Universal Beteiligungs und Servicegesellschaft mbH Invests $1.64 Million in Ladder Capital Corp (NYSE:LADR)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Ladder Capital Corp (NYSE:LADR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 146,829 shares of the real estate investment trust's stock, valued at approximately $1,643,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.12% of Ladder Capital at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sterling Capital Management LLC raised its holdings in 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 buying an additional 3,240 shares during the period. TD Waterhouse Canada Inc. acquired a new stake in Ladder Capital during the 4th quarter worth about $84,000. Janney Montgomery Scott LLC acquired a new stake in Ladder Capital during the 4th quarter worth about $112,000. Cibc World Markets Corp acquired a new stake in Ladder Capital during the 4th quarter worth about $119,000. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Ladder Capital in the 4th quarter valued at about $129,000. Institutional investors and hedge funds own 62.25% of the company's stock.

Analyst Upgrades and Downgrades

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

Ladder Capital Stock Up 1.0%

NYSE:LADR traded up $0.10 during trading hours on Friday, reaching $10.62. The company's stock had a trading volume of 644,556 shares, compared to its average volume of 654,649. Ladder Capital Corp has a one year low of $9.68 and a one year high of $12.48. The business's 50-day moving average is $10.40 and its 200-day moving average is $11.12. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 12.35 and a beta of 1.01. The company has a debt-to-equity ratio of 2.05, a current ratio of 38.96 and a quick ratio of 38.96.

Ladder Capital (NYSE:LADR - Get Free Report) last released 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). The company 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 8.77% and a net margin of 21.36%. During the same quarter last year, the company posted $0.33 EPS. Equities research analysts predict that Ladder Capital Corp will post 1.03 EPS for the current year.

Ladder Capital Announces Dividend

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

Ladder Capital 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.