Ladder Capital Corp (NYSE:LADR) Shares Purchased by Two Sigma Investments LP

Two Sigma Investments LP grew its position in Ladder Capital Corp (NYSE:LADR - Free Report) by 36.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 298,131 shares of the real estate investment trust's stock after acquiring an additional 79,399 shares during the quarter. Two Sigma Investments LP owned about 0.23% of Ladder Capital worth $3,336,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ladder Capital by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,678,115 shares of the real estate investment trust's stock worth $18,778,000 after purchasing an additional 45,040 shares during the period. Barclays PLC lifted its holdings in shares of Ladder Capital by 28.3% during the third quarter. Barclays PLC now owns 205,403 shares of the real estate investment trust's stock worth $2,382,000 after purchasing an additional 45,294 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Ladder Capital by 2.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,680,014 shares of the real estate investment trust's stock worth $18,799,000 after purchasing an additional 39,695 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Ladder Capital during the fourth quarter worth $4,323,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Ladder Capital during the fourth quarter worth $7,981,000. 62.25% of the stock is owned by institutional investors and hedge funds.

Ladder Capital Price Performance

Ladder Capital stock traded up $0.13 during midday trading on Tuesday, reaching $10.51. The company's stock had a trading volume of 572,448 shares, compared to its average volume of 653,372. Ladder Capital Corp has a fifty-two week low of $9.68 and a fifty-two week high of $12.48. The company has a debt-to-equity ratio of 2.05, a quick ratio of 38.96 and a current ratio of 38.96. The stock's 50 day simple moving average is $10.46 and its 200 day simple moving average is $11.14. The firm has a market capitalization of $1.34 billion, a PE ratio of 12.22 and a beta of 1.01.

Ladder Capital (NYSE:LADR - Get Free Report) last released its 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). 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 last year, the business posted $0.33 EPS. On average, equities research analysts forecast that Ladder Capital Corp will post 1.03 earnings per share for the current year.

Ladder Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors 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 8.76%. Ladder Capital's dividend payout ratio is presently 112.20%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their price target on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating for the company in a report on Monday, April 7th. Wall Street Zen downgraded Ladder Capital from a "buy" rating to a "hold" rating in a report on Monday, February 24th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average 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.