Ladder Capital (NYSE:LADR) Rating Lowered to “Hold” at 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 on Monday.

A number of other brokerages have also weighed in on LADR. Keefe, Bruyette & Woods decreased their price target on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. B. Riley upgraded Ladder Capital to a “strong-buy” rating in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Ladder Capital presently has an average rating of “Moderate Buy” and a consensus price target of $13.29.

Ladder Capital Price Performance

NYSE:LADR opened at $11.68 on Monday. The stock has a market capitalization of $1.48 billion, a PE ratio of 13.58 and a beta of 1.92. 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 stock’s 50-day moving average price is $11.31 and its 200-day moving average price is $11.56.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. 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. Quest Partners LLC increased its holdings in shares of Ladder Capital by 13,513.5% during the 3rd quarter. Quest Partners LLC now owns 7,079 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 7,027 shares during the last quarter. TD Waterhouse Canada Inc. purchased a new stake in shares of Ladder Capital during the 4th quarter valued at approximately $84,000. Quarry LP lifted its holdings in Ladder Capital by 1,832.9% in the third quarter. Quarry LP now owns 8,118 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 7,698 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Ladder Capital in the fourth quarter valued at approximately $112,000. Institutional investors and hedge funds own 62.25% of the company’s stock.

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.