Brown Advisory Inc. Has $35.66 Million Holdings in Ladder Capital Corp (NYSE:LADR)

Brown Advisory Inc. lessened its holdings in shares of Ladder Capital Corp (NYSE:LADR - Free Report) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,186,366 shares of the real estate investment trust's stock after selling 68,848 shares during the quarter. Brown Advisory Inc. owned about 2.50% of Ladder Capital worth $35,655,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in LADR. Barclays PLC grew its position in Ladder Capital by 28.3% during the 3rd quarter. Barclays PLC now owns 205,403 shares of the real estate investment trust's stock worth $2,382,000 after purchasing an additional 45,294 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Ladder Capital by 23.1% during the third quarter. Franklin Resources Inc. now owns 418,713 shares of the real estate investment trust's stock worth $4,698,000 after buying an additional 78,562 shares during the last quarter. Principal Financial Group Inc. increased its position in Ladder Capital by 5.0% in the 3rd quarter. Principal Financial Group Inc. now owns 2,020,143 shares of the real estate investment trust's stock valued at $23,434,000 after acquiring an additional 96,573 shares during the period. HB Wealth Management LLC lifted its holdings in shares of Ladder Capital by 13.4% during the fourth quarter. HB Wealth Management LLC now owns 17,011 shares of the real estate investment trust's stock worth $191,000 after purchasing an additional 2,011 shares during the period. Finally, SG Americas Securities LLC raised its position in Ladder Capital by 15.9% during the 4th quarter. SG Americas Securities LLC now owns 29,424 shares of the real estate investment trust's stock worth $329,000 after buying an additional 4,027 shares during the last quarter. Institutional investors and hedge funds own 62.25% of the company's stock.

Ladder Capital Stock Down 0.4 %

LADR stock traded down $0.04 during trading on Friday, reaching $10.40. The stock had a trading volume of 660,845 shares, compared to its average volume of 642,068. Ladder Capital Corp has a 1-year low of $9.68 and a 1-year high of $12.48. The company has a market capitalization of $1.32 billion, a P/E ratio of 12.09 and a beta of 1.01. The company has a current ratio of 38.96, a quick ratio of 38.96 and a debt-to-equity ratio of 2.05. The firm has a fifty day moving average price of $10.83 and a 200 day moving average price of $11.26.

Ladder Capital (NYSE:LADR - Get Free Report) last issued its earnings results on Thursday, April 24th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.02). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. The business had revenue of $51.20 million for the quarter, compared to analyst estimates of $65.15 million. During the same period last year, the company posted $0.33 earnings per share. On average, equities analysts anticipate that Ladder Capital Corp will post 1.03 earnings per share for the current year.

Ladder Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.85%. The ex-dividend date of this dividend was Monday, March 31st. Ladder Capital's dividend payout ratio is presently 112.20%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Keefe, Bruyette & Woods dropped their target price on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. StockNews.com downgraded shares of Ladder Capital from a "buy" rating to a "hold" rating in a report on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $13.17.

Ladder Capital Profile

Ladder Capital Corp operates as an internally-managed real estate investment trust in the United States. It operates through three segments: Loans, Securities, and Real Estate. The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning.