Brown Advisory Inc. Has $35.58 Million Holdings in Ladder Capital Corp (NYSE:LADR)

Brown Advisory Inc. lowered its position in Ladder Capital Corp (NYSE:LADR - Free Report) by 2.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,118,417 shares of the real estate investment trust's stock after selling 67,949 shares during the quarter. Brown Advisory Inc. owned 2.45% of Ladder Capital worth $35,581,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of LADR. Envestnet Asset Management Inc. lifted its position in shares of Ladder Capital by 11.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 34,405 shares of the real estate investment trust's stock worth $393,000 after buying an additional 3,611 shares during the period. Penserra Capital Management LLC lifted its position in shares of Ladder Capital by 20.9% during the 1st quarter. Penserra Capital Management LLC now owns 95,563 shares of the real estate investment trust's stock worth $1,090,000 after buying an additional 16,537 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Ladder Capital by 1.7% during the 1st quarter. Bank of New York Mellon Corp now owns 498,988 shares of the real estate investment trust's stock worth $5,693,000 after buying an additional 8,428 shares during the period. KBC Group NV bought a new position in shares of Ladder Capital during the 1st quarter worth approximately $31,000. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of Ladder Capital by 4.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 49,336 shares of the real estate investment trust's stock worth $563,000 after buying an additional 2,251 shares during the period. Institutional investors own 62.25% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LADR shares. Keefe, Bruyette & Woods raised their target price on Ladder Capital from $11.50 to $11.75 and gave the stock an "outperform" rating in a research report on Thursday. Wall Street Zen downgraded Ladder Capital from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Ladder Capital currently has a consensus rating of "Moderate Buy" and a consensus price target of $13.15.

Ladder Capital Trading Down 0.5%

Shares of LADR stock traded down $0.06 on Friday, reaching $11.11. 1,158,975 shares of the stock were exchanged, compared to its average volume of 673,858. The stock has a market cap of $1.42 billion, a PE ratio of 13.55, a P/E/G ratio of 3.34 and a beta of 1.00. Ladder Capital Corp has a one year low of $9.68 and a one year high of $12.48. The company has a debt-to-equity ratio of 1.83, a current ratio of 48.72 and a quick ratio of 48.71. The stock has a 50 day moving average price of $10.65 and a 200 day moving average price of $10.96.

Ladder Capital (NYSE:LADR - Get Free Report) last released 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). The firm had revenue of $51.20 million for the quarter, compared to the consensus estimate of $65.15 million. Ladder Capital had a return on equity of 7.82% and a net margin of 21.81%. During the same quarter in the previous year, the firm earned $0.33 EPS. Equities research analysts forecast that Ladder Capital Corp will post 1.03 EPS for the current fiscal year.

Ladder Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 8.28%. Ladder Capital's 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.