QRG Capital Management Inc. Has $1.88 Million Stock Holdings in Ladder Capital Corp (NYSE:LADR)

QRG Capital Management Inc. increased its holdings in shares of Ladder Capital Corp (NYSE:LADR) by 4.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 167,820 shares of the real estate investment trust’s stock after acquiring an additional 7,663 shares during the quarter. QRG Capital Management Inc.’s holdings in Ladder Capital were worth $1,878,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Creative Planning raised its holdings in 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 in the last quarter. Access Investment Management LLC raised its holdings in Ladder Capital by 0.4% in the 4th quarter. Access Investment Management LLC now owns 284,064 shares of the real estate investment trust’s stock valued at $3,179,000 after acquiring an additional 1,145 shares in the last quarter. Capital Square LLC raised its holdings in Ladder Capital by 2.6% in the 3rd quarter. Capital Square LLC now owns 76,462 shares of the real estate investment trust’s stock valued at $887,000 after acquiring an additional 1,953 shares in the last quarter. HB Wealth Management LLC raised its holdings in 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 acquiring an additional 2,011 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Ladder Capital by 15.9% in the 4th quarter. SG Americas Securities LLC now owns 29,424 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 4,027 shares in the last quarter. Institutional investors and hedge funds own 62.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LADR. B. Riley upgraded Ladder Capital to a “strong-buy” rating in a research note on Tuesday, January 7th. Keefe, Bruyette & Woods lowered their price objective on Ladder Capital from $13.00 to $12.75 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Finally, StockNews.com lowered Ladder Capital from a “buy” rating to a “hold” rating in a research note on Monday, February 24th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $13.29.

Ladder Capital Stock Up 1.3 %

NYSE LADR opened at $11.83 on Monday. The firm has a market cap of $1.50 billion, a PE ratio of 13.75 and a beta of 1.92. Ladder Capital Corp has a one year low of $10.20 and a one year high of $12.48. The stock’s 50 day simple moving average is $11.34 and its 200 day simple moving average is $11.56. 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) last released its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.04). Ladder Capital had a return on equity of 8.77% and a net margin of 21.36%. As a group, sell-side analysts forecast that Ladder Capital Corp will post 1.03 earnings per share for the current fiscal year.

Ladder Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.23 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.92 dividend on an annualized basis and a yield of 7.78%. Ladder Capital’s payout ratio is 106.98%.

About Ladder Capital

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.