Deutsche Bank AG Has $2 Million Stock Holdings in Ladder Capital Corp (NYSE:LADR)

Deutsche Bank AG lifted its stake in Ladder Capital Corp (NYSE:LADR - Free Report) by 25.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,748 shares of the real estate investment trust's stock after acquiring an additional 36,236 shares during the quarter. Deutsche Bank AG owned approximately 0.14% of Ladder Capital worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wellington Management Group LLP lifted its holdings in shares of Ladder Capital by 77.6% during the 4th quarter. Wellington Management Group LLP now owns 2,684,772 shares of the real estate investment trust's stock valued at $30,043,000 after buying an additional 1,172,961 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Ladder Capital in the fourth quarter valued at approximately $7,981,000. Norges Bank acquired a new stake in Ladder Capital in the fourth quarter valued at approximately $5,764,000. Balyasny Asset Management L.P. grew its position in Ladder Capital by 35.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,777,974 shares of the real estate investment trust's stock worth $19,896,000 after acquiring an additional 461,739 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Ladder Capital by 98.9% during the 4th quarter. Franklin Resources Inc. now owns 832,848 shares of the real estate investment trust's stock worth $9,320,000 after purchasing an additional 414,135 shares during the last quarter. 62.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on LADR. Wall Street Zen lowered shares of Ladder Capital from a "buy" rating to a "hold" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods reduced their price target on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $13.17.

Ladder Capital Stock Performance

LADR traded up $0.03 during trading on Thursday, hitting $10.51. The stock had a trading volume of 434,539 shares, compared to its average volume of 650,249. The firm has a market cap of $1.34 billion, a PE ratio of 12.22 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. Ladder Capital Corp has a 12 month low of $9.68 and a 12 month high of $12.48. The company has a 50 day simple moving average of $10.52 and a 200-day simple moving average of $11.17.

Ladder Capital (NYSE:LADR - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The real estate investment trust reported $0.20 earnings per share (EPS) 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 business had revenue of $51.20 million during the quarter, compared to analyst estimates of $65.15 million. During the same period in the prior year, the business posted $0.33 earnings per share. Analysts expect that Ladder Capital Corp will post 1.03 EPS for the current year.

Ladder Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.23 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.92 annualized dividend and a dividend yield of 8.75%. Ladder Capital's dividend payout ratio is 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.