Colony Starwood Homes (SFR) was Downgraded by Keefe Bruyette to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Jul 19, 2016.
Many Wall Street Analysts have commented on Colony Starwood Homes. FBR Capital Initiated Colony Starwood Homes on Jul 13, 2016 to “Outperform”, Price Target of the shares are set at $36.Colony Starwood Homes was Downgraded by Wells Fargo to ” Market Perform” on May 10, 2016.
Colony Starwood Homes formerly Starwood Waypoint Residential Trust is a real estate investment trust (REIT) formed primarily to acquire renovate lease and manage residential assets in select markets throughout the United States. The Company’s objective is to generate risk-adjusted returns for its shareholders over the long-term through dividends and capital appreciation. The Company operates in two segments: SFRs (single-family residential) and NPLs (nonperforming loans). SFRs segment includes the business activities associated with its investments in single-family residential properties. SFRs segment provides a direct conduit to real estate. NPLs segment includes the business activities associated with its investments in NPLs. The Company’s markets include Miami Orlando and Tampa Florida; Atlanta Georgia; Chicago Illinois; Dallas and Houston Texas; Denver Colorado; Southern California; Northern California; and Phoenix Arizona.