SG Americas Securities LLC Grows Stock Holdings in Ladder Capital Corp (NYSE:LADR)

SG Americas Securities LLC raised its holdings in shares of Ladder Capital Corp (NYSE:LADR) by 15.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,424 shares of the real estate investment trust’s stock after purchasing an additional 4,027 shares during the quarter. SG Americas Securities LLC’s holdings in Ladder Capital were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Creative Planning lifted its holdings in shares of Ladder Capital by 2.5% in the 3rd quarter. Creative Planning now owns 37,302 shares of the real estate investment trust’s stock valued at $433,000 after acquiring an additional 909 shares during the last quarter. Capital Square LLC raised its position in Ladder Capital by 2.6% during the third quarter. Capital Square LLC now owns 76,462 shares of the real estate investment trust’s stock valued at $887,000 after purchasing an additional 1,953 shares during the period. HB Wealth Management LLC lifted its stake in shares of Ladder Capital by 13.4% in the 4th quarter. HB Wealth Management LLC now owns 17,011 shares of the real estate investment trust’s stock valued at $191,000 after purchasing an additional 2,011 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Ladder Capital by 4.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 60,772 shares of the real estate investment trust’s stock worth $686,000 after purchasing an additional 2,573 shares during the period. Finally, Mount Yale Investment Advisors LLC increased its position in shares of Ladder Capital by 24.2% during the 3rd quarter. Mount Yale Investment Advisors LLC now owns 17,219 shares of the real estate investment trust’s stock valued at $200,000 after purchasing an additional 3,360 shares during the last quarter. 62.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. B. Riley upgraded Ladder Capital to a “strong-buy” rating in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods lowered their target price on shares of Ladder Capital from $13.00 to $12.75 and set an “outperform” rating for the company in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $13.29.

Ladder Capital Stock Performance

LADR stock opened at $11.29 on Wednesday. Ladder Capital Corp has a twelve month low of $10.10 and a twelve month high of $12.48. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 14.85 and a beta of 1.92. The business’s fifty day simple moving average is $11.38 and its two-hundred day simple moving average is $11.59. The company has a quick ratio of 54.44, a current ratio of 54.44 and a debt-to-equity ratio of 2.34.

Ladder Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 8.15%. The ex-dividend date was Tuesday, December 31st. Ladder Capital’s dividend payout ratio is presently 121.05%.

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.