36,356 Shares in Ladder Capital Corp (NYSE:LADR) Acquired by PharVision Advisers LLC

PharVision Advisers LLC acquired a new stake in Ladder Capital Corp (NYSE:LADR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,356 shares of the real estate investment trust's stock, valued at approximately $407,000.

Several other large investors also recently bought and sold shares of LADR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ladder Capital by 11.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 294,417 shares of the real estate investment trust's stock valued at $3,295,000 after purchasing an additional 29,762 shares during the period. Squarepoint Ops LLC lifted its holdings in Ladder Capital by 145.7% in the 4th quarter. Squarepoint Ops LLC now owns 63,528 shares of the real estate investment trust's stock worth $711,000 after buying an additional 37,675 shares in the last quarter. Two Sigma Advisers LP lifted its holdings in Ladder Capital by 25.5% in the 4th quarter. Two Sigma Advisers LP now owns 243,250 shares of the real estate investment trust's stock worth $2,722,000 after buying an additional 49,500 shares in the last quarter. Two Sigma Investments LP boosted its position in Ladder Capital by 36.3% in the 4th quarter. Two Sigma Investments LP now owns 298,131 shares of the real estate investment trust's stock valued at $3,336,000 after buying an additional 79,399 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of Ladder Capital by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 31,971 shares of the real estate investment trust's stock valued at $358,000 after acquiring an additional 10,518 shares in the last quarter. Institutional investors and hedge funds own 62.25% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on LADR. StockNews.com cut Ladder Capital from a "buy" rating to a "hold" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods dropped their price objective 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 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's stock. According to MarketBeat, Ladder Capital currently has a consensus rating of "Moderate Buy" and an average target price of $13.17.

Ladder Capital Stock Performance

Shares of Ladder Capital stock opened at $10.52 on Wednesday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 38.96 and a current ratio of 38.96. Ladder Capital Corp has a 1 year low of $9.68 and a 1 year high of $12.48. The firm's 50-day simple moving average is $10.70 and its 200-day simple moving average is $11.22. The firm has a market cap of $1.34 billion, a PE ratio of 12.23 and a beta of 1.01.

Ladder Capital (NYSE:LADR - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.02). Ladder Capital had a net margin of 21.36% and a return on equity of 8.77%. The firm had revenue of $51.20 million during the quarter, compared to the consensus estimate of $65.15 million. During the same period in the prior year, the firm earned $0.33 earnings per share. Equities analysts forecast that Ladder Capital Corp will post 1.03 earnings per share for the current fiscal year.

Ladder Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors 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 8.75%. The ex-dividend date was Monday, March 31st. Ladder Capital's dividend payout ratio is currently 112.20%.

About Ladder Capital

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.

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