PharVision Advisers LLC Makes New Investment in Ladder Capital Corp (NYSE:LADR)

PharVision Advisers LLC acquired a new stake in shares of Ladder Capital Corp (NYSE:LADR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 36,356 shares of the real estate investment trust's stock, valued at approximately $407,000.

Several other institutional investors and hedge funds also recently made changes to their positions in LADR. Access Investment Management LLC increased its position in shares of Ladder Capital by 0.4% during the 4th quarter. Access Investment Management LLC now owns 284,064 shares of the real estate investment trust's stock worth $3,179,000 after purchasing an additional 1,145 shares in the last quarter. HB Wealth Management LLC grew its stake in 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 buying an additional 2,011 shares during the last quarter. Sterling Capital Management LLC increased its holdings in shares of Ladder Capital by 816.1% during the fourth quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust's stock worth $41,000 after buying an additional 3,240 shares in the last quarter. Capital Square LLC raised its stake in shares of Ladder Capital by 4.3% in the fourth quarter. Capital Square LLC now owns 79,713 shares of the real estate investment trust's stock valued at $882,000 after acquiring an additional 3,251 shares during the last quarter. Finally, Sei Investments Co. raised its stake in shares of Ladder Capital by 10.2% in the fourth quarter. Sei Investments Co. now owns 37,940 shares of the real estate investment trust's stock valued at $425,000 after acquiring an additional 3,510 shares during the last quarter. Institutional investors and hedge funds own 62.25% of the company's stock.

Ladder Capital Trading Up 0.8%

LADR stock traded up $0.09 during midday trading on Monday, reaching $10.32. The stock had a trading volume of 961,600 shares, compared to its average volume of 651,147. The company has a quick ratio of 38.96, a current ratio of 38.96 and a debt-to-equity ratio of 2.05. Ladder Capital Corp has a twelve month low of $9.68 and a twelve month high of $12.48. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 11.99 and a beta of 1.01. The business has a fifty day simple moving average of $10.62 and a two-hundred day simple moving average of $11.20.

Ladder Capital (NYSE:LADR - Get Free Report) last posted its quarterly 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 the consensus estimate of $65.15 million. During the same period last year, the firm earned $0.33 earnings per share. As a group, research analysts expect that Ladder Capital Corp will post 1.03 EPS for the current fiscal year.

Ladder Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 8.92%. The ex-dividend date of this dividend was Monday, March 31st. Ladder Capital's payout ratio is 112.20%.

Analyst Upgrades and Downgrades

LADR has been the topic of a number of research analyst reports. Wall Street Zen lowered Ladder Capital from a "buy" rating to a "hold" rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods decreased their target price on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $13.17.

Ladder Capital Company 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.