UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $3.30 Million Position in Ladder Capital Corp (NYSE:LADR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Ladder Capital Corp (NYSE:LADR - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 294,417 shares of the real estate investment trust's stock after purchasing an additional 29,762 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.23% of Ladder Capital worth $3,295,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Access Investment Management LLC raised its stake in Ladder Capital by 0.4% during the fourth quarter. Access Investment Management LLC now owns 284,064 shares of the real estate investment trust's stock worth $3,179,000 after purchasing an additional 1,145 shares during the period. Sterling Capital Management LLC raised its stake in Ladder Capital by 816.1% during the fourth 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 during the period. Capital Square LLC raised its stake in Ladder Capital by 4.3% during 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% during the fourth quarter. Sei Investments Co. now owns 37,940 shares of the real estate investment trust's stock worth $425,000 after purchasing an additional 3,510 shares during the period. Finally, LPL Financial LLC raised its stake in Ladder Capital by 2.4% during the fourth quarter. LPL Financial LLC now owns 193,994 shares of the real estate investment trust's stock worth $2,171,000 after purchasing an additional 4,498 shares during the period. 62.25% of the stock is owned by hedge funds and other institutional investors.

Ladder Capital Trading Up 1.0%

Shares of Ladder Capital stock traded up $0.10 during trading hours on Friday, reaching $10.62. The stock had a trading volume of 644,556 shares, compared to its average volume of 654,649. The firm has a 50 day simple moving average of $10.40 and a two-hundred day simple moving average of $11.12. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 12.35 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 1 year low of $9.68 and a 1 year high of $12.48.

Ladder Capital (NYSE:LADR - Get Free Report) last announced its earnings results on Thursday, April 24th. The real estate investment trust reported $0.20 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 company had revenue of $51.20 million for the quarter, compared to analysts' expectations of $65.15 million. During the same quarter in the previous year, the business posted $0.33 earnings per share. As a group, equities research analysts anticipate that Ladder Capital Corp will post 1.03 earnings per share for the current year.

Ladder Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.23 per share. The ex-dividend date was Monday, March 31st. This represents a $0.92 dividend on an annualized basis and a yield of 8.66%. Ladder Capital's dividend payout ratio (DPR) is presently 112.20%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reduced their price target 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 cut shares of Ladder Capital from a "buy" rating to a "hold" rating in a report on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $13.17.

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.