Lido Advisors LLC Boosts Stock Position in Ladder Capital Corp (NYSE:LADR)

Lido Advisors LLC boosted its position in shares of Ladder Capital Corp (NYSE:LADR - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 354,403 shares of the real estate investment trust's stock after purchasing an additional 34,138 shares during the quarter. Lido Advisors LLC owned 0.28% of Ladder Capital worth $4,047,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LADR. Sterling Capital Management LLC lifted its position in Ladder Capital by 816.1% in the 4th quarter. Sterling Capital Management LLC now owns 3,637 shares of the real estate investment trust's stock valued at $41,000 after acquiring an additional 3,240 shares in the last quarter. TD Waterhouse Canada Inc. bought a new position in shares of Ladder Capital in the 4th quarter valued at about $84,000. Janney Montgomery Scott LLC acquired a new position in shares of Ladder Capital during the 4th quarter worth approximately $112,000. Cibc World Markets Corp bought a new stake in Ladder Capital in the 4th quarter valued at $119,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Ladder Capital during the 4th quarter valued at $129,000. Institutional investors own 62.25% of the company's stock.

Ladder Capital Stock Performance

Shares of LADR traded down $0.02 during mid-day trading on Tuesday, hitting $10.38. 91,741 shares of the company traded hands, compared to its average volume of 633,968. The stock has a 50-day moving average price of $10.94 and a two-hundred day moving average price of $11.28. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 12.06 and a beta of 1.01. The company has a debt-to-equity ratio of 2.05, a quick ratio of 38.96 and a current ratio of 38.96. 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 released its 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 firm had revenue of $51.20 million during the quarter, compared to analysts' expectations of $65.15 million. Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. During the same period in the prior year, the company posted $0.33 earnings per share. Equities analysts anticipate that Ladder Capital Corp will post 1.03 earnings per share 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. This represents a $0.92 annualized dividend and a dividend yield of 8.87%. The ex-dividend date was Monday, March 31st. Ladder Capital's dividend payout ratio is presently 112.20%.

Analyst Ratings Changes

Several research firms have commented on LADR. B. Riley raised shares of Ladder Capital to a "strong-buy" rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods reduced their price objective on Ladder Capital from $12.75 to $12.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Finally, StockNews.com downgraded shares of Ladder Capital from a "buy" rating to a "hold" rating in a research note on Monday, February 24th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $13.17.

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.