Two Sigma Advisers LP Purchases 49,500 Shares of Ladder Capital Corp (NYSE:LADR)

Two Sigma Advisers LP increased its holdings in Ladder Capital Corp (NYSE:LADR - Free Report) by 25.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 243,250 shares of the real estate investment trust's stock after buying an additional 49,500 shares during the period. Two Sigma Advisers LP owned 0.19% of Ladder Capital worth $2,722,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LADR. Access Investment Management LLC increased its stake in 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 acquiring an additional 1,145 shares during the period. Sterling Capital Management LLC grew its holdings in shares of Ladder Capital by 816.1% during the 4th quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust's stock worth $41,000 after purchasing an additional 3,240 shares in the last quarter. Capital Square LLC increased its position 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 worth $882,000 after purchasing an additional 3,251 shares during the period. Sei Investments Co. raised its stake in 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 purchasing an additional 3,510 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in Ladder Capital by 15.9% in the fourth quarter. SG Americas Securities LLC now owns 29,424 shares of the real estate investment trust's stock valued at $329,000 after purchasing an additional 4,027 shares in the last quarter. 62.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Keefe, Bruyette & Woods reduced their price objective on shares of Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Wall Street Zen lowered shares of Ladder Capital from a "buy" rating to a "hold" rating in a research report on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $13.17.

Ladder Capital Price Performance

NYSE LADR traded up $0.01 during trading on Friday, hitting $10.52. 1,004,766 shares of the company's stock were exchanged, compared to its average volume of 652,928. The company has a market cap of $1.34 billion, a PE ratio of 12.23 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 fifty-two week low of $9.68 and a fifty-two week high of $12.48. The stock's 50 day moving average price is $10.50 and its two-hundred day moving average price is $11.15.

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

Ladder Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 8.75%. The ex-dividend date was Monday, March 31st. Ladder Capital's payout ratio is presently 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.