Ladder Capital (NYSE:LADR) Stock Rating Lowered by StockNews.com

Ladder Capital (NYSE:LADR) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Several other research firms have also commented on LADR. B. Riley raised shares of Ladder Capital to a “strong-buy” rating in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods reduced their target price on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating on the stock in a report on Tuesday, January 14th. 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.29.

Ladder Capital Trading Up 0.6 %

LADR opened at $11.68 on Monday. Ladder Capital has a 52 week low of $10.20 and a 52 week high of $12.48. The company has a quick ratio of 38.96, a current ratio of 38.96 and a debt-to-equity ratio of 2.05. The business has a fifty day simple moving average of $11.31 and a 200-day simple moving average of $11.56. The firm has a market cap of $1.48 billion, a P/E ratio of 13.58 and a beta of 1.92.

Ladder Capital (NYSE:LADR) last posted its earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. On average, equities analysts expect that Ladder Capital will post 1.03 earnings per share for the current year.

Institutional Investors Weigh In On Ladder Capital

Large investors have recently modified their holdings of the company. Mackenzie Financial Corp purchased a new stake in shares of Ladder Capital during the 4th quarter worth $216,000. PharVision Advisers LLC purchased a new stake in Ladder Capital during the 4th quarter worth about $407,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Ladder Capital by 11.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 294,417 shares of the real estate investment trust’s stock worth $3,295,000 after buying an additional 29,762 shares during the last quarter. Squarepoint Ops LLC boosted its position in shares of Ladder Capital by 145.7% during the 4th quarter. Squarepoint Ops LLC now owns 63,528 shares of the real estate investment trust’s stock worth $711,000 after acquiring an additional 37,675 shares in the last quarter. Finally, Two Sigma Advisers LP increased its holdings in shares of Ladder Capital by 25.5% in the 4th quarter. Two Sigma Advisers LP now owns 243,250 shares of the real estate investment trust’s stock valued at $2,722,000 after acquiring an additional 49,500 shares during the last quarter. 62.25% of the stock is owned by hedge funds and other institutional investors.

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.