Starwood Property Trust by 26.0% during the second quarter. Fifth Third Bancorp now owns 2,572 shares of the real estate investment trust's stock worth $49,000 after acquiring an additional 531 shares during the period. Whittier Trust Co. boosted its position in Starwood Property Trust by 0.4% during the second quarter. Whittier Trust Co. now owns 160,815 shares of the real estate investment trust's stock worth $3,044,000 after purchasing an additional 720 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its position in Starwood Property Trust by 3.4% during the second quarter. Raymond James Trust N.A. now owns 22,466 shares of the real estate investment trust's stock worth $426,000 after purchasing an additional 747 shares in the last quarter. 49.82% of the stock is owned by institutional investors and hedge funds.

Starwood Property Trust Stock Up 0.3 %

Shares of NYSE STWD traded up $0.07 during mid-day trading on Friday, reaching $20.37. 915,212 shares of the company were exchanged, compared to its average volume of 2,295,220. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.61. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 17.35 and a beta of 1.70. Starwood Property Trust has a 1 year low of $18.43 and a 1 year high of $22.29. The firm has a 50-day moving average of $19.97 and a 200 day moving average of $19.80.

Starwood Property Trust (NYSE:STWD - Get Free Report) last announced its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Starwood Property Trust had a return on equity of 9.93% and a net margin of 18.82%. The company had revenue of $479.50 million for the quarter, compared to analyst estimates of $488.63 million. During the same period in the prior year, the company posted $0.46 EPS. The firm's quarterly revenue was down 8.1% compared to the same quarter last year. On average, research analysts expect that Starwood Property Trust will post 1.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STWD. JPMorgan Chase & Co. lowered their price objective on Starwood Property Trust from $20.50 to $20.00 and set an "overweight" rating on the stock in a research report on Thursday, November 7th. Keefe, Bruyette & Woods raised Starwood Property Trust from a "market perform" rating to an "outperform" rating and boosted their price target for the stock from $20.50 to $22.50 in a report on Thursday, September 5th. UBS Group lifted their price objective on Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. JMP Securities reduced their price objective on Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating on the stock in a research note on Thursday, November 7th. Finally, Wells Fargo & Company boosted their target price on Starwood Property Trust from $22.00 to $24.00 and gave the company an "outperform" rating in a research report on Friday, September 20th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Starwood Property Trust currently has a consensus rating of "Moderate Buy" and an average target price of $22.25.

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.