Starwood Property Trust (NYSE:STWD): B.Riley FBR Reconfirms Buy Rating Today, Has a Target of $24.0/Share

February 15, 2018 - By Marie Mckinney

 Starwood Property Trust (NYSE:STWD): B.Riley FBR Reconfirms Buy Rating Today, Has a Target of $24.0/Share

Investors sentiment is 1.09 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 47 investors sold Starwood Property Trust, Inc. shares while 82 reduced holdings. only 41 funds opened positions while 100 raised stakes. 216.73 million shares or 2.27% more from 211.91 million shares in 2017Q2 were reported.

Penn Mutual Life Ins Co reported 90,000 shares stake. 1832 Asset Management L P invested 0.12% in Starwood Property Trust, Inc. (NYSE:STWD). Mutual Of America Mgmt reported 243,230 shares. State Of Wisconsin Investment Board invested in 0% or 51,923 shares. Hm Payson reported 0.01% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Nomura Inc invested 0.03% in Starwood Property Trust, Inc. (NYSE:STWD). Greenwich Investment Mgmt invested in 209,420 shares. Northside Management Ltd Liability Company holds 0.13% in Starwood Property Trust, Inc. (NYSE:STWD) or 14,170 shares. Cipher Capital Lp owns 185,828 shares. Moreover, Fny Managed Accounts Ltd has 0.11% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 4,000 shares. Oregon-based Baker Ellis Asset Mngmt Ltd has invested 0.28% in Starwood Property Trust, Inc. (NYSE:STWD). Fifth Third Natl Bank invested in 433,966 shares. Hsbc Public Ltd Company stated it has 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). 14,356 were reported by Shelton Mgmt. Private Advisor Grp Inc Ltd Liability Corporation owns 9,906 shares.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $398,066 activity. The insider Paniry Rina sold $150,799.

Starwood Property Trust (NYSE:STWD) Rating Reaffirmed

In a research report sent to investors and clients on 9 November, The Buy rating of Starwood Property Trust (NYSE:STWD) shares was kept at B.Riley FBR, who now has a $24.0 target on the stock. B.Riley FBR’s target would suggest a possible upside of 20.18 % from the previous close of the company.

Investors sentiment is 1.09 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 47 investors sold Starwood Property Trust, Inc. shares while 82 reduced holdings. only 41 funds opened positions while 100 raised stakes. 216.73 million shares or 2.27% more from 211.91 million shares in 2017Q2 were reported.

Penn Mutual Life Ins Co reported 90,000 shares stake. 1832 Asset Management L P invested 0.12% in Starwood Property Trust, Inc. (NYSE:STWD). Mutual Of America Mgmt reported 243,230 shares. State Of Wisconsin Investment Board invested in 0% or 51,923 shares. Hm Payson reported 0.01% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). Nomura Inc invested 0.03% in Starwood Property Trust, Inc. (NYSE:STWD). Greenwich Investment Mgmt invested in 209,420 shares. Northside Management Ltd Liability Company holds 0.13% in Starwood Property Trust, Inc. (NYSE:STWD) or 14,170 shares. Cipher Capital Lp owns 185,828 shares. Moreover, Fny Managed Accounts Ltd has 0.11% invested in Starwood Property Trust, Inc. (NYSE:STWD) for 4,000 shares. Oregon-based Baker Ellis Asset Mngmt Ltd has invested 0.28% in Starwood Property Trust, Inc. (NYSE:STWD). Fifth Third Natl Bank invested in 433,966 shares. Hsbc Public Ltd Company stated it has 0% of its portfolio in Starwood Property Trust, Inc. (NYSE:STWD). 14,356 were reported by Shelton Mgmt. Private Advisor Grp Inc Ltd Liability Corporation owns 9,906 shares.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $398,066 activity. The insider Paniry Rina sold $150,799.

Starwood Property Trust, Inc. (NYSE:STWD) Ratings Coverage

Among 10 analysts covering Starwood Property Trust Inc. (NYSE:STWD), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Starwood Property Trust Inc. has $28.0 highest and $22 lowest target. $24.31’s average target is 21.76% above currents $19.965 stock price. Starwood Property Trust Inc. had 25 analyst reports since August 5, 2015 according to SRatingsIntel. Goldman Sachs downgraded Starwood Property Trust, Inc. (NYSE:STWD) on Wednesday, January 13 to “Neutral” rating. The stock of Starwood Property Trust, Inc. (NYSE:STWD) earned “Buy” rating by FBR Capital on Thursday, January 4. The stock has “Buy” rating by Compass Point on Thursday, December 3. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 7. The stock of Starwood Property Trust, Inc. (NYSE:STWD) earned “Neutral” rating by Bank of America on Thursday, December 15. FBR Capital maintained Starwood Property Trust, Inc. (NYSE:STWD) on Monday, November 27 with “Buy” rating. The stock has “Buy” rating by FBR Capital on Thursday, November 9. Keefe Bruyette & Woods maintained Starwood Property Trust, Inc. (NYSE:STWD) rating on Monday, May 29. Keefe Bruyette & Woods has “Buy” rating and $2400 target. The stock of Starwood Property Trust, Inc. (NYSE:STWD) earned “Buy” rating by FBR Capital on Thursday, January 25. The firm has “Market Perform” rating given on Wednesday, August 5 by Wells Fargo.

The stock increased 0.13% or $0.025 during the last trading session, reaching $19.965. About 742,593 shares traded. Starwood Property Trust, Inc. (NYSE:STWD) has risen 8.65% since February 15, 2017 and is uptrending. It has underperformed by 8.05% the S&P500.

Analysts await Starwood Property Trust, Inc. (NYSE:STWD) to report earnings on February, 22. They expect $0.49 earnings per share, up 6.52 % or $0.03 from last year’s $0.46 per share. STWD’s profit will be $127.50M for 10.19 P/E if the $0.49 EPS becomes a reality. After $0.64 actual earnings per share reported by Starwood Property Trust, Inc. for the previous quarter, Wall Street now forecasts -23.44 % negative EPS growth.

Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate investments in the United States and Europe. The company has market cap of $5.20 billion. It operates through three divisions: Real Estate Lending, Real Estate Investing and Servicing, and Real Estate Property. It has a 12.01 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders.

More notable recent Starwood Property Trust, Inc. (NYSE:STWD) news were published by: Seekingalpha.com which released: “Starwood Property Trust: Strong Buy For This 9.1%-Yielding Top-Shelf REIT” on January 12, 2018, also Seekingalpha.com with their article: “Don’t Miss This Safe 9.1% Yielding Mortgage REIT” published on January 16, 2018, Seekingalpha.com published: “Starwood Property Trust: Smart Income Investors Buy The Drop” on February 12, 2018. More interesting news about Starwood Property Trust, Inc. (NYSE:STWD) were released by: Seekingalpha.com and their article: “Starwood Property Trust: 8.9% Covered Yield, Potential For 2018 Dividend Hike …” published on December 21, 2017 as well as Seekingalpha.com‘s news article titled: “3 Reasons Why Buying 8.7% Yielding Starwood Property Trust Is A No-Brainer” with publication date: September 24, 2017.

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